Carpetright Considers Store Closures and Equity Sale to Address Financial Struggles
Carpetright, a struggling flooring retailer, is considering a Company Voluntary Agreement (CVA) to close underperforming stores and negotiate rent...
Monthly Archives: March 2018
Amazon Eyes Toys R Us Vacant Stores for Expansion
In a surprising move, Amazon is reportedly considering purchasing Toys R Us' vacant US stores, just days after the...
Conviviality CEO Resigns Amidst £30m Tax Bill Crisis
In a shocking turn of events, Conviviality's CEO Diana Hunter resigns immediately amidst financial struggles due to an unexpected...
Instagram Introduces In-App Shopping for UK Users
Instagram's shopping feature now available in the UK, allowing users to buy items without leaving the app! Ecommerce designers...
B&M Fights Kylie Minogue’s Trademark Dispute Over ‘Kylie’ Branding
Bargain retailer B&M has hit back at Kylie Minogue's legal claim, calling her "greedy" for selling two products named...
Pets at Home Halts Easter Rabbit Sales, Offers Workshops Instead
Lead: Pets at Home halts rabbit sales during Easter, offers free workshops instead. Pets at Home has decided not...
Next Expected to Report Profit Drop, but Future Outlook Positive
Next clothing chain set to report 8% drop in annual pre-tax profits this Friday, but analysts remain positive about...
H&M Reports Low Gender Pay Gap Compared to Industry Standards
H&M's latest gender pay report reveals a smaller pay gap compared to both UK retail and wider industries, with...
Klépierre’s Takeover Bid for Hammerson Rejected in Less Than a Day
French real estate investment fund Klépierre has confirmed its takeover bid for UK-based Hammerson was rejected in under 24...
Conviviality Reviews Business Amid £30m Tax Bill, Suspends Shares and Cancels Dividend Payment
In a surprising turn of events, off-licence retailer Conviviality has announced it's reviewing its business while holding "constructive" negotiations...