revenue news and archive

Growing number of retailers use secondary revenue to increase profits

London - An increasing number of retailers are diversifying their income streams beyond the non-core product sales to increase the profit margins. Retailers have expanded their offerings outside of their conventional product lines, following the successful adoption of similar practices in the airline industry, according to new research from...

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French Connection and Foot Locker named & shamed for failing to pay minimum wages

The government has stepped up once more and named & shamed 48 additional firms, which include the likes of French Connection and Footlocker, for failing to pay all members of staff the National Minimum wage, which currently stands at 6.50 pounds per hour for 21 year olds and over. The news comes not long after the the government published a list...