Tag : KPMG
August retail sales flatline Subscription
Economic uncertainty, summer discounting and weak footfall have caused UK retail sales to flatline in August, new research shows.
Retailers demand rent cuts on 500 storesSubscription
High street retailers River Island, Jack Wills and Schuh are pushing landlords to cut their store rents as tough trading and competitor company voluntary arrangements pile on the pressure.
Retail health has not improved since 2016Subscription
New research shows the “deteriorating” state of the retail industry, after the retail health index (RHI) score fell “more than expected” during the second quarter of 2019.
Jack Wills seeks new owner Subscription
The private equity owner of Jack Wills, BlueGem, is searching for a new buyer for the retailer, while retaining a minority stake, Drapers can reveal.
January discounts tempt cautious consumersSubscription
Retail sales returned to year-on-year growth in January after a disappointing December, but the British Retail Consortium (BRC) and KPMG warned there is no guarantee the positive momentum will continue.
'Worst Christmas for UK retail in 10 years'Subscription
UK retailers suffered the worst Christmas trading period for a decade, new figures from the British Retail Consortium (BRC) and KPMG have revealed.
UK's retail struggles to ‘intensify’ in 2019Subscription
The challenges that have plagued the UK retail sector this year will ”intensify” over the course of 2019, a report from the KPMG/Ipsos Retail Think Tank (RTT) has warned.
Who’s buying what this Black Friday?Subscription
Younger customers will favour Black Friday this year, a YouGov survey conducted for KMPG has found.
KPMG owed £277k for House of Fraser CVASubscription
Accountancy firm KPMG has accrued losses of £277,533 after being paid just less than half the fees it was owed by House of Fraser for work on its company voluntary arrangement (CVA).
Non-food retail sales dip in FebruarySubscription
Non-food retail sales in the UK have dropped by 1.1% on a like-for-like basis in the three months to 24 February, compared with the same period in 2017.