All News articles – Page 71
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NewsDecember footfall is given a boost as retailers brace for ‘challenging’ 2025
UK retail in December saw an uplift in footfall across all destinations as shoppers flocked to stores over the festive season.
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NewsRevolution Beauty enters ‘confidential settlement’ with former shareholder
Revolution Beauty has announced that it has entered into a “confidential settlement” with a former shareholder, Chrysalis Investments Limited.
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NewsBarbour’s profits are up despite a dip in sales
Barbour has reported a rise in profits for the full year despite a dip in sales as it remains laser-focused on being the go-to British lifestyle brand.
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NewsThe Perfume Shop has seen a ‘successful’ Christmas trading period
The Perfume Shop has recorded another successful Christmas as 2 million bottles of perfume were sold between November 28 and December 24.
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NewsLidl celebrates its ‘most successful Christmas yet’
Discount supermarket Lidl has recorded its “most successful Christmas yet” as year-on-year sales and turnover increased.
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NewsCo-op has set out its store expansion plans for 2025
Convenience retailer the Co-op is planning to open 75 new stores across the UK in 2025 and refurbish some existing sites.
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NewsNearly 170,000 UK retail workers lost their jobs in 2024
Almost 170,000 UK retail workers lost their jobs in 2024, according to data from the Centre for Retail Research.
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NewsIssa brothers are considering a multibillion US listing for their forecourt empire
The Issa brothers are looking at a potential £13bn US listing for their petrol station empire, EG Group, despite the business originating in the UK.
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NewsB&Q is snapping up three Homebase stores
DIY powerhouse B&Q has agreed on the acquisition of three Homebase stores in the Republic of Ireland.
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NewsFootfall on peak shopping day rises as shoppers enjoy ‘last splurge’ ahead of Christmas
The peak shopping day before Christmas, December 23, has proved a hit for retailers
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NewsLids to exit the UK after three years
US sportswear retailer Lids, which is owned by Fanatics, is reportedly set to exit the UK market after just three years.
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NewsMiniso has opened a store at a London airport in UK first
International lifestyle retailer Miniso has opened its first store at a UK airport ahead of Christmas.
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NewsMorrisons shoppers have been hit by loyalty scheme problems during Christmas rush
Morrisons has apologised to customers unable to redeem loyalty discounts as they do their Christmas shopping.
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NewsAldi has pledged new investment in its Scottish store estate
Discounter Aldi is set to invest more than £40m in its Scottish store estate over the next two years as it ramps up its expansion plans.
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NewsThe Range is set to open first new superstores following Homebase acquisition
CDS Superstores, which owns The Range and Wilko, has announced the opening of the first of its new format stores following the acquisition of Homebase’s brand name, intellectual property and 70 of its UK stores last month.
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NewsQuiz is quitting the stock exchange to cut costs
Fashion retailer Quiz intends to cancel its listing on the AIM stock market and operate as a private company instead.
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NewsBoohoo has strengthened its balance sheet with office sale
Fashion retailer Boohoo has sold its office in London, helping the retailer to bolster its balance sheet.
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NewsBRC has warned of a ‘challenging year’ to come for retailers
Trade body the BRC has cautioned that a difficult 2025 lies ahead as jittery consumer confidence and rising costs pile pressure on retailers.
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NewsFootfall has peaked at just the right time for retailers in the run-up to Christmas
Christmas might not have come early for retail but it is at least coming, with footfall predicted to soar over the last weekend before the big day.
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NewsBoohoo shareholders have given a slap in the face to Frasers Group
Attempts by Frasers Group to install founder Mike Ahsley on the board of online fashion specialist Boohoo have been rebuffed.