Retail News

Consumer spending slumped over 30% in April

Consumer spending contracted by 36.5% year-on-year in April, according to new data from Barclaycard. The research revealed that spending on…

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Retailers report ‘record high’ stock levels in October

Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest…

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UK shoppers wasting £641m a year not returning unwanted goods

As much as £641m is being wasted each year from shoppers buying online goods they don’t want and failing to…

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Online retail sales drag in August

Retail sales in August saw low growth of just 3% year-on-year according to the latest IMRG Capgemini eRetail Sales Index,…

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A&B Pawnbrokers and Herbert Brown shutters UK stores

Albemarle & Bond Pawnbrokers (A&B Pawnbrokers) and Herbert Brown have shuttered stores across the country, in a sudden move that…

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Labour pledges £10 minimum wage for all workers over 16

Jeremey Corbyn has pledged a £10 an hour minimum wage for all workers over 16 if his party is elected…

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Ideal Shopping Direct wins ITV contract

Multi-channel retailer Ideal Shopping Direct has secured a deal to air its two flagship home shopping channel brands on ITV’s…

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Lovehoney names Sarah Warby as new CEO

Sexual wellbeing brand and online retailer Lovehoney has appointed ex-Sainsbury’s and Heineken marketing director Sarah Warby as its new CEO.…

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‘Huge’ spike in retail job vacancies, says CV-library

The amount of jobs on offer in the retail sector jumped by 56.9% in May. That’s according to the latest…

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Arket launches recycling scheme for ‘unwanted’ clothes and shoes

Fashion retailer Arket has announced a new recycling scheme for unwanted clothes and shoes, due to launch at the end…

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