Search Results for: retail sales
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High Street
60% of British people believe the high street will ‘eventually disappear’
New research has found that 60% of British people believe that the high street will “eventually disappear”. The research by…
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Clothing & Shoes
House of Fraser decline leads to French Connection store closures
French Connection has announced it will be shuttering more of its stores following the closure of two under-performing branches in…
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Clothing & Shoes
Cath Kidston clarifies store review reports
Cath Kidston has clarified reports that it is to undergo a formal portfolio review and instead said that it is…
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DIY
B&Q owner Kingfisher sees 15% profit slump with H1 results
Kingfisher, which owns DIY retailers B&Q and Screwfix, has reported a 14.8% drop in H1 pre-tax profits, dragged down by…
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Department Stores
Sports Direct denies Mike Ashley will block Debenhams’ Magasin du Nord sale
Sports Direct has denied the claims which emerged over the weekend that Mike Ashley will attempt to block a sale…
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Analysis
How Wesfarmers’ takeover strategy almost sent Homebase ‘down under’
There are few home comforts for Homebase right now. The DIY chain confirmed on August 31 that it will close…
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High Street
John Lewis hit by 99% drop in H1 profits
The John Lewis Partnership has reported a 99% slump in its underlying profits to £1.2m in the first six months…
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Comment
The escalating issue of ‘serial returners’
Retailers are already under intense pressure, from reduced margins to competition from online giants, and now they face another woe:…
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High Street
JD Sports sees revenues and profits soar in ‘record result’
JD Sports has recorded a “record result” in the 26 weeks to 4 August as it posted double-digit growth in…
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Economy
Amazon Prime users set to more than double in the next decade
Analysts predict the number of Amazon Prime subscribers will more than double in the next decade rising from 101 million…
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