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News
Today’s news in brief-2/9/24
John Lewis Partnership (JLP) has refuted recent claims of additional job cuts and management restructuring. Earlier, reports suggested management team…
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Department Stores
John Lewis denies reports of further job cuts
John Lewis has denied that it is considering more job cuts and restructuring its management team, following reports over the…
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Supermarkets
Sainsbury’s acquires 10 Homebase stores
Sainsbury’s has announced that it has acquired 10 stores from HHGL Limited, trading as Homebase, for conversion into Sainsbury’s supermarkets.…
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News
Today’s news in brief-29/8/24
Retail footfall in the UK experienced a slight increase of 0.9% from July to August, with shopping centres and retail…
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High Street
Retail footfall shows resilience despite riots
Footfall in the UK rose marginally by 0.9% from July to August in all UK retail destinations according to data…
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News
Today’s news in brief-28/8/24
Authentic Brands Group has partnered with United Legwear and Apparel Co (ULAC) to manage Ted Baker’s e-commerce operations in the…
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Luxury Goods
Naked Wines appoints new CFO as losses widen
Naked Wines has appointed Dominic Neary as its new CFO after it posted a loss before tax of £16.3m for…
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News
Today’s news in brief-27/8/24
UK shop prices have fallen for the first time since October 2021, with the BRC-NielsenIQ index reporting deflation of 0.3%…
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Department Stores
Frasers seeks £585m share buyback approval
Frasers Group is seeking approval for owner Mike Ashley to cash in on £585m of shares which could be bought…
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News
Today’s news in brief-15/8/24
The UK economy showed resilience with a 0.6% growth in the second quarter of 2024, despite a stagnant June where…
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