All News articles – Page 406
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NewsSales off to slow start as Boxing Day footfall slides
Boxing Day Sales got off to a slow start yesterday for bricks-and-mortar stores as footfall declined in the early part of the day.
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NewsChristmas Eve suffers sluggish start after manic Monday
Footfall to retail destinations slumped during Christmas Eve morning following a spike in shopper numbers on Monday.
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NewsJohn Lewis sales slump in last full week before Christmas
John Lewis & Partners has suffered a slump in sales during the last full week before Christmas as retailers bank on a late festive shopping surge.
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NewsJD Sports insists Footasylum deal ‘will benefit consumers’
JD Sports has insisted its £90m takeover of rival Footasylum “will benefit consumers” as it wrestles to convince competition watchdogs of the merits of the deal.
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NewsShoppers shun ‘Super Saturday’ as footfall declines
Footfall during the Saturday before Christmas declined year on year according to new data.
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NewsHarrods sets up permanent residence in China
Harrods is set to open its first store in China in 2020 amid growing customer demand.
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NewsDebenhams raises fears after seeking further rent cuts
Debenhams has raised concerns for its future after seeking further rent cuts only seven months after they were slashed in a restructuring process.
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NewsMoonpig hits landmark sales figure
Online greetings card specialist Moonpig has reported sales of £100m bolstered by an increase in demand for personalised cards.
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NewsTesco withdraws Christmas cards after forced labour claims
Tesco has stopped the production of its charity Christmas cards after a six-year-old girl found a note allegedly from a prisoner in a Chinese warehouse forced to work.
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NewsSuning to open 10,000 stores in 2020 in £4.4bn expansion splurge
Chinese retail titan Suning has revealed plans to open 10,000 new stores and create 8,000 jobs next year as part of an ambitious RMB 40bn (£4.4bn) expansion strategy.
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NewsConsumer confidence buoyed by post-election bounce
Consumer confidence rallied in December as the Conservative Party’s election victory boosted shopper sentiment about the UK’s economic future.
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NewsThe White Company profits rise in ‘turbulent’ year
The White Company has posted an uplift in full-year profits as investments in IT and its infrastructure helped it navigate the “turbulent retail environment”.
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NewsRetail sales record sluggish growth as non-food sales slide
Retail sales grew at their slowest rate year on year since April 2018 last month, according to the Office of National Statistics.
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NewsQueen’s speech brings business rates disappointment for big retailers
Plans revealed in today’s Queen’s speech to reform business rates have prompted disappointment because of their limited nature.
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NewsThe Uptick: Trailblazing stores and tomorrow’s CEOs
Welcome to 2019’s final edition of The Uptick! We’re bringing you a selection of stories that showcase the best of retail over the last month to send you into Christmas trading with a spring in your step
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NewsWHSmith shareholders back $400m US deal
WHSmith investors have formally backed the retailer’s $400m takeover of US giant Marshall Retail Group (MRG).
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NewsCarpetright investors vote through sale to Meditor
Carpetright investors yesterday voted through a takeover by backer Meditor.
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NewsDebenhams faces landlord challenge over rescue plan
One of department store group Debenhams’ landlords is seeking to challenge the retailer’s rescue plan by overturning a legal decision on its CVA.
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NewsClimate crisis makes little impact to Christmas spending
Consumer spending over the festive period is hardly impacted by environmental issues such as climate change, according to a new shopper survey.
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NewsOnline sales surge during record November
Online spending has surged during November bolstered by Black Friday promotions.