Year: 2019

Tesco scraps its first-ever Jack’s store

Tesco has confirmed it is closing the first-ever discount Jack’s store, only around a year after it unveiled its new…

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Retail Lessons from DTC challenger brands

Direct-to-consumer (DTC) brands are shaking up entire categories. It’s now nearly impossible to find a single product category left unaffected…

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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…

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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.…

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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…

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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,…

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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…

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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…

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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…

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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.…

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