UK Retailers Face Challenges in International Expansion
UK retailers eager for international growth, but face numerous obstacles: New research by Laybuy reveals 71% want to expand...
Monthly Archives: June 2019
Mike Ashley Acquires 38.5% Stake in Game Digital, Makes £51.9m Offer for Retailer
In a surprising turn of events, Mike Ashley's Sports Direct has made a £51.9 million offer for gaming retailer...
Arcadia Owner Reaches Pension Scheme Agreement to Prevent Administration
Arcadia owner Philip Green has reached an agreement with The Pensions Regulator, providing £210 million in security for the...
Card Factory Reports 6.4% Sales Increase in Q1 Amid Challenging Conditions
Card Factory reports a 6.4% increase in total group sales during Q1 due to a "positive start to the...
Forever 21 Contemplates Restructuring Amid Financial Struggles
Fast fashion retailer Forever 21 is reportedly discussing potential debtor-in-possession financing with private equity firm Apollo Global Management. The...
Record Decline in Retail Sales Amid Uncertainty
In a shocking turn of events, UK retail sales plummeted by 2.7% this May, marking the worst decline since...
Network Rail’s Retail Sales Soar Amidst Market Challenges
In the 2018/19 financial year, Network Rail's retail sales grew by 4.36%, with like-for-like sales increasing by 1.32%. This...
New CFO for Intu: Robert Allen Appointed
Intu appoints Robert Allen as new chief financial officer starting Monday, June 10th. Allen previously served as group CFO...
Waitrose Trials Packaging-Free Initiative in Oxford Store
Waitrose supermarket chain launches a packaging-free trial at its Oxford store to reduce plastic usage. The 11-week initiative runs...
Amazon’s ‘Clicks and Mortar’: Bridging the Gap Between Online and Physical Retail
Amazon and Enterprise Nation have launched 'Clicks and Mortar', an initiative aimed at helping small businesses grow both online...