Private Equity Firms Eyeing Owner Of Poundland
Pepco Group, the operating company of Poundland and other discount stores across Europe, could be bought by a private equity firm.
Troubled South African retail...
Hawkin’s Bazaar Collapses Into Administration
Hawkin’s Bazaar has become the latest retailer to call in administrators having suffered a “challenging Christmas period”.
The gift and toy chain will continue to...
Management Shake-Up At Majestic Wine
Majestic Wine has confirmed the departure of its Managing Director Josh Lincoln as part of a number of changes in its leadership team.
Six weeks...
Mothercare’s Chief Executive Steps Down
Just a week after shutting its remaining 79 stores in the UK, Mothercare has announced that its Chief Executive Mark Newton-Jones is stepping down...
Good Performance Of WH Smith’s Travel Unit Helps Offset Weak High...
WH Smith saw its revenue grow by 7% in the 20 weeks to 18 January, aided by recent overseas acquisitions. However, like-for-like revenue fell...
Almost 60,000 Retail Jobs Were Lost Last Year
Around 57,000 retail jobs were lost last year, according to a new report.
The British Retail Consortium blamed the continuing transformation of the industry along...
M&S Turns To Asda And Sainsbury’s To Bolster Management Team
Marks & Spencer has raided the senior ranks of Asda and Sainsbury’s to fill two new roles within its leadership team as part of...
Sales Continue To Slide At Waitrose And John Lewis
After issuing a profit warning earlier this month following disappointing Christmas trading figures, the John Lewis Partnership has revealed that both its chains saw their sales...
Christmas Failed To Turn The Tide On Deteriorating Retail Health But...
Analysis by the KPMG/Ipsos Retail Think Tank (RTT) confirms that the crucial final quarter of 2019 failed to provide retailers with any respite from...
Ryman And Robert Dyas Managed To Grow Sales In Tough Market
The Theo Paphitis Retail Group has revealed that both its Ryman and Robert Dyas chains delivered growth last year despite the difficult trading conditions.
Stationery...