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High Street
Wilko reopens store in Rotherham
Wilko officially returned to Rotherham on 29 March with a new store at Parkgate Shopping Centre. Deputy mayor of Rotherham,…
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Clothing & Shoes
Superdry CEO abandons takeover as Hilco extends funding facility
Superdry CEO Julian Dunkerton’s plan to takeover the group has fallen through, as the fashion retailer has announced a funding…
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Clothing & Shoes
Asos maintains profit guidance despite HY sales falling 18%
Asos has reported that sales fell by 18% during the half-year period to 3 March, which the online retailer…
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Shopping Centres
Cribbs Mall to welcome Sweaty Betty store
Cribbs Mall has announced that Sweaty Betty will be opening a new 1,714 sq ft store at the West Country…
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Supermarkets
Ocado faces shareholder revolt over £15m CEO bonus
Ocado reportedly could see a shareholder revolt over executive pay after a proxy advisor recommended investors vote against the retailer’s…
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Economy
Retail sales flatline in rainiest February on record
UK retail sales experienced no growth (0.0%) in February, down from 3.6% in the month prior, as wet weather discouraged…
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Online & Digital
Alibaba records rise in SME buyers at March Expo 2024
Alibaba.com has recorded a positive rise in the number of active B2B buyers from the UK at this year’s March…
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Online & Digital
Temu revenues double to £27bn in FY23
Temu owner PDD Holdings has reported total revenues at the discount e-retail group hit ¥247bn (£27bn) in the full year…
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Supermarkets
One Stop announces home delivery partnership with Snappy Shopper
Retail convenience chain, One Stop, has selected Snappy Shopper as one of its home delivery partners, following a trial period…
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Comment
How can the physical retail sector win its battle to survive?
It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17%…
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