Month: September 2019
-
Sep- 2019 -25 SeptemberSupermarkets
Sainsbury’s announces store estate overhaul
Sainsbury’s is to undergo a store estate overhaul which will see it close over 100 stores, while also opening and…
Read More » -
25 SeptemberHigh Street
Hotel Chocolat beats high street woes with strong revenue growth in 2019
British chocolatier Hotel Chocolat has reported a 14% increase in revenues to £132.5m for the year ending 30 June 2019.…
Read More » -
25 SeptemberOnline & Digital
Boohoo revenues spike 43% in half-year results
Online clothing retailer Boohoo has seen its revenues skyrocket by 43% to £564.9m for the six months to 31 August…
Read More » -
24 SeptemberOnline & Digital
Online retail sales drag in August
Retail sales in August saw low growth of just 3% year-on-year according to the latest IMRG Capgemini eRetail Sales Index,…
Read More » -
24 SeptemberComment
The rise of loyalty schemes in the retail sector
E-vouchers are increasing in popularity. While at a relatively steady pace, the sector has grown 10% over the past two…
Read More » -
24 SeptemberHigh Street
Sports Direct announces five more Jack Wills closures
Sports Direct has revealed the locations of a further five Jack Wills stores set to close, following its acquisition of…
Read More » -
24 SeptemberHigh Street
Moss Bros H1 sales dragged down by hire business
Menswear retailer Moss Bros has posted a marginal 1.4% increase in total group revenue to £65.4m for the 26 weeks…
Read More » -
23 SeptemberPeople Moves
Marks & Spencer CFO exits
Marks and Spencer (M&S) has announced that its group chief financial officer, Humphrey Singer, has decided to leave the business.…
Read More » -
23 SeptemberHigh Street
Bailiffs visit 310 premises a day over business rates, study finds
Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation…
Read More » -
23 SeptemberHigh Street
Thomas Cook shutters 600 retail stores amid company collapse
British tour operator Thomas Cook has announced that all of the companies in its group, including Thomas Cook Airlines, have…
Read More »