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Clothing & Shoes
JD Sports enters Eastern Europe with MIG acquisition
JD Sports has expanded into Eastern Europe, with plans to acquire 60% of Polish fashion business, the Marketing Investment Group…
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Department Stores
John Lewis swings to £517m loss, warns of further closures
The John Lewis Partnership has swung to a pre-tax loss of £517m in the full-year ended 31 January 2021, down…
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Sport & Leisure
Evans Cycles to axe 300 roles
The Mike Ashley-owned Evans Cycles is reportedly set to axe more than 300 roles across the business as Frasers Group…
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Online & Digital
M&S launches online business in 46 overseas markets
M&S has announced that its online international operations will expand to over 100 markets as it launches in 46 new…
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High Street
Card Factory seeks fresh funding to aid survival
Card Factory has reportedly drafted in restructuring experts to help secure news funds to support the group through the pandemic.…
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Supermarkets
Co-op to hold ‘crunch talks’ over relief repayment
The Co-operative Group will reportedly hold a “crunch” board meeting next week to discuss whether it will repay £80m in…
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Comment
Integrating Arcadia’s brands into ASOS and Boohoo: Three key steps
Retail is rife with change thanks to the impact of Covid19 on the sector. Unfortunately, in recent months we’ve seen…
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High Street
February footfall rises across all destinations despite lockdown
Footfall across UK retail destinations rose by 16% in February against the previous month, despite the continuation of lockdown and…
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Supermarkets
Aldi to invest £22m in London expansion
Aldi has announced it is set to invest more than £22m in new and upgraded stores across London and within…
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Supermarkets
Grocery sales soar 15% in February
Grocery sales rose by 15.1% in February, the fastest rate of growth since June 2020, as UK consumers continued to…
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