Tesco And Co-op Bosses Join Forces With Plan To Fix Unfair...
Tesco and the Co-op are calling on the government to help the struggling retail sector by reforming business rates.
Read the full article on the...
Shop Prices Continue To Fall Despite Rise In Food Inflation
Shop prices fell for a fifth consecutive month in October as struggling retailers discounted products to tempt cautious shoppers to spend.
Data from the BRC-Nielsen...
Sales Down At Waitrose And John Lewis
The John Lewis Partnership saw sales falls at both its retail chains over the week to 26 October.
Waitrose continued its poor run with sales...
Concerns Raised About The Future Of Shop Direct
Shop Direct, the owner of the Littlewoods and Very home shopping brands, is in urgent need of cash injection following surge in claims for...
Retailers’ Stocks Hit Record Levels Amid Brexit Uncertainty
Retailers’ stock levels in relation to expected sales were at their highest on record in October, according to the latest monthly CBI Distributive Trends...
Mothercare Calls In Restructuring Experts
Mothercare has reportedly hired restructuring experts from KPMG to assess options for its troubled UK business amid the tough trading conditions.
The retailer started negotiating...
Former HoF Exec Appointed As New Chairman Of Debenhams
Debenhams has appointed Mark Gifford as a director and Chairman of Celine Jersey Topco Limited, its parent company which was formed when a consortium...
Poundland Rolling Out New Pricing Strategy
Poundland has confirmed that it is shifting away from being a single price retailer following the success of trials of its new ‘simple’ pricing...
Incoming M&S Stores Chief Decides To Stay Put At Morrisons
Less than a month after Marks & Spencer announced that it had recruited Morrisons’ Operations Director David Lepley as its new Stores Director, it...
Retail Store Profit Margins Have Halved In The Last 8 Years
A new study by professional services firm Alvarez & Marsal (A&M), in partnership with Retail Economics, has found that store-based profit margins for the...
