Adobe Forecasts Festive Online Spending Will Hit Record £25.9bn as Shoppers Prioritise Price and...
UK shoppers are forecast to spend a record of £25.9bn online during the holiday season (November-December), £300m more than the previous record set in 2020, and up 6.1% over the 2023 holiday season
Business Distress Index – A window into the health of UK businesses
The Business Distress Index which tracks the health of UK businesses found a record number in significant financial distress which creates an uncertain economic...
Lidl GB Accelerates Expansion with 10 New Stores Ahead of Christmas
Lidl GB is expanding its presence with 10 new UK stores before Christmas, adding 400 jobs and extending its reach.
Klarna Reports Strong Early Success for Cashback Feature
Klarna, the AI-powered global payments network and shopping assistant, has released impressive data following the launch of its cashback feature. In just six weeks...
Footasylum Growth Plans Backed by Eight-Figure Funding Package from HSBC UK
Footasylum, a leading footwear and sportswear omnichannel business, is set to accelerate its growth plans across the UK and beyond after securing a £35m...
Bravissimo Acquired by Wacoal Europe
Multi-channel retailer Bravissimo has been acquired by lingerie and swimwear manufacturer Wacoal Europe, marking a new chapter for the UK-based brand. Wacoal Europe, which...
Modella Capital Acquires Hobbycraft from Bridgepoint
Privately-owned specialist retail investment boutique, Modella Capital, has announced its acquisition of Hobbycraft, the largest arts and crafts retailer in the UK. This acquisition...
Retail Sales Increase Announced by ONS
The Office for National Statistics (ONS) reported this morning that retail sales in Great Britain experienced a notable increase. In May 2024, retail sales...
Klarna and Sainsbury’s Partnership Brings Interest-free BNPL to Argos, Habitat and Tu
Klarna, the AI-powered global payments network and shopping assistant, has partnered with Sainsbury’s PLC which will see its payment methods available at the online checkouts...
SportsShoes.com Reports 11% Increase in Turnover to £90 Million and Significant Customer Growth
SportsShoes.com achieved an 11% year-on-year increase in turnover, reaching £90 million, and acquired 663,000 new customers in the 12 months to 29 February 2024....