Consumers Keeping Calm Despite Brexit Turmoil
GFK’s Consumer Confidence Index remained in negative territory during April, although it was unchanged from recent months despite the growing Brexit uncertainty and political...
Debenhams Outlines CVA Plan To Restructure Store Portfolio
The new owners of Debenhams have today revealed details of a Company Voluntary Arrangement (CVA) that aims to restructure the ailing retailer’s store portfolio...
Retail Sales Get A Spring In Their Step
The CBI’s latest monthly Distributive Trades Survey suggests retail sales grew for the first time since November 2018 in the year to April.
The survey...
Consumer Confidence Edges Up, But Caution Remains
Consumer confidence in the UK saw modest quarterly growth of one-percentage-point (to -8%) in the first quarter of the year, according to the latest...
Majestic Wine Could Sell All Its Stores
Majestic Wine is reportedly looking at selling all of its 200 stores in the UK and becoming an online-only operation under its Naked Wines...
20 Debenhams Stores Face New Year Axe Under Owners’ Plans
The new owners of Debenhams will outline plans this week to shut 20 of its stores early next year, casting a further pall over...
Sainsbury’s And WH Smith End Food-To-Go Trial
Sainsbury’s food-to-go ranges are reported to have disappeared from WH Smith travel stores nine months after the trial partnership began.
Last July, Sainsbury’s began supplying...
Debenhams Chief Departs With £700k Payoff
As widely expected, the Chief Executive of Debenhams stepped down at the end of last week just days after the ailing department store chain...
Former Carrefour CEO Joining B&M’s Board
B&M, the fast-growing value-orientated retailer, has appointed Gilles Petit as a Non-Executive Director, with effect from 2 May.
The group highlighted that Petit has extensive...
Homebase Recovery On Track As Losses Reduced
Interim results from Homebase, the ailing DIY chain which was bought by restructuring firm Hilco from Australia’s Wesfarmers for £1 last May, suggest the...
