Year: 2019

Shoe Zone revenues up in FY results despite ‘challenging’ second half

Footwear retailer Shoe Zone has reported revenues of £161.9m for the year to 5 October 2019, up from £160.6m in…

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Sports Direct appoints RSM UK as new auditor

Sports Direct has announced the appointment of RSM UK Group as its new auditor with immediate effect. It ends a…

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85,000 retail jobs lost in the last year

Third-quarter retail employment fell by 2.8% year-on-year, the equivalent of around 85,000 jobs, marking the 15th consecutive quarter of decline…

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Debenhams poised to name Mark Gifford as new chairman

Debenhams is reportedly about to name Mark Gifford, former chief financial officer at House of Fraser, as its new chairman.…

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Nike CEO and president Mark Parker to step down in 2020

Sports fashion retailer Nike has announced that its CEO and president, Mark Parker, will step down next year. He will…

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How the barcode is continuing to impact the retail world

In our daily lives we hardly give the barcode a second thought. We only really come across it when we’re…

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Online retail sales drag in September

Online sales grew by a marginal 0.6% year-on-year in September, according to the latest IMRG Capgemini Online Retail Index. The…

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Royal Mail strikes could cost retailers £8m

A possible Black Friday Royal Mail strike could force retailers to attempt to pass on 8.5 million parcels, or 105,000…

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UK retailers store profit margins halved since 2011, study finds

A new report by global professional services firm Alvarez and Marsal, in partnership with Retail Economics, has shown that store-based…

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How retailers can guarantee success this festive season

Whether it’s Aldi’s Kevin the Carrot, or John Lewis’ The Bear and The Hare, Christmas adverts are often the ones…

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