Year: 2019

Debenhams to close 22 stores with 1,200 jobs at risk

Department store chain, Debenhams has announced it is to close 22 stores putting 1,200 jobs at risk. The closures come…

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Laura Ashley shares tumble 20% amid fresh profit warning

Laura Ashley has seen its shares tumble 20% in early trading after it issued a profit warning indicating figures will…

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Retail sales growth picks up for first time in five months

Retail sales grew for the first time since November 2018 in the year to April, according to the latest monthly…

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Shop Direct protects 200 jobs with Raven Mill deal

Shop Direct has transferred its returns activity at its Raven Mill site over to logistics company Clipper Logistics in a…

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Amazon’s profits double in record results

Amazon.com has posted record profits of $3.6bn (£2.8bn) – up from last year’s $1.6bn (£1.2bn) – for the 13 weeks…

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Shareholders approve JD Sports’ £90m Footasylum takeover

JD Sports has announced its £90.1m Footasylum takeover has been given the go-ahead by shareholders, after it was voted through…

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In-house or outsource – the GNFR conundrum

The retail sector is undergoing unprecedented change and while this is bringing amazing opportunities in the customer experience space, it…

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CMA blocks Sainsbury’s-Asda merger

The Competition and Markets Authority (CMA) has blocked the Sainsbury’s-Asda merger after finding it would lead to “increased prices in…

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74,400 retail jobs lost in first three months of 2019

The retail sector saw a 2.4% year-on-year drop in the number of employees in the first quarter of this year,…

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Online retail sees ‘subdued’ growth in March

Online retail recorded growth of just 5% year-on-year (YoY) in March, compared with 18.9% last year, according to the latest…

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