Debenhams Completes £200m Refinancing But Door Left Open For Ashley To...
Debenhams confirmed this morning that it has agreed a £200m refinancing lifeline with its lenders.
The ailing department store chain stated that the deal, that...
Consumer Confidence Holds Steady Despite Brexit Chaos
Consumer confidence held steady this month despite the uncertainty caused by the Brexit deadlock in Westminster.
GfK’s Consumer Confidence Index shows overall confidence remained at...
Tesco Boss Accuses Business Rates System Of ‘Killing’ Retailers
The chief executive of Tesco, Dave Lewis, has harshly criticised the UK’s business rates system, saying it has become “a rising tax on investment”.
Read...
Debenhams Secures Backing For Refinancing Plan
Debenhams’ bondholders have backed a £200m refinancing plan that could wipeout existing shareholders, including Mike Ashley’s Sports Direct which yesterday offered to buy the...
Global Retailers To Move Towards Real-Time In-Store Pricing
Gartner, a leading research and advisory company, is predicting that by 2025, the top 10 global retailers by revenue will leverage contextualised real-time pricing...
The Range Set To Open New Head Office To Support Expansion...
Value-orientated home and garden chain The Range has revealed that it will be opening new larger head office in Plymouth this summer.
Situated off the...
Sports Direct Outlines Details Of Possible £61m Bid For Debenhams
The latest twist in the long-running saga over the future of Debenhams emerged this morning, with Mike Ashley’s Sports Direct revealing that it is...
Nisa Agrees Foodhall Deal With Dobbies
Nisa Retail has signed a deal with garden centre chain Dobbies to supply groceries to its Foodhalls across 35 of its sites.
Dobbies has recently...
Debenhams Rebuffs Ashley’s Potential Takeover Offer
Mike Ashley’s Sports Direct revealed last night that it was considering a cash bid to acquire Debenhams. However, the struggling department store chain this...
Majestic Wine To Ditch Name Amid Major Transformation Plan
Majestic Wine has outlined plans to build up its business around its fast-growing online brand which will result in the Majestic name disappearing and...
