The pound has been dragged down to $1.30 by declining high street footfall and the financial woes of a slew of retail brands. An increase in retail sales of 0.2%...
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The pound has been dragged down to $1.30 by declining high street footfall and the financial woes of a slew of retail brands. An increase in retail sales of 0.2%...
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UK retail small businesses are struggling to differentiate themselves according to new research released by Vistaprint and run the risk of “merging into one”. The study found that 40%...
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The inquiry into the former directors of BHS could be reopened following the discovery of new information by the Financial Reporting Council (FRC), Retail Sector has learned. The chief executive...
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Poundworld will close all 190 remaining stores by 10 August after administrators Deloitte failed to find a buyer for the business at a price which satisfied them. A total of...
Read moreThe administrators of Poundworld, Deloitte, have announced that the retailer’s distribution centre operations will be closing on Friday 20 July. They also announced the closure of a further 78 stores,...
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Supermarket chain Morrisons has introduced a weekly ‘quieter hour’ in support of autistic shoppers who struggle with music, lights and noise. Morrisons will implement the scheme in its 439 stores...
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New research has found that 70% of chartered surveyors in London saw a notable slump in demand for retail space over the last quarter, in light of recent closures by...
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Sports Direct has seen a 73% drop in pre-tax profit despite an increase in revenue thanks to its investment in struggling department chain Debenhams. In its preliminary results for the...
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A survey of shift workers in the retail, hospitality and leisure industries has found staff to be overstating their working hours by an average of almost half an hour a...
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Amazon Prime Day’s website issues produced a ‘halo effect’ for UK retailers, as online businesses saw a recorded a 13% uplift in sales on the day. While Amazon was experiencing...
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