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Consumer & Retail

Fashion fall-out

Quiz suffers Christmas hangover as online sales slump

Quiz Clothing
Sales have been falling at fashion chain Fashion chain Quiz Clothing suffered a festive fall-out with a 9.3% drop in revenue in the seven-week Christmas trading period. Figures for theRead More

Change at stores group

Nickolds to step down from helm as John Lewis sales slump

John Lewis
Change at top of John Lewis Paula Nickolds is leaving her role as managing director of John Lewis partnership, severing a 25 year career with the department store chain. SourcesRead More

Falling sales

High street shops suffer ‘worst year on record’

Empty-shop-Glasgow-Buchanan-Street
Empty units scar Britain’s high streets (pic: Terry Murden) British retailers suffered their worst year on record as shoppers eased back on spending and more shops went bust. The BritishRead More

Dealer in administration

139 jobs at risk as Leven Cars Group ceases trading

Leven Cars
Closed: the car showroom in Edinburgh Leven Cars Group, one of the few selling luxury marques, is looking for a buyer after being placed into administration. The six-year-old company hasRead More

Firm facing ransom

Hackers threaten to release Travelex customer data

Customers are told the company is conducting ‘planned maintenance’ Hackers who have disabled the foreign currency trader Travelex are threatening to release customer data unless the company pays a six-figureRead More

Bank hit by outage

Clydesdale customers latest to suffer from IT failure

Clydesdale note 2
Customers denied access to their money Clydesdale Bank customers complained that wages and other payments failed to arrive in their accounts on Friday after it was struck by an ITRead More

High street lift

Next enjoys Christmas trading lift as shop prices fall

Next Straiton
Next enjoyed a rise in sales Fashion and home furnishings chain Next has reported better than expected Christmas trading with full price sales in the period 1.1% (£9m) better thanRead More

Jobs promised

Aldi and Lidl pledge more stores despite local concerns

Aldi
Expansion: both chains plan new stores Budget supermarket chains Aldi and Lidl will continue to expand their operations in Scotland despite facing resistance from councils over the adverse impact ofRead More

Transactions increase

More fraudsters tempted to cash in on Christmas

RBS fingerprint card
Card use is rising (pic: Terry Murden) Royal Bank of Scotland said it has processed a record number of transactions in the run up to Christmas – and a recordRead More

Boost for SMEs in south

Businesses in England to benefit from Johnson’s rates cut

empty shops in Glasgow
Shops in Scotland will be awaiting a response from Holyrood (pic: Terry Murden) Boris Johnson will offer a lifeline to struggling high street shops by cutting business rates by halfRead More