Retailers
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Apr- 2018 -9 April
Beaverbrooks to give away £2,000 of wedding jewellery
Jewellery retailer Beaverbrooks is giving away £2,000 of wedding jewellery to a lucky couple – as long as they are getting married on the same day as the royal wedding. Beaverbrooks, is giving couples getting married on 19 May the chance to win the free jewellery as compensation for having…
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9 April
Small firms hit by pension auto-enrolment scheme, claims FSB
Small firms and startups will be “hit the very hardest” by the doubling of auto-enrolment employer pension contributions, according to the Federation of Small Businesses (FSB). From 6 April 2018, the minimum amount employers must by law pay into workplace pensions increased by 2% of qualifying earnings, whilst staff contribute…
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6 April
Fraser Hart reports sales and profit increase
Jewellery retailer Fraser Hart has seen its profits and sales increase in the full fiscal year to June 2017. In its latest financial statement, the retailer reported that over its 54 stores trading under the Fraser Hart and Fields brands turnover increased to £80.8m up from £76.3m the previous year.…
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5 April
Instagram jeweller ‘Say It With Diamonds’ to open store in Liverpool
Online jeweller, Say It With Diamonds, is to open a physical store in Liverpool’s Cavern Walks. The jewellery brand founded in 2016, by Charlotte Donoghue and Steph Porter, originally launched with products only available for purchase on social media platform Instagram. However at the end of 2017 Say It With…
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4 April
Chapelle Jewellery to open new Portsmouth store
Jewellery retailer Chapelle Jewellery has announced that it will open a new flagship store at Gunwharf Quays Designer Outlet, Portsmouth. The approximately 1,000 sq ft jewellery store will offer a wide range of jewellery, from diamond engagement rings to fashion pieces. The store will also feature designer watch brands from…
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3 April
21,000 retail jobs lost or threatened so far this year
Over 21,000 jobs have been axed or put at risk in the first three months of the year as retailers struggle to break even. A Press Association analysis revealed that 21,413 staff members have already been made redundant or had their role threatened, with the majority being from large high-street…
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Mar- 2018 -29 March
A quarter of SME retailers expect to see Easter sales increase
A quarter of SME retailers expect to see an increase in sales activity over the Easter bank holiday weekend, according to a study commissioned by Royal Mail. The study found that 69% of SME retailers feel they are fully prepared for the Easter bank holiday weekend opportunity in terms of…
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29 March
‘Beast from the East’ chills retail sales
Year-on-year sales volumes declined for the first time since October 2017, according to CBI’s latest monthly Distributive Trades Survey. Additionally, sales for the time of year were significantly below normal, and by the greatest extent since April 2013. The volume of orders placed with suppliers, meanwhile, was broadly unchanged. Sales volumes…
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27 March
Wakefields leaves CMJ to join Houlden group
Following 28 years as a member of The Company of Master Jewellers (CMJ), Wakefields Jewellers has announced it is leave the CMJ and join the Houlden buying group. Dominic and Melanie Wakefield, managing directors of the jewellers said they felt the “networking and support” that Wakefields has had throughout its…
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27 March
Over 80% of national retailers snub new Instagram tech
A new selling feature on photo-sharing social media app, Instagram, has been ignored by more than 80% of retailers in its first week, according to Cybertill. Instagram rolled out a new ‘Shopping’ feature to business accounts in the United Kingdom, as well as Germany France, Italy Brazil, Canada, Spain and…
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