Month: August 2018
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Aug- 2018 -13 AugustEconomy
Household spending drops 0.9% in July
Household spending dropped 0.9% in July due to “disappointing growth” in real earnings, according to Visas’ UK Consumer Spending Index.…
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13 AugustOnline & Digital
Amazon told to clarify ‘one-day’ delivery claims
The Advertising Standards Authority (ASA) has told Amazon to clarify its ‘one-day’ delivery claims for Prime customers, after the regulatory…
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13 AugustHigh Street
Ex-BHS staff to receive pension payouts
Pension Insurance Corporation (PIC), a specialist insurer of defined benefit pension funds, has completed a full pension insurance buyout of…
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10 AugustAdvice
How to embrace the ‘age of the customer’ whilst weathering the retail storm
The phrase ‘the customer is always right’ has never been more apt. Today’s customers are savvier than ever before and…
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10 AugustHigh Street
Arcadia terminates contract with Chinese partner Shangpin
Philip Green, owner of the Arcadia retail empire, has scrapped an expansion deal with Chinese franchise partner, Shangpin, that would…
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10 AugustHealth & Beauty
Superdrug brings HIV tests to the high street in UK first
HIV tests are available to purchase on the UK high street for the first time as health and beauty retailer…
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10 AugustDepartment Stores
Sports Direct saves House of Fraser in £90m eleventh-hour deal
Sports Direct has agreed to acquire House of Fraser for £90m in a deal that came just minutes after the…
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10 AugustHigh Street
Irish retail family in talks to save Poundworld
Poundworld could be saved in a last minute rescue as an Irish retail family is in talks with its administrators…
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10 AugustDepartment Stores
House of Fraser site offline as administration threatens 17,500 jobs
House of Fraser has appointed administrators after talks with investors and creditors were “not concluded in a solvent solution”. The…
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9 AugustDepartment Stores
House of Fraser sets new deadline to secure funds
House of Fraser has set itself a new deadline to secure funding to avoid collapse. In a statement to the…
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