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Speculate to accumulate is not a phrase much heard these days.
Jonathan De Mello is head of retail consultancy at property adviser Harper Dennis Hobbs.
Matalan has opened a new store on the Cardiff high street today, as the value retailer continues its push into prime location space.
Primark supplier Positive Clothing London has gone into administration after the retailer cancelled its contract, Drapers understands.
The government has announced that April 1, 2015 will be the valuation date for business rates assessments for 2017 onwards.
Industry insiders have said Office is likely to be sold to another private equity company after its owner, Silverfleet Capital, appointed bankers at JP Morgan to explore a potential sale or float of the footwear retailer.
The Serious Fraud Office is to launch a criminal investigation into accounting irregularities at Tesco, as early as next week.
As Next cut its full-year profit guidance by £25m today (October 29) after warm weather in September and October stunted sales of autumn stock, Drapers takes a look at what city analysts make of the retailer’s results.
John Lewis boss Andy Street is “quietly optimistic” about Christmas trading, but admits that if the warm weather continues for another month there will not be enough time to make up the sales shortfall.
Next has cut its full-year profit guidance by 3% after unseasonably warm weather in September and October melted sales of winter stock.
Twenty-year-old Aphrodite’s passion for menswear grows ever stronger on Wearside.
Italian tailoring etailer Lanieri is using 3D scanning technology in UK pop-up stores to offer shoppers better-fitting suits and to boost sales.
Drapers spoke to Harding via Twitter about the rise of mobile shopping – which he predicts could overtake plastic payments in two years – the new technologies for retailers to tap into and whether wearable technology in fashion will ever become mainstream.
The Drapers Interview
Liz Evans, tactician behind Warehouse and Oasis, is focused on social media and domestic growth to keep both brands in the premier league.
Back to the future: Simon Cotton, chief executive of Johnstons of Elgin, is getting the balance right between private and own label business to continue the mill’s success.