Store Estate

Carpetright restructure bears fruit amid return to sales growth

Carpetright has reported its business turnaround is “on track” amid an “encouraging return to positive like-for-like sales growth”. The carpet…

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New Look reports £522m loss amid cost saving efforts

Fashion retailer New Look has reported a statutory loss before tax of £522.2m in its full year results for the…

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Dreams posts sales and profits growth for fifth consecutive year

Bed retailer Dreams has reported an increase in both sales and profits for the fifth consecutive year. In its full-year…

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Dixons Carphone fined £29m for mis-selling ‘Geek Squad’ product

The Financial Conduct Authority (FCA) has fined Carphone Warehouse £29,107,600 for failings that led to the mis-selling of ’Geek Squad’,…

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Chapelle enters administration

Jewellery and watch retailer Chapelle has entered into administration, four years after it was sold to HMV owners Hilco UK.…

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M&S store closures to affect 1,045 jobs

Marks and Spencer has confirmed 17 stores which are set to close within its plans to shutter over 100 stores…

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Aldi posts ‘record’ Christmas sales

Budget supermarket chain Aldi has has reported sales of almost £1bn for the month of December 2018, 10% higher than…

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Office Outlet announces CVA proposal

Stationery retailer Office Outlet has announced a company voluntary arrangement (CVA) proposal to restructure its UK store estate as part…

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Bonmarché’s £8m profits fight off ‘challenging trading conditions’

Bonmarché has fought off “challenging trading conditions” affecting many high street retailers by posting a 38% increase in profit before…

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N Brown to close all of its remaining stores

N Brown Group, which owns fashion retailers JD Williams, Jacamo and Simply Be, has announced plans to shut down all…

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