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High Street
Boots Q4 sales slip amid ‘challenging’ retail market
Health and beauty retailer Boots has reported a 2.1% decrease in sales in its fourth-quarter results, ending 31 August 2019.…
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Economy
Retailers report ‘record high’ stock levels in October
Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest…
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High Street
Forever 21 to shutter all UK stores next year
Fashion retailer Forever 21 has confirmed it will close its three UK stores in London, Liverpool and Birmingham next year.…
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Technology
Robots could take half a million UK retail jobs within the next five years
UK retail is set to lose over half a million jobs to robots, according to the 2019 Harvey Nash/KPMG CIO…
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People Moves
Gant CEO to return to Adidas as executive board member
Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to…
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Clothing & Shoes
Shoe Zone revenues up in FY results despite ‘challenging’ second half
Footwear retailer Shoe Zone has reported revenues of £161.9m for the year to 5 October 2019, up from £160.6m in…
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High Street
Sports Direct appoints RSM UK as new auditor
Sports Direct has announced the appointment of RSM UK Group as its new auditor with immediate effect. It ends a…
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People Moves
Nike CEO and president Mark Parker to step down in 2020
Sports fashion retailer Nike has announced that its CEO and president, Mark Parker, will step down next year. He will…
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Online & Digital
Online retail sales drag in September
Online sales grew by a marginal 0.6% year-on-year in September, according to the latest IMRG Capgemini Online Retail Index. The…
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High Street
Wilko strikes called off after staff accept ‘improved’ work rota
Strike action by GMB members at Wilko have been called off after staff accepted a new deal offered by the…
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