Year: 2019

91% of Sports Direct shareholders re-elect Mike Ashley

Over 90% of Sports Direct’s shareholders have voted in favour of founder Mike Ashley’s re-election as a director of the…

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Digital commerce and ‘the Goldilocks effect’

This is the single greatest barrier to digital commerce success for businesses and retailers alike. Take Black Friday as an…

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John Lewis warns of no-deal Brexit amid £26m loss

John Lewis Partnership has reported a loss of £25.9m for the first half of the year, warning that a no-deal…

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Morrisons quarterly sales drop for first time since 2016

‘Big Four’ grocer Morrisons has reported a 1.9% drop in like-for-like sales in its Q2 results, compared with the 6.3%…

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Co-op profits dropped by almost 50% in H1

The Co-operative Group saw profits drop by almost 50% in the six months to July, as the firm’s funerals business…

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Labour pledges £10 minimum wage for all workers over 16

Jeremey Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if his party is elected…

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Time is critical: Getting ‘retail fast’ right

Stories of store closures seem to be near constant, and calls for “the death of retail” or “the end of…

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Most valuable UK retailers ‘falling behind’ global rivals, study finds

The value growth of the UK’s top retail brands is “falling behind” that of the leading global retail brands, according…

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Inditex reports record net sales and revenue in H1

Inditex Group, owners of retail chain Zara has reported record revenue and net sales for the first half of 2019.…

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Store closures hit record levels in the first half of 2019

The number of stores closing down in the first six months of the year has reached its highest levels, with…

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