Valentine’s Day is a sweet time for retail sales—it’s one of the largest retail holidays following Christmas. Last year consumers spent nearly £1bn on gifts and going out, which is likely to increase again this year.
Tesco
Following in the footsteps of Amazon, UK’s supermarket chain Tesco is reportedly launching its own tablet in the coming months. The new device is said to be available for purchase in the Christmas season, The Sunday Times claims. It is said to be “high-quality,” and probably will be similar to Amazon’s Kindle Fire that costs £130. The price of Tesco’s tablet is not announced yet.
Interbrand, the world’s leading brand consultancy has released its 2nd annual global report dedicated to the retail sector. The Best Retail Brands report ranks the top 50 U.S. retail brands by brand value, as well as the top retail brands from the U.K., France, Germany, Spain, and the Asia Pacific region.