Month: October 2019
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Oct- 2019 -29 OctoberHigh Street
Boots Q4 sales slip amid โchallengingโ retail market
Health and beauty retailer Boots has reported a 2.1% decrease in sales in its fourth-quarter results, ending 31 August 2019.…
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29 OctoberShopping Centres
Sales and footfall up at Westfield’s UK centres
The owner of the Westfield shopping centres, Unibail-Rodamco (URM), has reported a 5.2% increase in tenant sales at its UK…
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29 OctoberEconomy
Retailers report โrecord highโ stock levels in October
Retailersโ stock levels in relation to expected sales were at their highest on record in October, according to the latest…
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29 OctoberEconomy
Sosander shares jump as revenues surge 53%
Shares in Sosander PLC jumped 12 % in early trading on Monday (28 October) as the retailer reported a strong…
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28 OctoberHigh Street
Mothercare appoints KPMG as advisers
Mothercare has appointed โBig Fourโ accountancy firm KPMG as advisers to help assess its options for its embattled retail business.…
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28 OctoberHigh Street
Arcadia to move Topshop logistics to Daventry warehouse
Sir Phillip Green is allegedly moving Topshop and Topman’s logistics to Daventey distribution centre Arcadia announced over the summer that…
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28 OctoberHigh Street
Forever 21 to shutter all UK stores next year
Fashion retailer Forever 21 has confirmed it will close its three UK stores in London, Liverpool and Birmingham next year.…
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25 OctoberTechnology
Robots could take half a million UK retail jobs within the next five years
UK retail is set to lose over half a million jobs to robots, according to the 2019 Harvey Nash/KPMG CIO…
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25 OctoberPeople Moves
Gant CEO to return to Adidas as executive board member
Sports fashion retailer Adidas has appointed Brian Grevy as an executive board member, responsible for global brands. Grevy returns to…
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25 OctoberAdvice
How retail businesses can reduce electrical consumption
Energy remains one of the largest in-store operating costs for UK retailers; and with electricity prices in particular continuing to…
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