Christmas

Debenhams issues fresh profit warning

The statement Debenhams made in January to say it was on track to deliver profits in line with last year’s…

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Victoria’s Secret to close stores following Christmas ‘decline’

Victoria’s Secret has announced it is to close stores following a “decline in performance” over the second half of 2018.…

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Online retail records its ‘worst January sales growth’

Online retail recorded its worst January sales growth in three years last month, as the industry’s poor recent sales performance…

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January posts lowest footfall decline in three years

January footfall declined 0.8% according to the latest data from Ipsos Retail Performance – the lowest decline in three years.…

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JD acquires 8% stake in Footasylum

Sportswear retailer JD Sports has acquired an 8% stake in footwear retailer Footasylum. JD said it had purchased the stake…

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Game and Argos’ market share boosted by major game releases

Game and Argos have reported increased growth in physical entertainment market shares for the 12 weeks to 13 January 2019,…

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BRC hits out at HMRC over ‘unreasonable’ pay rules

The British Retail Consortium (BRC) has demanded HM Revenue and Customs (HMRC) ceases action against retailers who have breached pay…

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Retail sales bounce back in January

UK retail sales saw a year-on-year increase of 4.8% in January, the highest jump since December 2016. Figures from the…

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18,722 retail jobs lost or at risk since Christmas day

Some 18,722 retail staff, 400 every single day, have either been made redundant or have had their jobs threatened since…

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Debenhams to ‘close 20 stores’ in CVA plan

Debenhams could reveal plans to close 20 stores as this week, the embattled department store chain will announce it has…

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