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High Street
Matalan lenders close in on takeover deal
A group of investors who have lent hundreds of millions to Matalan are closing in on a deal to take…
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News
Footfall drops almost 30% post-Christmas
Retailers in the UK saw footfall decrease 27.7% last week compared to the week before Christmas, which was just 7%…
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Property
Frasers acquires former Debenhams flagship in Dublin
Frasers group has announced that it has bought a former Debenhams flagship store on Henry Street in Dublin. The 200,000…
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Clothing & Shoes
Under Armour appoints new CEO
Sportswear brand Under Armour has announced the appointment of Stephanie Linnartz as its CEO and president. Linnartz is currently the…
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People Moves
Pets at Home appoints former Asda CEO to its board
Pet retailer Pets at Home has announced the appointment of former Asda CEO Roger Burnley CBE as an independent non-executive…
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Supermarkets
Tesco to consider ending its fresh food counters
Tesco is reportedly considering ending its butcher and fishmonger counters in its stores as consumer interest in them has dropped,…
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Department Stores
Ikea UK profits fall by nearly a fifth despite £2.2bn in sales
Ikea UK has announced that its profits have fallen nearly a fifth to £49.6m, despite posting sales of £2.2bn for…
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Clothing & Shoes
Asos appoints new non-executive director
Online retailer Asos has announced the appointment of Wei Gao as a non-executive director. Gao was previously COO at Hopin…
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Luxury Goods
Watches of Switzerland sees H1 results surge 31% to £765m
Watches of Switzerland has revealed its revenues increased 31% to £765m during the first half of the year ended 30…
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High Street
Pepco to accelerate expansion plans as revenues hit €4.8bn
Poundland owner Pepco has announced that it will accelerate its expansion plans after it posted revenues of €4.8bn (£4bn) for…
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