Tag : retail
Harvey Nichols' revamp bites into bottom lineSubscription
Luxury retailer Harvey Nichols has posted a £6.7m loss before tax for its latest financial year, as ongoing refurbishment at its Knightsbridge flagship continues to eat into profits.
Footfall to surge on 'panic Thursday'Subscription
High street footfall is expected to rise by a 60% on Thursday (21 December) compared with a normal Thursday, as shoppers shift from buying online to physical stores.
Christmas discounting to overtake Black FridaySubscription
More retailers will offer promotions in the final week before Christmas Day than during the Black Friday weekend, says auditor PwC.
High street sales dip in early DecemberSubscription
Like-for-like sales from clothing and footwear stores on the high street dropped last week, according to accountancy firm BDO’s tracker.
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.