France

Kingfisher profits drop amid poor international performance

Kingfisher has seen its pre-tax profits drop 25% to £568m for the year ended 31 January, down from £758m the…

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How can the physical retail sector win its battle to survive?

It is well known that the high street is battling for survival. Insolvency statistics released this month show a 17%…

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Budget will ‘do nothing to turbocharge investment’, says BRC

The British Retail Consortium (BRC) has stated that the latest Budget announcement will “do nothing to turbocharge investment and growth…

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Today’s news in brief-29/2/24

UK retail destinations saw a decline in footfall by -2.2% overall for the month. The start of February was marked…

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Hammerson rental income jumps 6% amid footfall boost

Hammerson has reported a 6% increase in like-for-like gross rental income following a record year of leasing with 306 deals.…

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Today’s news in brief

Redwheel, the leading shareholder of Currys, has voiced concerns over the undervaluation of UK stock markets compared to their true…

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Shopify makes leadership team changes to EMEA division

Shopify has announced changes to its EMEA leadership team, with new roles for Emilie Benoit-Vernay, Benjamin Lang and Lara Rosquët,…

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Today’s news in brief-16/2/24

In January 2024, the UK experienced a significant rebound in retail sales, rising by 3.4% following a 3.2% decline in…

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NWEC calls for return to tax-free shopping as tourist spending gap widens

The New West End Company (NWEC) has called for the return of tax-free shopping as the gap between the number…

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It’s not all just fun and games

The UK toy industry reported that its annual sales dropped by nearly £200m in 2023. Sales dropped by 5% to…

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