-
High Street
Pets at Home sees ‘strong’ festive sales
Pets at Home had its “biggest trading day” the Saturday before Christmas, as the retailer reported an increase in sales…
Read More » -
Economy
Retail job losses to increase by 27,000, analysis suggests
Online retailers are having a “profound effect” on the commercial property market as the value in retail property is set…
Read More » -
Clothing & Shoes
Moodys lowers Debenhams and New Look ratings
Financial services firm Moodys has changed the outlook for both New Look and Debenhams from stable to negative amid both…
Read More » -
Economy
Smartphone shopping to reach record usage in 2019
In 2019, and for the first time ever, consumers will be as likely to shop on their smartphones as they…
Read More » -
Clothing & Shoes
Jack Wills drafts in advisers
Fashion retailer Jack Wills has reportedly appointed accountancy firm EY to scrutinise and advise on its financial position. According to…
Read More » -
High Street
M&S store closures to affect 1,045 jobs
Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores…
Read More » -
Supermarkets
Booths posts festive sales boost and profit increase
High end supermarket group Booths has reported a “strong” growth in sales over the Christmas period as well as an…
Read More » -
Clothing & Shoes
New Look reveals plan to slash debt to £350m
High street retailer New Look has announced it has reached an ‘in principle’ debt-for-equity swap proposal with key stakeholders to…
Read More » -
Clothing & Shoes
Quiz issues profit warning
Fashion brand Quiz has issued a profit warning despite an 8.4% increase in group revenue in the six-week period from…
Read More » -
Economy
Worst Christmas for retail in a decade, says the BRC
The retail sector has seen its worst Christmas performance in 10 years, despite a number of businesses reporting positive trading…
Read More »