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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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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Chocolate retailer Hotel Chocolat has a reported a 12% increase in revenue for the financial year ending July 1 2018. The business opened 15 stores in the year, which contributed...
Read moreThe administrators of Poundworld, Deloitte, have announced yet another wave of store closures bringing the total number of shuttered stores to 145 so far. The latest closure of 40 stores...
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