Consumer Confidence Edges Up Following Interest Rate Cut And Easing Of...
After an unexpectedly positive month for retail sales in April, consumer confidence data for May suggests the trend is set to continue.
GfK’s long-running Consumer...
Pepco Expects To Offload Poundland By September As Sales Continue To...
Alongside its interim results today, Pepco Group confirmed that it plans to separate off its struggling Poundland business by September after another period of...
Harvey Nichols To Close Food Division
Upmarket department store Harvey Nichols is to stop selling food products and hampers as part of a strategic reset to restore profitability.
A report by...
The Cyber-Attack Is Costly And Embarrassing. But M&S Should Pull Through
If £300m can be whittled down to £150m, it’s a big hit but still a long way from upsetting M&S’s broader revival.
Read the full...
M&S Reveals Cyber Attack Will Cost £300m With Impact Continuing For...
Alongside the release of its annual results today, Marks & Spencer revealed that it expects to take a £300m hit to its profits this...
Rising Food Prices Contribute To Jump In Inflation
A rise in the cost of household bills and food has pushed inflation in the UK to its highest rate in more than a...
Poundland Could Be Sold For £1 With Significant Store Closures Likely
Final bids for Poundland are expected this week, with the embattled discount retailer potentially being sold for a pound to an investment firm that...
Halfords Appoints Former Tesco Exec As New Retail Managing Director
Halfords has announced the appointment of Jess Frame as Managing Director of Retail, effective from 21st July.
She will lead the company’s retail division, overseeing...
Hackers Have Ruined M&S’s Incredible Comeback
There are no doubt lots of things that Stuart Machin, the M&S chief executive, would prefer to talk about when he delivers the company’s...
B&M Appoints Former Tesco And Ahold Exec As New CEO
Discount retailer B&M has appointed industry veteran Tjeerd Jegen as its new Chief Executive. He will take up the position on 16th June, replacing...
