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Comment
What does the Black Friday of the future have ‘in store’ for us?
Black Friday, a term which originated in the US and refers to the first shopping day after Thanksgiving, has become…
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High Street
Gap between retail closures and openings continue to widen, says PwC
A combination of growth in online shopping, shift to in-home leisure, heightened restructuring activity and ongoing digitisation of services has…
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Clothing & Shoes
Burberry sees profits jump 36%
Burberry has reported a 36% rise in profits for the 26 week period ending 29 September 2018, despite seeing a…
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Comment
Digital-first retailers cannot overlook payments
Despite the retail industry being worth £366bn to the UK in 2017, the traditional high street has struggled this year.…
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People Moves
John Lewis Partnership chairman to step down in 2020
The John Lewis Partnership has announced its chairman Sir Charlie Mayfield is to step down from his role in 2020.…
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High Street
Pandora reduces FY expectations amid ‘unsatisfactory Q3’
Pandora has reduced its full-year expectations after experiencing an “unsatisfactory” third quarter in 2018. In Q3 group revenue decreased 3%…
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Department Stores
Debenhams ratings downgraded by Moody’s
Debenhams has had its ratings downgraded for a second time in two months by ratings agency Moody’s. Moody’s Investors Service…
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DIY
B&Q abandons Black Friday promotion
B&Q has announced it is “abandoning” Black Friday in favour of providing its customers with “year-round” low prices across the…
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DIY
Carpetright announces HY trading to be ‘heavily impacted’ by restructuring
Carpetright has said trading in its half-year update for the 26-week period ending 27 October was “heavily impacted” by the…
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Advice
How internal collaboration can unlock the best ecommerce experience
With online shoppers in the UK making 80% of retail purchases online, ecommerce managers can’t afford to adopt a ‘let’s…
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