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Investment firm acquires stake in WHSmith following high street sale
An activist investment firm has started to build a stake in WHSmith after it sold off its high street arm to Modella Capital.
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Inditex looking to bring Lefties brand to UK
Fashion giant Inditex is eyeing new store locations for the expansion of its Lefties brand in the UK, according to reports.
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John Lewis’ great-grandson leaves Oak Furnitureland
Patrick Lewis, great-grandson of the founder of department store chain John Lewis, has left Oak Furnitureland after one year as its finance boss.
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Debenhams plots more beauty showroom openings
Debenhams is plotting the opening of more beauty showrooms, Retail Week can reveal.
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Asda unveils over £1m investment in expanding electric vehicle delivery fleet
Supermarket giant Asda is more than doubling its electric vehicle home shopping fleet with more than £1m in investment.
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Dobbies bolsters executive team with two new director hires
Home and gardening retailer Dobbies has bolstered its executive team by making two new director appointments.
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eBay executive joins board of UK online social lender
An eBay executive has taken on a role as non-executive board director of social lender, Fair for You.
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UK retail footfall takes ‘disappointing turn’ during the start of summer
Retail footfall in the UK has taken a “disappointing turn” during the beginning of summer despite a more promising start to the year.
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Online spending slows for first time since October 2023
In a worrying sign for retailers, softness in consumer demand appears to be starting to affect online purchases. purchases
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Thousands of former Wilko staff to receive £2m payout following legal case
Almost 10,000 former Wilko workers will receive a share of £2m following a legal case.
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Poundland sale confirmed with £80m financing package
Poundland has been sold by owner Pepco in a deal that will see the retailer secure an £80m cash injection to fund its turnaround.
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Revolution Beauty evaluating proposals from “number of parties” in sales process
Revolution is currently evaluating offers for its sale, with proposals for the value cosmetics group coming from a “number of parties”.
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Reserved-owner LPP sees profits jump
Poland’s biggest fashion retailer, LPP has posted a strong uplift in profits for its first quarter.
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Tesco sales and market share climb in first quarter
Grocery leader Tesco has posted strong like-for-like sales growth and market share gains in its first quarter results.
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Retail groups give cautious welcome to increased police funding in spending review
Retailers, who have suffered soaring rates of crime, were pleased by an increase in police funding unveiled by chancellor Rachel Reeves but cautioned that the devil will be in the details.
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Primark confirms opening of first standalone home store in England
Value fashion giant Primark has confirmed plans to open its debut standalone home store in Great Britain this summer.
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Currys enhances cash-for-trash scheme with bigger reward
Currys is boosting its cash-for-trash scheme so customers can receive a better reward when recycling unwanted tech.
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Crew Clothing steps into new product category
Fashion retailer Crew Clothing has unveiled a new collection as it expands into a new product category.
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Zara owner Inditex sales rise again as collections prove hit with shoppers
Zara owner Inditex has hailed its “solid operational performance” as sales and profits during the first quarter rose amid its ongoing expansion.
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Retail has lost 360,000 jobs in the last decade
The retail industry has lost more than 360,000 jobs over the last 10 years, according to new data from the Office for National Statistics, sparking fresh concerns over the sector’s long-term staffing prospects.