Search Results for: retail sales
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Department Stores
House of Fraser CVA prompts closures amid 51% sale
House of Fraser has confirmed the sale of a 51% stake in its group, which may lead to the closure…
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Economy
Fall in shop prices marks fifth year of deflation
Shop prices fell by 1% in April marking the fifth year of deflation for retail prices. According to the British…
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High Street
Carpetright expects £9m profit drop
Carpetright has warned pre-tax profits will fall £9m for the year ending 28 April 2018. According to the carpet retailer…
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Online & Digital
New tool developed to match catalogue items with those in a warehouse
Microsoft has developed a new tool aimed at the retail industry, to identify items by rough images and match them…
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Clothing & Shoes
N Brown Group posts revenues of £922m
Fashion retail group N Brown’s latest financial results show group revenue reached £922m for the full year, up 3.9% from…
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Property
Furniture shop closing down after rent increases by £100,000
Phillip Logan, owner of furniture store Uno in South Belfast has decided to close his shop after facing a rent…
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Department Stores
Store closure fears loom as House of Fraser appoints advisors
House of Fraser has appointed KPMG to advise the company on a restructuring plan, raising speculation that a number of…
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High Street
Debenhams profits plummet by 84%
Debenhams has announced that its pre-tax profits fell by 84% to £13.5m after the ‘Beast from the East’ temporarily closed…
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High Street
Primark posts ‘remarkable’ 4% rise in profits
Associated British Foods (ABF), the parent company of fashion retailer Primark, has posted a 1% increase in profit for the…
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Analysis
What you need to know about consumer packaged goods companies going direct-to-consumer
The retail industry is going through major disruption as more and more innovative consumer packaged goods (CPG) brands are jumping on…
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