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Department Stores
John Lewis issues profit warning despite ‘most successful trading day ever’
The John Lewis Partnership has reported an increase in sales for the six-week period ending December 30, but a competitive…
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Government
Mayor greenlights £1.4bn Croydon regeneration scheme
The Mayor of London Sadiq Khan has approved a major development as part of long-term plans to regenerate Croydon town…
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Clothing & Shoes
Moss Bros profit warning amid Christmas footfall drop
A disappointing performance during the Christmas period with drops in sales and footfall has forced Moss Bros to cut its…
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Supermarkets
Tesco’s £1bn Christmas sales lift amid supermarket boom
Tesco recorded a 3.1% rise in sales in the three months ending December 31, according to the latest Kantar Worldpanel…
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Economy
Retail administrations increase in five-year-first
The number of retailers entering administration increased from 92 in 2016 to 118 in 2017, an increase of 28 percent,…
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Government
Retailers vow to control acid-attack ingredient sales
Some of the country’s largest retailers and independent business leaders have pledged not to sell the most harmful corrosive substances…
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Uncategorized
Lidl Unveil plans for its largest UK warehouse
Lidl has announced plans to build its largest warehouse yet, creating up to 1,000 new jobs. The supermarket has exchanged…
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Economy
Christmas discounts push shop price deflation to 9-month high
Shop prices in December fell at their fastest rate for nine months, having previously been “teetering on the edge of…
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Uncategorized
Walgreens Boots Alliance quarterly profit drops 22%
Walgreens Boots Alliance has posted a 22% drop in quarterly profit in the wake of the sale of some of…
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Uncategorized
Poundstretcher fined £1m for Health & Safety Breaches
Poundstretcher has been fined £1m for violating health and safety regulations at three of its stores. Following three separate investigations,…
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