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Sunday Retail News Roundup

Twitter chiefs set to cash in after takeover, Co-op chief EU immigrants working in UK, Mr Co-operative wanted pay cut, Sports Direct growing void, Sorry Icelanders name is ours, BT rivals broadband battle, BHS reborn, Tesco pension black hole balloons, Polish up CV Sports Direct hiring, BHS relaunch as online brand.

Latest retail news headlines

Dave Forsey resigns as chief executive of Sports Direct

Sports Direct has announced that its chief executive Dave Forsey has resigned and will be replaced by the company’s founder Mike Ashley.

First retailers announced for Lincoln Cornhill Quarter’s £70 million redevelopment  

Established developer Lincolnshire Co-op has taken a significant step forward in the redevelopment of The Cornhill Quarter in Lincoln through the signing of three new retailers.

New code of practice launched for airport retailers

The Airport Operators Association and the UK Travel Retail Forum have launched a code of practice for airport retailers to ensure greater transparency on how customers benefit from the VAT relief concession for airport retailers.

Ribble Cycles enjoys post Olympic surge in bike sales

The record breaking success of Team GB’s cyclists at the Rio Olympics has helped online cycle retailer Ribble Cycles to a 61% year-on-year increase in bike sales since the start of the games.

Rakuten Kobo to keep Sainsbury’s eBook customers reading digitally

Digital reading company Rakuten Kobo is working with Sainsbury’s Entertainment on Demand to offer Sainsbury’s customers the opportunity to transfer their eBook libraries to Kobo’s eReading service as Sainsbury’s exits the digital entertainment business.

London's West End enjoys 'remarkable' summer as trade is boosted by overseas shoppers

London’s West End benefited from a surge in spending by overseas visitors in August as the amount spent by Chinese tourists climbed by 65%.

Sainsbury’s opens new London fulfilment centre

Sainsbury’s has opened a new customer fulfilment centre in London as it predicts that demand in the capital for its online groceries service will double over the next eight years due to more people switching to a mixture of online...

Celesio UK appoints new operations director

Lloyds Pharmacy owner Celesio UK has appointed Catherine McDermott as its new operations director.

Retail solutions news

SalaryFinance: a fintech company with social purpose

Household debt is at its highest since the 2008 crash, with middle and low-income earners hardest hit. The founders of SalaryFinance explain why consolidating employee debt at a low fixed rate and deducting it from payroll could make good sense...

Video reviews: retailers boost revenues by integrating user generated content

Charles Tyrwhitt, and other global brands enjoy increased sales from video reviews as customers switch to visual content.
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