Year: 2019

Bonmarché to be delisted as second largest shareholder sells up

Fashion retailer Bonmarché is set to become delisted as the company’s second largest shareholder sold its stake, meaning Spectre Holdings…

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Asda Sainsbury’s merger blocked for 10 years

The Competition and Markets Authority (CMA) has prohibited Asda and Sainsbury’s from working with each other until 29 July 2019…

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The impact of Brexit on the UK retail market

It’s no secret that the UK retail sector is facing a serious crisis, with the demise of several vendors including…

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M&S warns it could close more than 110 stores

Marks and Spencer chief executive Steve Rowe admitted to shareholders at its AGM that plans to close 110 of its…

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Dunelm remains ‘cautious’ as Q4 revenues jump 15%

Homewares retailer Dunelm has reported a 15.4% increase in total like-for-like (LFL) revenue for the 13-week period ended 29 June…

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Superdry reports annual losses of £85m

Fashion retailer Superdry has announced pre-tax losses of £85.4m for the year to 27 April, compared with the profit of…

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Disorderly Brexit could see the UK economy lose out on £22bn a year by 2024

Employers operating in retail most at risk of losing staff A ‘disorderly Brexit’ could see the UK suffer a £22bn…

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‘Worst June on record’ for retail sales, says BRC

On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…

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Primark founder Arthur Ryan dies aged 83

Budget fashion chain retailer Primark has announced its founder and chairman Arthury Ryan has died at the age of 83,…

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Online to make up more than 50% of retail sales in 10 years

Online shopping will account for more than 50% of retail sales (up from 19% currently) in the next 10 years…

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