London

Study finds independent retail and leisure outlet growth is soaring

As multiple stores like New Look, Maplin and Toys ‘R’ Us close, a study by OnBuy.com has found that this has…

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Retail footfall drops in February

Retail footfall decreased by 0.5% in February 2018, and is a major decline compared with the rate of 1.0% seen…

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New Look announces CVA proposal, 980 staff at risk

Clothing chain New Look has announced company voluntary agreement (CVA) proposal that will look to close up to 60 stores,…

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Burberry appoints Riccardo Tisci as chief creative officer

Burberry has announced that Riccardo Tisci has been appointed chief creative officer, replacing longtime creative chief Christopher Bailey effective 12…

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Hammerson Intu takeover plans still firm

Shopping centre owner Hammerson will continue with its plans to takeover rival Intu for £3.4bn. This was announced as the…

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Philip Green considers selling Arcadia to Chinese firm

British retail magnate Sir Philip Green is reportedly in talks to sell part of the Arcadia Group to a Chinese…

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Poundland owner appoints Richard Heis as restructuring officer

Struggling retail giant Steinhoff has appointed Richard Heis as chief restructuring officer charged with the task of returning it to…

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Co-op set to open ‘record number’ of stores and refits

The Co-op will be opening 30 new food stores and refurbishing seven existing properties from its current portfolio in the…

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Lidl creates 700 new UK jobs

Discount supermarket Lidl has opened its 700th UK store, following the opening of five new stores in a single day.…

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Burberry announces partnership with Farfetch

Fashion brand Burberry has announced a partnership with online retailer Farfetch which will see its entire global inventory made available…

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