Pound Plummets to $1.30 Amid High Street Struggles and Retail Woes
In a surprising turn of events, the pound has dropped to $1.30 due to decreased high street footfall and...
Monthly Archives: July 2018
Small Retail Businesses Struggle with Brand Identity, Study Finds
UK retail small businesses are struggling to differentiate themselves due to poor branding, with 40% not effectively standing out...
BHS Directors’ Inquiry May Be Reopened Following New Evidence
Breaking news: The Financial Reporting Council's discovery of new information could lead to a reopening of the BHS directors'...
Poundworld to Close All Stores Amid Failed Rescue Bids
Poundworld is set to close all 190 stores by August 10th after administrators Deloitte failed to find a buyer...
Poundworld’s Administrators Announce Closure Plans and Job Losses
Poundworld's administrators, Deloitte, have announced the closure of its distribution center on July 20th, affecting 907 employees. Additionally, 78...
Morrisons Launches ‘Quieter Hour’ to Support Autistic Shoppers
Morrisons supermarket chain introduces a weekly 'quieter hour' for autistic shoppers in all its UK stores, turning off music,...
Retail Space Demand Slumps Amid Store Closures: RICS Report
In a recent study by the Royal Institution of Chartered Surveyors (RICS), it's revealed that 70% of chartered surveyors...
Sports Direct Profits Plummet Amid Debenhams Investment Struggles
Sports Direct's pre-tax profit plunges 73% due to investment in struggling department store chain Debenhams, despite an increase in...
Phantom Hours Cost UK Businesses £37m Weekly: Survey
In a survey by staff rota scheduling firm Rotaready, shift workers in retail, hospitality, and leisure industries are found...
UK Retailers Thrive During Amazon Prime Day Disruptions
UK retailers saw a 13% sales uplift during Amazon Prime Day due to technical difficulties on Amazon's website and...