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Sep- 2018 -4 SeptemberEconomy
Footfall ‘better than expected’ in August
Footfall fell by 4.1% in August compared with the same month last year, according to the Ipsos retail footfall tracker.…
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Aug- 2018 -31 AugustDIY
Homebase ‘very likely’ to enter administration if CVA isn’t passed
The future of Homebase is to be decided today as creditors vote on a CVA which would see the closure…
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30 AugustShopping Centres
Unibail-Rodamco-Westfield posts 14.5% profit rise after Westfield acquisition
Unibail-Rodamco-Westfield has reported a 14.5% jump in H1 profits boosted by its recently acquired Westfield shopping centres. Europe’s largest property…
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28 AugustOnline & Digital
Amazon recruits ‘ambassador’ Twitter accounts for ‘educating’ people on working conditions
Amazon has recruited approximately 15 ‘ambassador’ Twitter accounts for “educating” people on working conditions in the online retailer’s fulfillment centres.…
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23 AugustClothing & Shoes
Urban Outfitters records record sales results as shares rocket
Urban Outfitters has announced record overall sales of £769.5m, seeing a 13.7% increase across the three months to July 31.…
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21 AugustEconomy
Online retail spending stutters after England World Cup exit
UK online retail sales slipped to their lowest year-on-year (YoY) growth in 2018 so in July, as consumer spending “slumped”…
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17 AugustSupermarkets
Asda reports fifth consecutive quarter of sales growth
Asda has reported its fifth consecutive quarter of sales growth after it posted a 0.4% increase in like-for-like sales. The…
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10 AugustHigh Street
Arcadia terminates contract with Chinese partner Shangpin
Philip Green, owner of the Arcadia retail empire, has scrapped an expansion deal with Chinese franchise partner, Shangpin, that would…
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8 AugustDIY
80 Homebase stores to shutter affecting 1,000 jobs
Homebase will announce the closure of 80 stores next week resulting in the loss of 1,000 jobs. The DIY chain…
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6 AugustDepartment Stores
House of Fraser able to proceed with store closures after legal row ends
House of Fraser has settled its legal row with landlords meaning it can proceed with plans to close 31 of…
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