Debenhams Enters Administration After Rejecting Last Minute Offer From Ashley
Debenhams entered into a pre-pack administration today and was then sold to its lenders after rejecting an improved last-minute offer from Sports Directs’ Mike...
Fall In Retail Sales Suggests Shoppers Holding Back Amid Brexit Uncertainty
Latest figures from BRC-KPMG Retail Sales Monitor show March was a disappointing month for the UK retailers with the Brexit uncertainty said to be...
Wyevale Disposes Of Another 6 Garden Centres
Wyevale has agreed the sale of another six of its gardening centres as part of its recent strategy to trim down its store portfolio...
Ashley Offers Debenhams £150m Lifeline But Says Execs Should Take Lie...
The saga surrounding Mike Ashley and Debenhams continued over the weekend with the Sports Direct tycoon offering to underwrite £150m of new equity funding...
Another Dismal Quarter For Mothercare But Claims Progress Is Being Made
Mothercare has reported another heavy fall in sales and warned that market conditions in its domestic market and overseas remained challenging. However, it hailed...
Food Price Inflation Hits Highest Level In Almost Six Years
Food prices in the UK last month recorded their highest rate of inflation since November 2013.
Data from the BRC-Nielsen Shop Price Index shows food...
Majestic Wine Warns Restructuring Plan Could Impact Suppliers
Majestic Wine has reportedly warned that some suppliers could “lose out” as it implements its recently announced ‘Transformation Plan’ to build up its business...
New Research Shows Shift Towards Healthier Eating Accelerating
New research from MCA Insight and HIM suggests the trend towards healthier eating is growing into a mega trend, with two fifths of consumers...
100 Million Consumers Will Shop In Augmented Reality Online And In-Store...
Augmented reality (AR) and virtual reality (VR) have the potential to shake up the customer experience by individualising retailers’ offers and enabling customers to...
Owner Of Wickes Names New CEO
Wickes owner Travis Perkins has appointed Nick Roberts as its new Chief Executive to replace John Carter who will step down from the role...
