Month: July 2019
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Jul- 2019 -10 JulyHigh Street
Superdry reports annual losses of £85m
Fashion retailer Superdry has announced pre-tax losses of £85.4m for the year to 27 April, compared with the profit of…
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9 JulyAnalysis
Disorderly Brexit could see the UK economy lose out on £22bn a year by 2024
Employers operating in retail most at risk of losing staff A ‘disorderly Brexit’ could see the UK suffer a £22bn…
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9 JulyEconomy
‘Worst June on record’ for retail sales, says BRC
On a total basis, sales decreased by 1.3% in June, against an increase of 2.3% in June 2018, according to…
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9 JulyClothing & Shoes
Primark founder Arthur Ryan dies aged 83
Budget fashion chain retailer Primark has announced its founder and chairman Arthury Ryan has died at the age of 83,…
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9 JulyEconomy
Online to make up more than 50% of retail sales in 10 years
Online shopping will account for more than 50% of retail sales (up from 19% currently) in the next 10 years…
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9 JulyHigh Street
M and G withdraws court action against Debenhams
Real estate company M and G Real Estate has withdrawn its court challenge against retailer Debenhams, helping the retailer restructure…
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8 JulyAnalysis
Why customers want to feel what they’re buying
While it may be convenient, browsing for items on a phone screen isn’t everything. In an increasingly connected world, where…
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8 JulyAdvice
What’s required for a business in the retail sector to thrive?
Latest figures from the British Retail Consortium (BRC) show that retail sales in the UK fell by 2.7% in May…
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8 JulyOnline & Digital
Asda to stop offering plastic bags with online grocery shopping
Asda is to stop providing single-use plastic carrier bags with its online grocery orders, in a move that will remove…
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8 JulyHigh Street
Select owed creditors £53m after entering administration
Fashion retailer Select “owed creditors £53.1m” to landlords and the Her Majesty’s Revenue and Customs (HMRC) following the company’s administration…
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