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High Street
Pets at Home sees ‘strong’ festive sales
Pets at Home had its โbiggest trading dayโ the Saturday before Christmas, as the retailer reported an increase in sales…
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Economy
Retail job losses to increase by 27,000, analysis suggests
Online retailers are having a โprofound effectโ on the commercial property market as the value in retail property is set…
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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…
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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…
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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…
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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…
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Supermarkets
Booths posts festive sales boost and profit increase
High end supermarket group Booths has reported a โstrongโ growth in sales over the Christmas period as well as an…
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Clothing & Shoes
New Look reveals plan to slash debt to ยฃ350m
High street retailer New Look has announced it has reached an โin principleโ debt-for-equity swap proposal with key stakeholders to…
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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…
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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…
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