Year: 2019

Ted Baker reveals £25m stock inventory error

Ted Baker has revealed its profits have been overstated by £25m.  The company’s board estimated the value of inventory on…

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Intu drafts in PwC advisers

Intu properties has appointed PwC advisers to help the restructuring of its balance sheet. According to Sky News, the shopping…

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Consumer confidence ‘flatlines’ in November, claims GfK

GfK’s Consumer Confidence Index has revealed a ‘flatline’ in consumer confidence. Consumer confidence in November was ranked at -14, the…

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Heal’s announces Chiswick Outlet store

Furniture retailer, Heal’s has announced the opening of its new outlet store, opening on Chiswick High Street next week. The…

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‘Please respect shopworkers’, says USDAW

The trade union leader of Usdaw has urged shoppers to “keep their cool” this Black Friday. The Union of Shop,…

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How online retailers can reduce the impact of festive returns

Peak season is just around the corner and this year more than a quarter (28%) of UK shoppers expect to…

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Dragons’ Den star Peter Jones kicks off Jessops sales talks

Dragon’s Den star Peter Jones has begun talks with potential buyers for embattled camera retailer Jessops, reports have claimed. Sky…

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M&S hires former Arcadia exec as head of brand creative

Marks and Spencer has appointed Anthony Cassidy as its new head of brand creative. Cassidyy joins from Arcadia, where he…

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Primark owner could face shareholder opposition to new bonus scheme

Fashion retailer Primark could face a shareholder revolt next week, after a new bonus scheme could see CEO George Weston…

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Peacocks announced as ‘preferred bidder’ for Bonmarché

Peacocks has been chosen as the preferred bidder to acquire Bonmarché, it was announced this morning. FRP Advisory was appointed…

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