Year: 2019

Clarks calls in advisors to review business

Shoe retailer Clarks has called in management consulting firm McKinsey & Co to review its business. A spokesperson told Retail…

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Louis Vuitton buys Tiffany for $16bn

Louis Vuitton (LVMH) has announced a “definitive” agreement with Tiffany and Co., whereby it will acquire the luxury jewellers for…

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Intu sells Sprucefield Retail Park in £40m deal to NewRiver

Shopping centre owner Intu has announced the sale of its Sprucefield Retail Park to real estate investment trust NewRiver in…

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M&S appoints CEO of Tesco’s F&F clothing as new managing director

Marks and Spencer has appointed current CEO of F&F Clothing, Tesco, Richard Price as managing director of clothing and home.…

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Hays Travel creates 1,500 new jobs following Thomas Cook acquisition

Independent travel agent, Hays Travel, has announced a further 1,500 new jobs and apprenticeships following its acquisition of Thomas Cook…

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Skopes receives £6m investment to fund 15-store expansion drive

Leeds-based menswear retailer, Skopes, is set to “significantly expand” its national high street presence with 15 new stores, after securing…

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The Hut Group secures £510m debt facility to boost beauty investment

The Hut Group has secured a £510m of debt issuance with a seven-year maturity to help boost its digital and…

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Landsec appoints new CEO

Land Securities Group (Landsec) has appointed Mark Allan as new CEO, the retail property group announced today.  His role will…

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Marie Kondo launches controversial online store

Tidying guru Marie Kondo launched a new online store this week, with the move sparking mass confusion online due to…

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Why electric car charging is a problem retailers must solve in 2020

“Will there be parking?” was the problem which out-of-town shopping solved for customers in the 1990s and 2000s.  “Will there…

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