Retail News

US landlords drop legal challenge against Arcadia

The two US landlords involved in the legal challenge against Arcadia’s company voluntary agreements (CVAs) have dropped their case, following…

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Carpetright debt absorbed by shareholder

Carpetright shareholder Meditor is set to absorb the retailer’s £40.7m revolving credit facility, purchasing it from lenders Natwest and Ulster…

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FF Group searching for Links of London buyer

Links of London owner Folli-Follie Group (FF Group) has confirmed that it has appointed firms Deloitte and Savigny to the…

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Reiss group sales soar by 23.7% in H1

Fashion brand Reiss has seen group sales rise by 23.7% for the first half of 2018, alongside announcing an advertising…

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Tobar places Hawkins Bazaar up for sale

Toy and gift retailer Hawkins Bazaar has been brought to the market by its owner Tobar International. The retailer, which…

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CEO pay at the UK’s biggest companies falls by 13%

CEOs of FTSE 100 companies have seen their salary drop by 13% year-on-year to an average of £3.4m in 2018.…

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Hammerson appoints James Lenton as new CFO

Shopping centre owner Hammerson has appointed James Lenton as the company’s new CFO, and will take the role on 1…

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Supermarket growth remains flat over summer

Supermarket growth remained flat for the 12 week period to 11 August, with all chains barring discount brands Aldi, Lidl…

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Whittard of Chelsea CEO departs

Tea and coffee specialist Whittard of Chelsea’s chief executive Mark Dunhill has resigned, with finance chief Nathan Smith taking the…

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Co-op urges councils to speed-up home food waste collections

The Co-op is urging local councils to speed-up the implementation of food waste collections from homes as approximately 1,000 tonnes…

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