Retail News

Brits to spend £1.65bn on last minute Christmas purchases

Some 14.9 million shoppers are expected to spend £1.65bn on last minute Christmas purchases, new research by discount code website…

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Ocado’s 12% sales increase marks ‘good finish to the year’

Online supermarket Ocado has seen a 12% increase in revenue to £390.7m for the 13 weeks to 2 December in…

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Superdry mulls store closures as profits drop 49%

Fashion retailer and brand Superdry has issued a profit warning after pre tax profits fell 49% to £12.9m in the…

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Online non-food spend to top £75bn by 2023, data suggests

Total online spend is forecast to rise 34.5% over the next five years, reaching over £75bn by 2023 as consumers…

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Poundstretcher posts profit decline

Discount retailer Poundstretcher overall profits for the financial year ending 31 March 2018 fell to £1.7m compared with the previous…

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Retailers could lose out on £496m refund as ATM ruling is appealed

In November, the Court of Appeal ruled that ATMs inside and outside of stores should not be assessed for business…

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UK customers to boost retailers with £420 festive spend

New Christmas trading analysis from PwC has suggested UK shoppers are preparing to spend an average of £420 on Christmas…

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Government clarifies details of new business rates relief

The Ministry of Housing, Communities and Local Government (MHCLG) has published guidance on the details of how business rates discounts…

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Most ‘disability friendly’ shopping centres in Northern Ireland named

New research has found the most “disability friendly” shopping centres in Northern Ireland, with Bloomfield in Bangor coming out on…

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240 Crawshaw jobs saved following £1.4m deal

As many as 240 jobs at meat retailer Crawshaw have been saved following a £1.4m deal which will see its…

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