John Lewis Selects Six Start-Ups to Revolutionize Retail Experience
In a bid to transform shopping experiences of the future, John Lewis Partnership has shortlisted six retail start-ups for...
investment
Foot Locker Invests $100m in Online Sneaker Marketplace Goat.com for Enhanced Customer Experience
Foot Locker is investing $100 million in Goat, a managed marketplace for trainers, to create an unmatched customer experience....
Missguided Reports £46.7m Loss Amid Challenging Year
In a challenging year, online fashion retailer Missguided posted a £46.7 million loss compared to a £1.6 million loss...
Gear4Music Warns of Lower Profit Despite 41% Sales Growth
Gear4Music warns profits for 2019 will be slightly below last year's results despite a 41% increase in sales, reaching...
Co-op’s £200m Investment to Open 100 New Stores and Create Jobs
In 2019, The Co-op plans to open 100 new food stores as part of a £200m investment program, potentially...
Mike Ashley Urges Debenhams to Reconsider £40m Investment Offer Amid Store Closures
In a recent email, Mike Ashley expressed frustration over Debenhams turning down his £40 million investment offer, calling it...
Amazon Expands UK Operations with New Manchester Hub and Job Creation
Amazon is set to open a new corporate office in Manchester's Hanover Building next year, creating 600 new roles,...
ASOS Reports Impressive 26% Sales Growth and 28% Profit Increase
Online retailer ASOS sees a 26% increase in sales, reaching £2.4 billion, with UK sales at £861 million and...
Sports Direct Acquires House of Fraser’s Glasgow Store for £95m, Aims to Create ‘Harrods of the North’
Today, House of Fraser announced a £95 million deal to acquire the freehold of its Glasgow flagship store, home...
Wilko Reports £65m Loss, Investing in Growth Strategy
Homeware retailer Wilko reports a £65 million pre-tax loss in its latest financial results, citing investments of over £60...