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Uncategorized
Debenhams shares plunge 20% amid profit warning
Debenhams’ share price has lost a fifth of its value as the retailer warned full year earnings could fall to…
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News
Today’s news in brief-8/5/24
Boohoo posted widened losses of £159.9m for the full year due to challenging market conditions and a strategic focus on…
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Clothing & Shoes
Boohoo losses hit £160m amid sales slump
Boohoo losses have widened to £159.9m in its full-year results, up from a previous loss of £90.7m, as revenues fell…
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Clothing & Shoes
Zara to upsize shop at Bullring and Grand Central
Zara will significantly upsize its store at Bullring and Grand Central, as part of the repositioning of the Birmingham city…
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People Moves
Next Beauty CEO Amanda Scott resigns
Amanda Scott, Next Beauty’s chief executive has departed from her role, according to the Retail Week. For around five years…
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High Street
Ann Summers appoints finance director amid CFO retirement
Ann Summers has announced that Kristina Moln-Page has been promoted to the role of finance director, effective from 1 July…
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High Street
Ann Summers profits hit £61.8m in FY23
Ann Summers has reported that gross profits for the 53-week period to 1 July 2023 hit £61.8m, spelling a 3%…
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News
Merry Hill signs 65 new leases in 2023
Retail and leisure destination Merry Hill has completed 65 leasing deals covering more than 330,000 sq ft in 2023. The…
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News
Harvey Norman to open flagship at Merry Hill
Lifestyle, technology, and entertainment retailer Harvey Norman has recently signed a lease for a flagship store at Merry Hill. The…
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Economy
120,000 retail jobs lost in 2023
Almost 120,000 retail employees lost their jobs in 2023 after more than 10,000 shops shuttered over the year, according to…
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