Retailers
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Dec- 2016 -12 December
Beaverbrooks posts strong full-year financial results
Beaverbrooks has posted strong full-year results, which saw operating profit before distribution and tax rise to £15.2m – up from £14.3m the previous year. During the 52 weeks ending 27 February 2016, the jewellery chain’s annual report and financial statements published on Companies House showed a 5% increase in turnover…
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2 December
Allum & Sidaway opens Salisbury flagship store
Jewellery retailer Allum & Sidaway has opened a new flagship store in Salisbury city centre. Having been in Salisbury for over 40 years, Allum & Sidaway’s new store is located in a grade II-listed building and spread across two floors. Across two floors, it will showcase fine jewellery, a brand…
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Nov- 2016 -29 November
Chisholm Hunter to open £8m jewellery store in Edinburgh
Luxury jeweller and diamond specialist Chisholm Hunter is set to open a new £8m jewellery store on Edinburgh’s Princes Street in early December. The premises will have approximately 10,000 square foot of retail space spread across three floors and will include a champagne bar and designated Swiss timepiece room, as…
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23 November
Signet’s UK division reports strong third quarter
Signet Jeweler’s UK division, which owns H Samuel and Ernest Jones, reported a 3.6% increase in same-store sales in the third quarter of its 2016 financial year. Despite a 3.3% fall in the number of transactions due primarily to lower sales in fashion watches, the 13 weeks ending 29 October…
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16 November
High street struggles to ‘meet demand of time-poor and tech-savvy customers’
High street retailers are struggling to meet the demand of time-poor and tech-savvy customers, according to a new study new research from Barclaycard. The survey of 2,000 UK adults found increasingly busy and technology-savvy shoppers cite lack of time as a primary reason for buying online more often (32%), with…
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15 November
Jeweller’s carpet worth thousands after collecting gold flecks for 15 years
A jewellers worn-out carpet is set to be valued at thousands of pounds after gathering specks of gold dust and and platinum for the past 15 years. Aurum of Jersey, in St Helier, Jersey, has decided to replace its workshop carpet, which will be sent to a bullion merchants and…
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Oct- 2016 -28 October
Hancocks London named Mayfair’s ‘Best Independent Jeweller’
Luxury jewellery store Hancocks London has been named the ‘Best Independent Jeweller’ in Mayfair. The Mayfair Awards – run by The Mayfair Magazine – is now in its fifth year and aims to celebrate local businesses that are committed to “excellent as the best in their field”. Hancocks, which beat…
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21 October
Retailers stuck with ‘unsellable stock’ after granting high volume of returns
Retailers are ‘struggling to cope’ with the volume of refund requests they feel obliged to grant, despite items being unfit for resale. That’s according to new research from Barclaycard which claims retailers are stuck between accommodating shoppers’ demand and balancing their bottom line, with almost six in 10 (57%) giving…
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17 October
Foreign spend on British high streets soars post-Brexit
UK retailers are enjoying a post-Brexit boom in spending from international consumers, according to the latest figures from Worldpay. In the 10 weeks following the referendum, growth in foreign card spend has increased by 5.8% compared to previous 10 week period. Whilst 6% of this growth increase was witnessed by traditional bricks and mortar retailers,…
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7 October
Beaverbrooks to support Payroll Giving campaign
Beaverbrooks the Jewellers has announced its support for the launch of a new phase of the Geared for Giving campaign. The campaign, which is calling for every employer in the UK with over 250 employees to offer Payroll Giving to their staff, aims to double the amount raised for charities…
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