Year: 2019
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Oct- 2019 -29 OctoberEconomy
Retailers report ‘record high’ stock levels in October
Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest…
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29 OctoberEconomy
Sosander shares jump as revenues surge 53%
Shares in Sosander PLC jumped 12 % in early trading on Monday (28 October) as the retailer reported a strong…
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28 OctoberHigh Street
Mothercare appoints KPMG as advisers
Mothercare has appointed ‘Big Four’ accountancy firm KPMG as advisers to help assess its options for its embattled retail business.…
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28 OctoberHigh Street
Arcadia to move Topshop logistics to Daventry warehouse
Sir Phillip Green is allegedly moving Topshop and Topman’s logistics to Daventey distribution centre Arcadia announced over the summer that…
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28 OctoberHigh Street
Forever 21 to shutter all UK stores next year
Fashion retailer Forever 21 has confirmed it will close its three UK stores in London, Liverpool and Birmingham next year.…
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25 OctoberTechnology
Robots could take half a million UK retail jobs within the next five years
UK retail is set to lose over half a million jobs to robots, according to the 2019 Harvey Nash/KPMG CIO…
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25 OctoberPeople Moves
Gant CEO to return to Adidas as executive board member
Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to…
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25 OctoberAdvice
How retail businesses can reduce electrical consumption
Energy remains one of the largest in-store operating costs for UK retailers; and with electricity prices in particular continuing to…
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25 October
Amazon Q3 profits fall 25% amid rising shipping costs
Online retail giant Amazon has reported a 25% fall in Q3 net income to $2.1bn (£1.6bn) despite a 24% increase…
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25 OctoberPeople Moves
Topshop appoints ex-M&S buying director as fashion head
Topshop has appointed former Marks and Spencer buying director, Gillian Ridley Whittle, as its new fashion director. Whittle began her…
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