-
Economy
UK airport retailers expected to take over ยฃ56m during โbusiest time of the yearโ
New research has found that UK travellers will spend over ยฃ56m at UK airports during this period, considered the โbusiest…
Read More » -
Department Stores
John Lewis bucks retail woes with festive sales increase
John Lewis has bucked retail troubles reporting a total sales increase of 1.8% for the week to 15 December. The…
Read More » -
Economy
HMVโs Hong Kong operations enter liquidation following 41% revenue fall
HMV is to wind up its Hong Kong stores after entering liquidation today (18 December), the company blamed a 41%…
Read More » -
Clothing & Shoes
Laura Ashley to close 40 UK stores as it expands to China
Homeware and clothing retailer, Laura Ashley has announced it is to close 40 UK stores as it expands its Chinese…
Read More » -
Department Stores
Mike Ashley asks Debenhams to โreconsiderโ ยฃ40m offer in โfrustratedโ email
Mike Ashley has asked Debenhams to โreconsiderโ his ยฃ40m investment offer which he described as โa very public statement of…
Read More » -
Clothing & Shoes
Russell and Bromley sees 55% profit plunge
Footwear retailer Russell and Bromley has announced a 55% fall in profits in the year to 31 December 2017. The…
Read More » -
M&A
Walmart to acquire online home decor retailer Art.com
US retail group Walmart has announced it is to acquire online home decor retailer, Art.com for an undisclosed sum. The…
Read More » -
Government
Major retailersโ e-receipts โmay break data protection rulesโ
New research has found that major retailers โmay break data protection rulesโ for sending promotional marketing to shoppers who had…
Read More » -
High Street
Welsh high street retailers to get ยฃ2,500 each in business rate cuts
The Welsh government has announced it is to give retailers ยฃ2,500 each in business rate cuts. Finance secretary, Mark Drakeford…
Read More »