Year: 2019

Retail administrations rise for second consecutive year

The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…

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Gear4Music issues warning despite 41% sales growth

Gear4Music has issued a warning on profit for 2019 saying it would be “slightly below” last year’s results. The warning…

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Gaming market now bigger than video and music combined

The video games market now accounts for more than half of the entire UK entertainment market (51.3%), the Entertainment Retailer…

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Carnage on the shop floor

The pressure on the retail sector has been a consistent staple for investors since the end of the financial crisis,…

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McColl’s appoints Robbie Bell as CFO

Convenience retailer McColl’s has appointed Robbie Bell to its board as chief financial officer. Bell is moving on from his…

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Shop prices rise in December despite discounting

Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…

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Why the profit warning from ASOS has added to the retail gloom

Retailers are hoping for a busy New Year period following a very tough year of trading. Much of the current…

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Moss Bros appoints former Missguided boss

Gareth Jones, former online chief executive of Missguided, has joined menswear retailer Moss Bros as a non-executive director. Jones left…

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Next Christmas sales boosted by online surge

Next has revealed better than expected results over the Christmas period despite a 9.2% decline in sales across its bricks-and-mortar…

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Co-op to open 100 new stores in 2019

The Co-op has announced it will open 100 new food stores during 2019 as part of a £200m store investment…

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