Supreme Court Upholds Cash Machine Tax Exemption, Retailers to Receive £430m in Refunds
In a major victory for the struggling retail sector, the Supreme Court has ruled that cash machines are exempt...
retail sector
SCP Acquires Men’s Retailer TM Lewin from Bain Capital
In a recent acquisition, private equity firm SCP has taken over men's retailer TM Lewin from Bain Capital. The...
Oasis and Warehouse Face Administrators Amid Covid-19 Impact, 2,000 Jobs at Risk
Lead: Fashion retailers Oasis and Warehouse face an uncertain future as they reportedly prepare to appoint administrators, putting 2,000...
Fenwicks’ CEO and Non-Executive Chair Departure: New Leadership in Place
In a major shakeup at department store chain Fenwicks, CEO Robbie Feather is stepping down, replaced by experienced retail...
Sports Direct Challenges FRC Order for Private Documents in Undisclosed Business Arrangement Investigation
Sports Direct is battling an order to release "private" documents to the UK's accounting watchdog, the Financial Reporting Council...
Gordon Brown Receives £1m Payout After Links of London Collapse
Former UK Prime Minister Gordon Brown's restructuring firm is set to receive nearly £1 million in fees for its...
Retail Sector Demands Action Against Rising Shop Worker Attacks
Every day, 115 shop workers in the UK face attacks on the job, according to the British Retail Consortium...
Mothercare Faces Financial Crisis with Widening Losses and Store Closures
Embattled retailer Mothercare reports £21.2m losses before tax in its half-year trading update, citing declining worldwide sales of 8.4%...
£2.9bn Investment to Transform Oxford Street and Boost London’s Retail Sector
In just 1,000 days, £2.9 billion will be invested in a one-mile radius of Oxford Street, leading to a...
BRC Calls on Government to Support Retail Sector with Key Reforms
In its latest manifesto, the British Retail Consortium (BRC) urges the incoming government to support the retail sector by...