Owner Of Hobbycraft Snaps Up TOFS
Following rumours last week, it has been reported that The Original Factory Shop (TOFS) has been acquired by Modella Capital, the owner of Hobbycraft.
According...
Jump in Demand For Supermarket Food Drives Better-Than-Expected Increase In Retail...
Retail sales unexpectedly bounced back last month, boosted by a spike in spending in supermarkets and other food stores as cash-strapped consumers ate at...
Surprise Improvement In Consumer Confidence
Alongside today's release of better-than-expected retail sales figures, GfK’s long-running Consumer Confidence Index suggests people were slightly more positive about the economy and their...
Concerns About Higher Prices, Taxes, And Energy Costs Hit Consumer Confidence
Consumer confidence in the UK took another beating in February on fears around the impact of higher employer national insurance on businesses and the...
Rising Food Prices Contribute To Jump In Inflation
Official data from the Office for National Statistics (ONS) shows inflation in the UK saw a higher-than-expected jump to 3% in the year to...
Poundstretcher Planning Major Voucher Giveaway
Poundstretcher is set to give away thousands of vouchers worth £10 each this coming weekend as it looks to boost performance under new ownership.
The...
M&S Appoints Three Execs To Strengthen International Management Team
As part of a “reset” of its International business, Marks & Spencer has strengthened its global management team with three new senior appointments.
Manish Kapoor...
Owner Of Hobbycraft Closing In On A Deal To Buy TOFS
Modella Capital, the owner of Hobbycraft, is reported to have made a late swoop to buy The Original Factory Shop (TOFS) after talks with...
Budget Blamed As One Of Britain’s Oldest Department Stores Shuts Shop...
One of the oldest UK department store chains is shutting its last shop, blaming Budget tax and wage increases.
Beales, which opened in Bournemouth in...
AI-Powered Personalisation Driving Sales As Shoppers Prioritise Tailored Offers
Artificial Intelligence is increasingly influencing how brands approach personalisation and loyalty, with data showing that tailored offers and rewards are not just enhancing customer...
