Management Shake-Up At Poundland
Poundland’s new Managing Director, Barry Williams, has overhauled the struggling discounter’s management team as part of his turnaround plan.
A report by trade publication Retail...
Nearly A Quarter Of Hobbycraft Stores At Risk Of Closure
Modella Capital, the private investment firm that recently acquired WH Smith’s high street chain, is reported to be drawing up plans which could result...
The Entertainer Rolling Out Range In Over 2,000 Tesco Express Stores
The Entertainer has announced a major expansion of its partnership with Tesco, bringing a selection of its toy lines to 2,010 of the supermarket’s...
New Owner Of The Original Factory Shop Preparing For CVA
The new owner of The Original Factory Shop (TOFS) is reportedly preparing to put forward a package of rent cuts for store landlords as...
M&S Investing Over £90m In London Food Stores
Marks & Spencer has revealed that it will be investing £90m in the opening of 17 new and improved stores in London across this...
Travel Unit Continues To Drive Growth At WH Smith
In its first financial update since announcing the sale of its flagging High Street division, WH Smith has posted relatively robust first-half results.
Total group...
Easing Food Inflation Contributes To Fall In Headline Rate
Official figures from the Office for National Statistics (ONS) show the inflation rate in the UK eased more than expected in March and for...
B&M Taking Steps To Boost Performance After Another Tough Quarter
Discounter B&M is forecasting that its annual profit will now come in above the midpoint of its £605m-£625m guidance range, buoyed by sales from...
Good Weather Helps Drive Retail Sales Growth Amid ‘Challenging’ Trading Conditions
The latest BRC-KPMG Retail Sales Monitor shows that retailers experienced a better-than-expected March as warm Spring weather and Mother’s Day boosted demand for gardening,...
Long-Serving Halfords CEO Stepping Down After Delivering Another Year Of Growth
Halfords announced the appointment of a new Chief Executive today after reporting rising revenues amidst a “very challenging trading environment”.
Former Very Group CEO Henry...