Year: 2019

Amazon launches ‘Clicks and Mortar’ initiative in UK

Amazon, along with business support firm Enterprise Nation, has launched ‘Clicks and Mortar’, an initiative which aims to help small businesses grow, both in-store and online. According to the online retail giant, the scheme will enable more than 100 small online businesses to sell on the high street for the…

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Philip Green charged with assault in the US

Arcadia owner Philip Green has been charged with four counts of misdemeanour assault in the US. The alleged incidents, which Green strenuously denies, are said to have occurred at the Canyon Ranch resort in Tucson, in 2016 and 2018. Each count carries a potential sentence of up to 30 days…

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Karen Millen owner mulls sale

Icelandic bank Kaupthing, which owns fashion retailer Karen Millen, has reportedly drawn in Deloitte to explore the sale of the company. According to Sky News, Kaupthing is reviewing its options for the retailers and sources said a sale of the company could take months to complete. It is not yet…

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Monsoon landlords seek equity stake in exchange for CVA

The landlords of fashion retailer Monsoon Accessorize are reportedly seeking an equity stake in the company in exchange for the support of a CVA. According to Sky News, British‎ Land, Hammerson, M&G Investments and Roubaix Group have written to the company’s owner Peter Simon, asking to negotiate improved terms. Simon…

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JD Sports’ Peter Cowgill to receive £6m bonus

JD Sports chairman Peter Cowgill is set to receive a £6m bonus following his “exceptional performance” at the sportswear retailer. The retailer’s remuneration committee recommended the payment due to the fact that Cowgill has not received any awards under the company’s incentive plans. The committee also found that Cowgill has…

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Consumer confidence increases in May

Consumer confidence rose by 3 overall to -10 for the month of May, according to GFK’s Consumer Confidence Index. Four measures increased and one stayed the same. Forecasts for the general economic situation over the next 12 months have increased five points to -29; but is still eight points lower…

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4 click-and-collect mistakes all retailers need to avoid

When it comes to high street retail, offering click-and-collect can have a monumental effect on a business’ overall customer experience. And that can be monumental ‘good’ or monumental ‘bad’, by the way. If a customer has a negative click-and-collect experience, chances are that it’s not just going to deter them…

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Microsoft’s flagship store to open on 11 July

International technology and software company Microsoft is set to open its first physical retail store in Oxford Circus, London on 11 July. As well as getting access to new products, the store will feature an answer desk, offering a dedicated area for customers to get tech support, training, repairs and…

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Shop price inflation pushed up by non-food price rises

Shop price inflation increased by 0.8% year-on-year in May, with non-food inflation also increasing by 0.2%, according to the latest figures from the BRC and Nielsen. The BRC said the growth in May was the second highest inflation rate seen in the last six years, though it remains “well below”…

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N Brown hires first chief brand officer from Missguided

Jacamo owner, N Brown has announced it has appointed Kenyatte Nelson from Missguided as its first ever chief brand officer. At Missguided, Nelson is currently chief customer officer and before that spent three years as group marketing director at Shop Direct. Nelson will begin his new role with N Brown…

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