Retail News

HMV ‘denied’ £3.35m tax lifeline before administration

Beleaguered music and film retailer, HMV, who officially fell into administration during the festive period, was denied a £3.35m government…

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Missguided posts £46.7m loss

Online fashion retailer Missguided has posted a £46.7m loss in its financial results for the 53 weeks ending 1 April…

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Retail administrations rise for second consecutive year

The number of retailers entering into administration in 2018 was 125 – compared to 118 in 2017, an increase of…

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Shop prices rise in December despite discounting

Shop prices saw a 0.3% year-on-year increase in December despite many retailers discounting heavily during the festive period, the BRC-Nielsen…

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Moss Bros appoints former Missguided boss

Gareth Jones, former online chief executive of Missguided, has joined menswear retailer Moss Bros as a non-executive director. Jones left…

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Online retailer Mahabis falls into administration

Mahabis, a specialist online retailer known for its premium slippers, has announced it has gone into administration. The company has…

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London’s West End to receive £186m pre-Christmas boost

Shoppers visiting London’s West End are expected to spend £186m in the final three days before Christmas, according to New…

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UK airport retailers expected to take over £56m during ‘busiest time of the year’

New research has found that UK travellers will spend over £56m at UK airports during this period, considered the “busiest…

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MPs launch inquiry into business rates

The Treasury select committee has launched an inquiry into business rates as part of the Housing, Communities and Local Government…

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Lowest November growth in seven years for online retail

UK online retail sales suffered its worst November growth since 2011 last month coming in at just +8.1% year-on-year (YoY),…

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