Currys Shareholder Redwheel Warns of Stock Market Decline
Lead: Currys' largest shareholder, Redwheel, warns of foreign firms eyeing London companies after the electronics retailer rejects a US...
retailers
Secret Sales Appoints Anthony Farrow as CTO to Drive Tech Innovation
Secret Sales has appointed Anthony Farrow as its new Chief Technology Officer to bolster its focus on technology investments...
John Lewis Appoints New Executive Directors for Department Stores and Operations
In a major shakeup at the John Lewis Partnership, Peter Ruis returns as executive director of the retailer's department...
Financial Insecurity Rises: KPMG Survey Reveals Consumer Spending Shifts in 2024
In a recent KPMG UK survey, four out of ten consumers feel less financially secure than at the beginning...
Retail Sector Struggles Amidst Rising Inflation and Interest Rates
In a recent analysis by Begbies Traynor, nearly 4,500 retailers find themselves in critical financial distress due to poor...
£3.31bn Expected Spending on ‘Panic Weekend’ Shopping Rush
This holiday season, shoppers are expected to spend £3.31 billion during the "panic weekend" of December 16th and 17th,...
CMA Finds Unlawful Land Deals by Morrisons and M&S to Block Rivals
In a recent development, the Competition and Markets Authority (CMA) has taken action against Morrisons and Marks and Spencer...
EE Aims to Compete with Amazon and Currys in Electronics Retail
EE boss Marc Allera aims to compete with Amazon and Currys by becoming one of the UK's top three...
BRC Warns of Inflation Threat in 2024 Amidst Falling Rates
Inflation continues to fall in the UK, with Shop Price annual inflation dropping to 4.3% in November from 5.2%...
BRC Criticizes Chancellor for Ignoring Retailers’ Needs, CBI Praises Full Expensing
In his Autumn Statement yesterday, the chancellor faced criticism from the British Retail Consortium for freezing the business rates...