Tag : retail
Shareholders at Sports Direct have voted against a proposed £11m payout to founder Mike Ashley’s brother, John Ashley.
Inditex sales and profits upSubscription
Zara owner Inditex has posted growing profits and net sales in the first nine months of its financial year.
‘Busy stores’ driving Christmas shoppers awaySubscription
Busy stores have been named as the main frustration for 43% of UK shoppers over the festive period, according to new data.
Brand building key to Joules success, says CEO Subscription
Strong brand positioning and product is helping Joules defy tough market conditions, chief executive Colin Porter has said.
After three years of planning and a £5m investment, lifestyle retailer Fat Face has opened the doors to its brand new distribution facility in Havant, Hampshire.
Hammerson to take over rival Intu in £3.4bn dealSubscription
British shopping centre owner Hammerson is set to buy Intu Properties in a £3.4bn deal, combining London’s Brent Cross, Birmingham’s Bullring and Manchester’s Trafford Centre into one group.
Primark to open at Westfield LondonSubscription
Primark has signed for a 70,000 sq ft store at Westfield London, when the shopping centre’s extension opens in 2018.
Black Friday fails to boost clothing salesSubscription
Non-food retail sales in physical stores saw their steepest decline in more than five years, with Black Friday failing to “fundamentally shift underlying trends in spending”.
Returns to soar on ‘Back Friday’Subscription
Returns on unwanted purchases made over the Black Friday Sales weekend are expected to peak today (1 December), with fashion amounting to 42% of these.
Shop price deflation at four-year lowSubscription
Shop price deflation shows signs of coming to an end after more than four years, the British Retail Consortium (BRC) has found.