Boohoo sees growing returns as sales increase
Online fashion business Boohoo has seen more clothes returned in recent months as customers changed their buying habits.
The business said the growth in net...
Sainsbury’s axes 200 in-store cafes
Sainsbury’s has said it will shut 200 cafes in a shake-up of its in-store dining which is set to hit around 2,000 workers.
The supermarket...
Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought online retail business Studio Retail out of administration, saving 1,500 jobs, it said.
The company behind Sports Direct and...
January retail sales bounce back after Omicron disruption
Shoppers returned to the high street in droves last month as UK retail sales rebounded after the impact of the Omicron variant of coronavirus...
Card payments in Singapore to grow by 8% in 2022, says GlobalData
Card payments in Singapore are set to rebound with 8% growth in 2022, with improving economic conditions, forecasts GlobalData, a leading data and analytics...
The French Bedroom Company reports record revenue growth
Luxury home e-commerce brand of timeless French-style furniture, The French Bedroom Company, is defying pandemic and Brexit pressures by reporting record revenue growth of...
Barclays calls for more robust regulation of all buy-now-pay-later products
Barclays is calling for more robust regulation of all buy-now-pay-later products as new research suggests the lack of consistent affordability assessments among short term...
Buy now, pay later firms making contract terms fairer and easier to understand
Some buy now, pay later firms have agreed to change terms in their customer contracts to make them fairer and easier to understand.
The Financial...
Studio Retail Group to file for administration
Studio Retail Group, which counts Mike Ashley’s Frasers Group as its biggest investor, is to hire administrators after failing to secure an urgent £25...
Shoppers see sharpest price rises since 2012 as cost of living crisis bites
Shoppers have been hit by the highest price rises in almost 10 years after shop inflation almost doubled over the past month, new data...