All News articles
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Footfall has peaked at just the right time for retailers in the run-up to Christmas
Christmas might not have come early for retail but it is at least coming, with footfall predicted to soar over the last weekend before the big day.
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Boohoo shareholders deliver slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.
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N Brown has received the green light to be taken private by Alliance family member
Fashion retailer N Brown has received approval today for the business to be acquired and taken private by one of its non-executive directors and shareholders.
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Holland & Barrett will open two new stores in a ‘prime location’ next month
Health and wellness retailer Holland & Barrett is kicking off the new year with two new store openings on Oxford Street.
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Network Rail retail sales have jumped ahead of Christmas rush
Network Rail Property saw a double-digit uplift in retail sales across its 19 managed stations over the summer ahead of the Christmas peak.
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Nike is vowing to ‘return sport to the centre of everything we do’ as sales fall
Nike’s new boss has pledged to act fast to restore the trainer brand and retail giant’s fortunes as he reported a quarterly sales fall.
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Retail sales volumes edged up in November, ONS reports
Retail sales volumes edged up last month, official data showed.
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Bestway turns to CVA for some stores as it reaches impasse with landlords
Bestway Group has reportedly turned to a company voluntary arrangement (CVA) for some of its off-licences, after reaching an impasse with landlords over leases.
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Debenhams promotes from within as it names new creative director
Fashion retailer Debenhams, which is owned by Boohoo Group, has promoted from within to name a new creative director at the business.
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The Body Shop is ‘back in profit baby!’ new boss reveals
Ethical cosmetics specialist The Body Shop is back in the black – albeit over a short period.
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‘Proud moment’ for John Lewis as it wins royal warrant
Department store business John Lewis has been awarded a royal warrant by the king.
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Burberry has poached a Moncler exec for a board position
Luxury fashion brand Burberry has poached an exec from fellow premium retailer Moncler, for a board role as a non-executive director.
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UK inflation climbs to highest levels seen since the start of the year
Inflation across the UK hit its highest level seen since March, as surging petrol and clothing prices drove up costs in November.
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H&M has taken a minority stake in a Swedish retail technology platform
Fashion retailer H&M has become a minority stakeholder in Swedish retail technology platform Voyado as the company aims to build on its long-term strategy to enhance its capabilities
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Marks & Spencer is expecting ‘busiest Christmas’ at flagship online distribution centre
Marks & Spencer anticipates that this Christmas will be the busiest ever at its biggest distribution centre.
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Amazon is to settle a dispute with delivery drivers which could cost millions of pounds
Amazon is to settle a claim from a group of delivery drivers which accuses the ecommerce giant of preventing them from earning thousands of pounds.
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Kingfisher has sold its Brico Dépôt Romania business
Kingfisher has agreed to sell its Brico Dépôt Romania business, after what it described as a “competitive process” to find a bidder.
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Shoe Zone will close stores and slash jobs after profit warning
Struggling footwear retailer Shoe Zone has issued a profit warning and said it plans to close “a number of stores” due to increased costs related to the Budget.
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Landsec snaps up majority stake in shopping centre for £490m
Landsec has snapped up a majority stake in shopping centre Liverpool One in a deal worth £490m.
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Retail sheds 225,000 jobs in five years with Budget heaping on further pain
The sector shed over 225,000 jobs over the last half a decade, with the Budget set to heap further pain on retailers, warns the British Retail Consortium (BRC).