Year: 2019

Card Factory profits fall as footfall hits LFL sales

Card Factory has reported in its latest full-year results that profit before tax fell by 8.3% to £66.6m as its…

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Aquascutum halves HQ workforce

Coat retailer Aquascutum has axed half of its headquarters-based workforce as part of a review of the retailer’s operations. More…

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The future of wireless retail technology

Digital transformation, although a term thrown around a lot within all industries, refers to changes made to business models in…

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Monsoon Accessorize set to close ‘dozens’ of stores

Women’s clothing and accessories retailer Monsoon Accessorize is reportedly preparing to enter a CVA which could see it close dozens…

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JD Sports reports ‘record’ 15.4% profits jump

Sportswear retailer JD Sports has reported a 15.4% increase in pre-tax profits to £339.9m for the year ending 2 February…

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Harvey’s scolded over delivery claims

Furniture retailer, Harvey’s has been reprimanded by the Advertising Standards Authority (ASA) over claims of “guaranteed Christmas delivery”. A complainant…

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Mike Ashley warned over plans for retail ‘oligopoly’

Former Marks and Spencer boss Lord Stuart Rose has warned Mike Ashley over plans for a retail ‘oligopoly’, following his…

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Debenhams CEO expected to step down

Debenhams CEO Sergio Bucher is expected to step down in the next few days, after lenders took control of the…

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An opportunity for fashion retailers to shine

Almost everywhere we turn there are proclamations of retail doom, high street downfall and talk that things have never been…

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Intu appoints new independent non-executive director

Shopping centre owner Intu has announced the appointment of Cheryl Millington as an independent non-executive director. The appointment will take…

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