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Economy
UK economy grows by more than expected 0.7% in Q1
The UK economy performed better than expected in the first quarter of the year, with GDP growing by 0.7% between…
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Luxury Goods
Burberry to axe 1,700 roles amid full-year losses
Burberry has warned it could cut up to 1,700 roles globally as part of a new cost-cutting drive, after the…
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High Street
M&S confirms customer data stolen in cyber attack
Marks and Spencer has told customers that some of their personal data has been stolen following a major cyber attack…
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High Street
Boots chair to hike stake to 50% following $10bn takeover deal
The chairman of Boots is reportedly set to hike his stake in Walgreens Boots Alliance to almost 50% as part…
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Department Stores
Next ups profit guidance as Q1 sales rise by 11.4%
Next has upped its full-year profit guidance as it welcomed “better than expected” sales in the first quarter, with full…
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High Street
Card Factory sales and profits rise in FY25 amid growth strategy
Card Factory has welcomed a year of “resilient” trading, with both revenues and profits rising as the group implemented its…
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High Street
WH Smith buyer faces year-long ban from mass store closures
The new owner of WH Smith’s high street chain has effectively been banned from enacting widespread store closures for at…
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Department Stores
Harrods latest retailer to face cyber attack
Harrods has become the latest retailer to be targeted by cyber attacks, only days after Marks and Spencer and the…
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Online & Digital
Ann Summers and Maplin launch virtual storefronts through Deliveroo
Deliveroo has announced the launch of a new virtual store concept for retailers, with Ann Summers and Maplin Electronics named…
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Features
Missed the PCI DSS v4.0.1 compliance deadline? How retailers can catch up quickly
Retailers have long been at the cutting-edge of payment innovation. From cloud computing and smart devices to advanced POS systems,…
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