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Economy
High street struggles drag sterling down to $1.30
The pound has been dragged down to $1.30 by declining high street footfall and the financial woes of a slew…
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High Street
Poundworld to shutter all remaining stores
Poundworld will close all 190 remaining stores by 10 August after administrators Deloitte failed to find a buyer for the…
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Economy
Frozen food retail continues to grow
Frozen food value growth continues across almost every category, according to latest statistics in the 52 weeks to 18 June…
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Department Stores
M&S announces 351 management roles to be slashed
M&S has announced it is to cut 351 management roles, but says they are unrelated to the programme to close…
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Advice
Waking up to the opportunity of digital signage
Against a backdrop of declining footfall in retail, it’s hardly surprising that we’re starting to see more innovative approaches from…
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High Street
Wilko appoints Craig McGregor as new retail director
Homeware retailer Wilko has announced that former Topshop retail director Craig McGregor will be joining its senior team to help…
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Advice
The end of the high street as we know it?
A week doesn’t go by without another retailer hitting the headlines. M&S, Poundworld, Carphone Warehouse, Mothercare and House of Fraser…
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Economy
Hot weather springs profit warning at DFS
DFS has announced a profit warning, blaming poor sales performance on decreased high street footfall during the hot weather, disruption…
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Luxury Goods
Burberry’s growth slows in Q1 2018
Luxury fashion house Burberry has said it has recorded a “solid performance in retail during a period of transition”, despite…
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High Street
Poundworld founder urges ‘moral argument’ after administrators reject rescue bid
A rescue bid offer made by Poundworld founder Chris Edwards has been been rejected by appointed administrators Deloitte, who say…
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