WHSmith Reports Profit Dip Amid High Street Struggles
WHSmith reports a 6% drop in high street profits, but travel stores continue to thrive with a 5% increase....
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Mothercare Reports Q4 Sales Decline, Considers Store Closures
Embattled retailer Mothercare reveals a 2.8% decline in UK like-for-like sales in Q4, but online sales grow by 2.1%....
Carpetright Plans to Close Nearly a Quarter of Stores Amidst Struggling Sales and Online Competition
Carpetright plans to close 92 stores in a bid to avoid administration, citing online shopping as a major factor...
Central England Co-operative Sees Profit Growth Amidst Tough Market Conditions
Central England Co-operative reports increased gross sales and operating profit despite facing a challenging trading environment. The member-owned business...
Shop Direct Closes Three Warehouses, Affecting 1,992 Jobs
In a recent announcement, digital retailer Shop Direct revealed plans to close three major warehouses in Manchester, affecting 1,177...
Asos Reports Impressive Sales Growth and Expansion
Fashion retailer ASOS reports a 27% increase in retail sales growth over six months to February 29th, with strong...
Waitrose Leads Retail Industry in Disposable Coffee Cup Ban
Waitrose plans to eliminate all disposable coffee cups from its stores by autumn, aiming to reduce packaging waste. The...
UK High Street Stores Face Challenges Amid Lowest Openings in Seven Years
New research reveals that high street store openings have reached their lowest level since 2010, with a 10% drop...
Hammerson Rejects Klépierre’s Revised £5.04bn Offer as Undervalued
In a recent development, Hammerson's board has unanimously rejected French retailer Klépierre's revised £5.03 billion offer, stating that it...
Tesco Reports Strong Progress with £1.3bn Profits and 2.3% Sales Increase
Tesco, the UK's largest supermarket chain, has reported a significant increase in annual profits, reaching £1.3 billion in 2017...