Farfetch’s £4bn IPO on the Horizon
Luxury retailer Farfetch, which enables 900 boutiques and brands to sell designer products worldwide, hires JP Morgan and Goldman...
Retail Footfall Declines in February: BRC Data Shows Mixed Results Across UK Regions
In February 2018, retail footfall dropped by 0.5%, a significant decrease compared to the previous year's rate of 1.0%....
UK Retailers at Risk: Interest Rate Hikes Loom
A new study by financial analytics firm Company Watch reveals over 25% of large UK retailers with assets over...
Claire’s Accessories on the Brink of Bankruptcy
US retailer Claire's Accessories, struggling with $2 billion in debt and heavily reliant on shopping centers, is reportedly preparing...
Co-op Launches ‘Pay in Aisle’ App for Frictionless Shopping Experience
In a bid to streamline shopping experiences, The Co-op has introduced a new mobile app allowing customers to pay...
John Lewis Partnership Reports Significant Drop in Profits and Cuts Staff Bonus
In a challenging year marked by subdued consumer demand, John Lewis Partnership reports a 77% drop in annual profits,...
Violent Crime Against Retail Staff Surges by 100%
In a recent survey by the British Retail Consortium (BRC), there has been a concerning spike in violent incidents...
Mother’s Day Spending Hits £600m as Adverts Pressure Mums
British consumers are expected to spend £600 million on Mother's Day this year, up 3.4% from last year, according...
New Look’s CVA Proposal: Up to 60 Stores at Risk and 980 Jobs in Jeopardy
New Look plans to close up to 60 stores and potentially make 980 staff members redundant as part of...
John Lewis Tops List of Best Retailers to Work For in UK
In a recent list by job website Indeed, department store chain John Lewis has been named the best UK...