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High Street
McColls profits halve due to ‘supply chain disruption’
Convenience retailer McColls profits before tax dropped from £18.4m to £7.9m in the 52 weeks to 25 November 2018, impacted…
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Economy
Retail sales bounce back in January
UK retail sales saw a year-on-year increase of 4.8% in January, the highest jump since December 2016. Figures from the…
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Online & Digital
Amazon ‘to launch checkout-free shops’ in London
Online retail giant Amazon has reportedly secured property to open checkout-free stores in London, making it the first openings of…
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Supermarkets
New equal pay claim lodged against Morrisons
Morrisons could be facing a £100m bill as a law firm has said “thousands of its employees” have brought legal…
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Department Stores
Liberty London ‘could be sold for £300m’
The owner of Liberty London has reportedly brought the luxury department store to market for a potential £300m price tag.…
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Economy
More retailers allowing international payments as Brexit looms
Analysis of the UK’s top 250 retailers has found a 19% year-on-year increase in the number of brands offering the…
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Economy
61% of Brits worried high street will disappear in 10 years
Consumers are worried the high street is going to be lost completely due to the current store closures in the…
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Clothing & Shoes
Click-and-collect market to grow to £9.8bn by 2023
The UK click-and-collect market is set to rise 45.8% over the next five years to reach £9.8bn by 2023, according…
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High Street
Brighthouse to close 30 stores
Rent-to-own retailer BrightHouse has announced it is to close 30 stores putting up to 350 jobs at risk. The news…
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Department Stores
Warehouse supplying HoF to shut affecting 280 jobs
A warehouse which supplies deliveries to House of Fraser is set to close later this year, affecting some 280 job…
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