Carpetright in Talks with Largest Investor Meditor for Potential Sale Amidst Debt Repayment Needs
Carpetright, the UK's largest carpet retailer, is in discussions with its biggest investor Meditor about a potential sale of...
Monthly Archives: October 2019
Consumer Confidence Plummets Amidst Brexit Uncertainty
In October, GfK's Consumer Confidence Index dropped two points to -14, with concerns over personal finances for the coming...
- By LNMVadmin
- October 31, 2019
Schuh Faces Challenging Retail Environment: £7m Profit Drop and Store Closures
Schuh, a footwear retailer, has experienced a £7 million drop in pre-tax profits to £6.1 million due to difficult...
- By LNMVadmin
- October 31, 2019
Treasury Committee Calls for Business Rates Reform to Support High Street Retailers
A Treasury committee urges the government to fix the "broken" business rates system, which negatively impacts high street retailers....
- By LNMVadmin
- October 31, 2019
Shop Prices Continue to Fall in October
Shop prices deflated at a slower pace of 0.4% in October compared to -0.6% in September, according to British...
- By LNMVadmin
- October 30, 2019
Next’s Q3 Sales Affected by Unusually Warm Weather
Next reports a 6.3% drop in retail sales for Q3 due to unusually warm September weather, but sees a...
- By LNMVadmin
- October 30, 2019
Sports Direct Challenges CMA’s Market Data in Footasylum Probe
Sports Direct disputes the Competition and Markets Authority's (CMA) estimates of its market share during their investigation into JD...
- By LNMVadmin
- October 30, 2019
Barbour Appoints Nicola Brown as Head of Womenswear Amidst Strong Sales Growth
In a recent development, British fashion retailer Barbour has appointed Nicola Brown, the former head of design at Hobbs,...
- By LNMVadmin
- October 30, 2019
Boots Reports Decline in Q4 Sales Amid Challenging Retail Market
Boots, owned by Walgreens Boots Alliance, reports a 2.1% drop in sales for the fourth quarter ending August 31st,...
- By LNMVadmin
- October 29, 2019
Westfield Shopping Centres See Sales and Footfall Growth
In Q3, Unibail-Rodamco's Westfield shopping centres experienced a 5.2% rise in tenant sales and increased footfall. Westfield Stratford and...
- By LNMVadmin
- October 29, 2019