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High Street
B&M profits plunge by 70% due to ‘disappointing’ German partner
Discount retailer, B&M has reported a 70% drop in profits from £59.5m to £32.3m during the first half of the…
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Clothing & Shoes
New Look losses narrow despite ‘ongoing uncertainty’ hitting sales
New Look has reported that its losses narrowed to £11.2m during its half year results despite “ongoing uncertainty” impacting sales.…
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High Street
Clintons could close up to 66 stores
Greeting cards retailer, Clintons, has revealed plans to shut one in five of its UK stores, and is looking to…
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High Street
Mamas and Papas to close six stores as it enters administration
Mamas and Papas has announced job cuts and store closures after it entered administration and sold to Bluegem Capital in…
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People Moves
Art Peck steps down as Gap CEO
Gap has announced its chief executive officer Art Peck is to step down from the business effective immediately. Peck, who…
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Clothing & Shoes
Weird Fish becomes first UK retailer to launch grass paper bags
Clothing retailer, Weird Fish, has become the first UK retailer to introduce eco-friendly grass paper bags throughout its stores. The…
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People Moves
Former BHS owner banned from being a director for 10 years
Former BHS director Dominic Chappell has been disqualified from running a company for 10 years. Ex-racing driver Chappell purchased BHS…
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News
Shop Direct appoints ex-Clarks president as new CFO
Shop Direct has appointed former European president of Clarks Shoes, Ben Fletcher, as its new group chief financial officer. He…
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Economy
Mothercare to appoint administrators, placing 2,500 jobs at risk
Mothercare has announced that it will appoint administrators, less than 18 months since it launched a CVA. The children’s company,…
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High Street
Phillip Day loses £5.7m equity following Bonmarche collapse
Phillip Day has lost his £5.7m equity investment in Bonmarche, following its collapse into administration last month. Spectre Holdings Ltd,…
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