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Department Stores
House of Fraser to close two more stores
House of Fraser is set to close two more of its stores as parent company Frasers Group continues to prioritise…
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Government
Bottle recycling scheme to cost at least £1.8bn a year, warns BRC
The British Retail Consortium (BRC) has warned that government plans to introduce a bottle recycling scheme could cost the industry…
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Department Stores
M&S tech boss to leave despite recent promotion
M&S chief digital and technology officer Jeremy Pee is set to leave the company despite the fact his role was…
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Clothing & Shoes
H&M to phase out Myanmar suppliers after labour abuses probe
H&M has announced that it is planning to “gradually phase out” its operations in Myanmar following a report from the…
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Department Stores
Costco to open 14 new stores
Bargain retailer Costco is reportedly set to open 14 new stores across the UK, according to The Sun. The outlet…
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Clothing & Shoes
H&M probes Myanmar factory labour abuses
H&M has reportedly launched an investigation into 20 alleged instances of labour abuse at Myanmar garment factories, according to Reuters.…
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High Street
M&S expects FY profit growth as it ups market share
M&S has stated that it expects to see profit growth for the full year after seeing continued market share growth…
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News
John Lewis chief outlines buy now pay later ambition
John Lewis chief executive Nish Kankiwala has revealed that the retailer is looking into developing a buy now pay later…
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High Street
Oxford Street crime wave driven by decline, says M&S chief
Sacha Berendji, operations director at M&S, has told the Telegraph that the recent surge in crime rates on London’s Oxford…
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Luxury Goods
Watches of Switzerland sees revenues drop to £382m
Watches of Switzerland has announced that its revenues dropped 1% to £382m, down from £391m in Q1 2023, for the…
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