Year: 2019

Boohoo owner hit with £118m lawsuit

Boohoo owner Mahmud Kamani, has had a lawsuit filed against him by an IT consultant for breach of an agreement.…

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New returns policies make 73% of shoppers think twice about buying

Some 73% of consumers have given purchasing from a retailer a second thought for fear of being blacklisted due to…

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Games Workshop announces bonuses of £5m as profits hit at least £80m

Games Workshop has announced its staff are to receive bonuses totaling £5m, as it expects full-year profit before tax to…

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Footfall ‘plummets’ in May

Footfall declined by 3.5% in May, compared with the same point last year when it declined by 0.4%, according to…

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Waterstones’ owner acquires Barnes and Noble in £538m deal

Elliott Management, owner of book retailer Waterstones, has announced the acquisition of US book retailer Barnes and Noble for $683m…

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How FMCG retailers are personalising our supermarkets

Sometimes, the world seems to just turn too quickly; work projects pile up, kids’ schedules get too hectic – even…

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Arcadia amends CVA agreement to appease landlords

Retail company Arcadia has amended the rental reductions for the seven company voluntary agreement (CVA), which are needed for the…

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London Mayor to launch Night Time Enterprise zone

The Mayor of London, Sadiq Khan, has today announced a new programme to boost the capital’s high streets at night.…

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Offering frictionless delivery is key to winning over millennials

Driven by the rise of online shopping and the modern on-demand lifestyle, millennials now expect their customer journey to be…

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New Look founder to step down

Following completion of its restructuring transaction announced on 3 May 2019 New Look’s founder, Tom Singh, has decided to retire…

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