Newspaper retail round-up

A roundup of the retail stories in the newspapers this week… M&S, snow, Christmas shopping, E-Bay, VAT

Retailers have suffered at the hands of a second blast of snow in the peak-trading week of the year. Alexon, which owns womenswear chains Ann Harvey and Kaliko, has warned that lower footfall and unexpected closures due to poor weather, will impact sales and profit by 10%.

From The Times

Technology tops gift lists

Early sales figures show that smartphones, tablet devices and internet-connected television sets have topped the list of popular Christmas gifts.

E-Bay buys into private shopping

E-bay the online marketplace has acquired German private shopping site Brands4friends as part of a $200m deal. It is e-Bay’s latest move into the growing private shopping club market.

Bolland may restructure M&S board

Marks & Spencer CEO Marc Bolland may be planning to restructure the board at the retail chain, according to analysts.

Retailers slash prices to grab final sales

Retailers are making last ditch attempts to entice shoppers with heavy discounting, after poor weather impacted sales in the last week before Christmas.

VAT increase will be permanent

George Osborne has declared that the increase in VAT to 20%, due to come into effect on 4 January, will be permanent, rather than a temporary measure as many retailers and consumers had hoped.

From the Financial Times

Supermarkets plan one new store a day

The Big Four supermarkets, Tesco, Morrisons, Asda and Sainsbury’s have gained planning permission for one new store every working day, in the past year, according to a BBC Panorama investigation.

Snow puts sprouts in short supply

Christmas dinners may be without sprouts this year as snow has put the supply of fresh fruit and vegetables in jeopardy.

From The Guardian

Biggest shopping day ever on 23 December

Tomorrow (23 December), is set to be the biggest shopping day of all time, as retailers and shoppers make up for lost time as a result of the weather and take the last opportunity to shop before heading home for Christmas. Visa expects to process around 26.5 million transactions, worth more than £1.2 billion, a 20% increase compared with last year.

From The Telegraph

Latest from Marketing Week

PLEASE SIGN IN OR REGISTER. IT'S FREE, QUICK AND EASY!

Access Marketing Week’s wealth of insight, analysis and inspiration that will help you develop as a marketer and leader.

Register and receive the best content from the only title 100% dedicated to serving marketers' needs.

We’ll ask you just a few questions about what you do and where you work, so we can make Marketing Week more relevant to you.

Register now

THE BEST CONTENT

Our award winning editorial team and columnists will ask the biggest questions about the biggest issues on everything from strategy through to execution to help you navigate the fast moving modern marketing landscape.

THE BIGGEST ISSUES

From the opportunities and challenges of emerging technology to the need for greater effectiveness, from the challenge of measurement to building a marketing team fit for the future, we will be your guide.

PERSONAL AND PROFESSIONAL DEVELOPMENT

Information, inspiration and advice from the marketing world and beyond that will help you develop as a marketer and as a leader.

Dedicated to developing your skills and helping you achieve marketing excellence. Find guidance on leadership, professional development and the latest industry jobs.

Having problems?

Contact us on +44 (0)20 7292 3711 or email subscriptions@marketingweek.com

If you are looking for our Jobs site, please click here