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High Street
Poundland owner Steinhoff plea for £176m life raft
The owner of Poundland, Steinhoff, has begun contacting potential lenders in search of €200m (£176m) in “interim liquidity support” to…
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Government
Retailers warned the Darwin £10 note is almost extinct
The Bank of England has warned that it will withdraw legal tender status of the paper £10 note featuring Charles…
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Advice
Why a business plan isn’t enough – 7 steps to a successful ecommerce strategy
For retailers with an online presence looking to grow year-on-year, an ambition to scale or even an overall business plan…
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Clothing & Shoes
Hugo Boss reports a strong final quarter for 2017
Hugo Boss has “achieved its goals for 2017” following strong sales in its final quarter, it has reported in its…
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Advice
Hackers and POS systems – how to stay safe
Targeting Point of Sale (POS) devices has become one of the more preferred approaches for attackers over the years as…
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Sport & Leisure
JD Sports raises profit forecast after strong Christmas
Sportswear and outdoor retailer, JD Sports, has raised its annual profit forecast after continuing a strong performance through the second…
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Department Stores
BHS.com continues online revival with sales increase
BHS.com, the online-only reincarnation of collapsed department store chain BHS, has seen a 43% increase in sales for the final…
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Economy
Kering offloads 70% stake in Puma
Luxury goods group Kering has announced plans to sell a 70% stake in sportswear brand Puma amongst its shareholders. Post…
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Economy
B&M reports sales increase of 22%
Discount retailer B&M has reported an increase in total sales of 22.7% on a constant currency basis, which were boosted…
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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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