Stories from around the web and the nationals today:
British Retail has not been included in a government strategic relations initiative designed to give businesses better access to Whitehall and cut through bureaucracy.
The Times newspaper reports the British Retail Consortium said it didn’t know why the sector had not been included, with retail accounting for employing 2.9m Britons and generating £292bn to the economy. UK Trade & Investment said the scheme was initially a pilot, restricted to 50 companies. More would be added.
Alexander McQueen has opened its first store in Beijing, covering 400 sq m over two floors. The brand, already sold in multi-brand stores, has partnered with Hong Kong department store Joyce, which already owns franchises in China, for the venture. The brand, owned by French luxury goods giant PPR, has 13 other directly operated stores, including flagship stores in New York, London, Milan, Los Angeles, Las Vegas, as well as through four selected franchise stores and department and specialty stores worldwide.
Matalan will launch a customer prizegiveaway on Monday November 7, as it looks to foster loyalty in the run up to Christmas. It’s giving away holidays, cinema tickets, meals out and magazine subscriptions worth £12,000 and £500 spending instore as part of its Matalan Reward Card scheme. Customers will be entered into the prize draw when they use their reward cards online or in-store. The winner will also contribute to Matalan’s online blog.
The TaxPayer’s Alliance has launched an app that calculates the cost of items before VAT and duties. The “tax buster”is part of a tax transparency scheme to bring greater clarity on retail pricing. The TaxPayers’ Alliance is pushing for greater tax transparency to match the government’s spending transparency.