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Department Stores
Sports Direct rules out Debenhams takeover
Sports Direct has quashed speculation that it could increase its 30% stake in embattled department store Debenhams with a buyout…
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HR
Morrisons faces £1bn equal pay case for female staff
Morrisons could be made to pay over £1bn in compensation to women store employees who believe they have been paid…
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Economy
More than 75% of retail payments now made by card
Retail purchases made by card accounted for 76% of all retail sales made in 2017, according to the latest annual…
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Department Stores
Debenhams releases statement amid closure rumours to calm investors
Debenhams has released an official statement in response to rumours it was preparing to shutter stores and enter a CVA…
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Department Stores
CVA and closure rumours loom as Debenhams appoints KPMG
Debenhams has reportedly appointed audit advisors KPMG to explore restructuring plans, prompting rumours of stores closures and a CVA. The…
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Economy
August high street sales one of ‘worst on record’ as shoppers steer clear
August high street sales have been described as “one of the worst on record” by accountancy and business advisory firm…
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High Street
Wilko appoints Neil Feakins as customer insight and data director
Homeware retailer Wilko has appointed Neil Feakins as as its new customer insight and data director. Feakins has expertise in…
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Economy
Retailers get more sales with early Black Friday campaigns
Consumers who receive promotional messages in September are three times more likely to make purchases during Black Friday and Cyber…
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Clothing & Shoes
Quiz to take £400,000 hit from House of Fraser collapse
House of Fraser is expected to receive a £400,000 cash injection from fashion retailer Quiz. Ahead of its AGM the…
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HR
85% of interviewers admit asking candidates ‘off limits’ questions
Some 85% of interviewers have admitted to asking questions which can be seen to be “off limits” or potentially illegal…
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