Tag : retail news
North-east indies call for action on empty shopsSubscription
Independents in the north-east of England have called for action from local authorities to help fix the vacancy rates “crisis”, as more than 1,900 retail units lie empty in the region.
Sales edge up at PrimarkSubscription
Sales at Primark have risen 4% year on year for the 52 weeks to 14 September, as the retailer’s expansion continues apace. However, like-for-like sales dropped by 2% for the period, and it warned that future margins are set to take a hit.
Footfall suffers summer slump Subscription
Weak consumer confidence, declining sales and Brexit uncertainty have caused UK footfall to fall in August, new data reveals.
Arcadia Group suppliers are concerned that the company’s operating losses for the 53 weeks to 1 September 2018 were “much worse” than anticipated.
Vans steps into former Miss Selfridge flagship Subscription
Casual footwear brand Vans is set to sub-let the former Miss Selfridge flagship on London’s Oxford Street.
Henri Lloyd CEO steps down Subscription
Henri Lloyd’s chief executive officer, Magnus Liljeblad, has decided to step down from the business to “make room for new people” to steer it into the future.
Walthamstow shopping centre reopensSubscription
The Mall in Walthamstow, north-east London, has reopened for business this week, after it was shut due to fire damage.
Fur protesters target Flannels openingSubscription
Sports Direct’s £10m Flannels flagship on London’s Oxford Street was targeted by anti-fur trade protesters on the day of its launch.
Monsoon CVA faces legal battleSubscription
Shopping centre owner British Land has filed a legal challenge against Monsoon Accessorize’s company voluntary arrangement (CVA).
Acquisitive Boohoo Group ups sales forecastSubscription
The Boohoo Group has raised its sales forecasts for the current financial year, in reflection of “anticipated investments” into its newly acquired businesses.