Wales
This coverage highlights retail developments and economic trends specific to Wales, examining store openings and closures, regional sales performance, employment issues, and policy changes affecting the retail sector. Reporting provides retail managers and executives with insights into the unique challenges and opportunities shaping retail operations across Welsh towns and cities.
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Mar- 2020 -4 MarchTips
Diving deeper into fall 2020’s menswear trends – what to know
Utility Clothing is Still Hot Businesses should refresh the design for the usual palette of khaki, olive, and tapenade colours and incorporate lighter and neutral tones to clothing. Premium brands can use simple leather ideas from Dior Homme for inspiration. For industrial designs, Y-Project attempts to take an alternative route…
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Feb- 2020 -28 FebruarySupermarkets
Aldi removes single-use plastic lids from own-label products
Supermarket Aldi has announced it is removing all plastic lids on its own-label products, as part of its ongoing campaign to reduce single-use plastics. From March, the UK’s fifth-largest supermarket will stock products such as ready-to-drink coffee and own-label fresh cream without “unnecessary” plastic lids in over 780 stores across…
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11 FebruaryHigh Street
Administrations up 5% in 2019
The number of companies falling into administration across England and Wales increased by just under 5% in 2019, according to new analysis from KPMG. A study of notices in the London Gazette showed that a total of 1,403 companies went into administration during 2019, compared with 1,341 in the previous…
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6 FebruaryPeople Moves
M&S appoints new chief strategy and transformation director
Marks and Spencer has appointed Katie Bickerstaffe as its new chief strategy and transformation director. Bickerstaffe is currently a non-executive director of Marks and Spencer, and will take up her role on 27 April. She will serve on the board and operating committee as an executive director. She previously held…
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Jan- 2020 -30 JanuaryElectrical
Deloitte fined £1m over handling of Comet administration
‘Big Four’ accountancy firm Deloitte has been fined £925,000 for its handling of electrical goods retailer Comet’s administration in 2012. Deloitte and two of its partners, Neville Kahn and Christopher Farrington, have been sanctioned by the accountancy watchdog and have also agreed to pay the costs of the Institute of…
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29 JanuaryTips
Our Best Picks From London Fashion Week Men’s AW20 – What to Know
The recently concluded London Fashion Week Men’s that took place at the Somerset House from 4-6 January was heralded as the fashion industry’s first major event. It was proclaimed as the stage of up-and-coming talent. What made London Fashion Week Men’s AW20 special As opposed to the regular star-studded lineup…
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2 JanuaryHigh Street
Boxing Day footfall falls to lowest level since 2010
Retail footfall decreased by 10.6% on Boxing Day in 2019, and marks the largest decrease in footfall since 2010. The research from Springboard found the decline to be larger than the last two years combined for the period. In 2018 footfall was 4.2% lower than in 2017 and in 2017…
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2 JanuaryAdvice
The internet need not be the scourge of every sector – just ask the CEO of Mountain Warehouse
The last decade in business was arguably characterised by one word: disruption. While the internet behemoths had already begun building serious fortunes in the 2000s, most would agree it was after 2010 that things really started motoring. Heralded as the great democratiser of information and services, the effects of a…
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Oct- 2019 -22 OctoberHigh Street
Wilko strikes called off after staff accept ‘improved’ work rota
Strike action by GMB members at Wilko have been called off after staff accepted a new deal offered by the company. Around 1,800 GMB members at two Wilko distribution centres – in Magor, Wales and Worksop, Nottinghamshire – were due to walk out on 21 and 22 October over “forced”…
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1 OctoberHigh Street
FRC to investigate Thomas Cook auditor following collapse
The Financial Reporting Council (FRC) has announced it will be investigating Thomas Cook’s auditor EY, following its collapse last week which left 21,000 staff out of work and as many as 15,000 British tourists stranded abroad. The investigation will look into the audit by EY of the financial statements of…
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