Ocado Joins FTSE 100 as M&S Narrowly Avoids Relegation
Lead: Ocado soars into the FTSE 100, while Marks and Spencer narrowly escapes demotion! In a remarkable performance, Ocado's...
online shopping
Decline in Department Stores: Impact of Online Shopping and High Debt Burdens
In just under a decade, large department stores in England have seen a 25% decline, according to Lendy's research....
Northern Ireland’s Retail Struggles Intensify with 7.3% Footfall Drop
In Northern Ireland, retail is struggling with a 7.3% drop in footfall and a 14.2% vacancy rate, higher than...
Online Typo Leads to £930 Banana Purchase at Asda
A woman discovered an online banana at Asda priced at £930.11 instead of 11p, thanks to a computer error....
UK Retailers Lose £18k Monthly Due to Online Shopping Abandonment Issues
UK shoppers leave behind an average of £29.37 worth of goods in each online shopping basket every month, according...
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...
Retail Sales Rebound in February After Two Months of Decline
In February, UK retail sales saw a 0.8% increase compared to January, with food, non-store, and fuel sectors driving...
Millennials Deterred by Difficult Returns Processes
Millennial shoppers are abandoning online retailers with complicated return processes, according to research by returns management company ReBOUND. The...
Debenhams Rents Flagship Store Space for Hot-Desking Amid Retail Challenges
Debenhams, struggling with declining high street sales, explores renting out excess space in its flagship Oxford Street store to...
High Street Footfall Declines Sharply in December
In a surprising turn of events, new data from the British Retail Consortium and Springboard reveals that UK retail...