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Alternative Oxford Street ‘transformation’ announced

Westminster City Council has announced plans to “transform” – though not necessarily fully pedestrianise – Oxford Street after scrapping the…

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Poundland founder prepares Poundworld bid after Chris Edwards pulls out

The founder of Poundland, Steve Smith, is preparing a bid for embattled rival Poundworld after Chris Edwards, the latter’s founder,…

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Costcutter rejects Co-op’s £15m takeover bid

The parent company of Costcutter, Bibby Line, has rejected a £15m bid from the Co-op which would have resulted in…

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Mothercare adds 10 store closures to CVA after Childrens World administration

Mothercare has earmarked another 10 stores for closure as part of its CVA bringing the total to 60 stores, after…

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Poundworld founder urges ‘moral argument’ after administrators reject rescue bid

A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…

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Retailers win court battle against Mastercard and Visa

The Court of Appeals has ruled in favour of four UK retailers who claimed that card fees charged by Mastercard…

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Sainsbury’s Q1 sales growth stutters as groundwork laid for merger

Sainsbury’s has seen a slump in its total sales growth down to 0.8% from 1.3% in the last quarter of…

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Topps Tiles to continue ‘tight cost control’ after Q3 sales dip

Topps Tiles has posted a further decrease in sales for the 13 weeks ending 1 July 2018, and said it…

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Scribbler to stock interracial and LGBTQ greeting cards in UK first

Greetings card retailer Scribbler has become the first UK high street retailer to stock greeting cards featuring interracial and LGBTQ…

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EXCLUSIVE: Mattressman accounts ‘disaster’

Mattressman has revealed that it entered a Company Voluntary Agreement (CVA) due to “inaccurate management accounts”, which led the company…

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