UK Consumers Empty Covid Saving Coffers as Funds Used to Supplement Cost-of-living Spending Dry...
Nearly half (45%) of UK consumers have been using savings accumulated during Covid-19 lockdowns to offset the cost-of-living crisis, according to new research from the Retail...
Boohoo to create 5,000 jobs in expansion plans
Online retailer boohoo has announced plans to create 5,000 jobs by expanding its warehouse and building new IT systems over the next five years.
The...
Pawnbroker H&T sees profits fall despite Covid-inspired economic slump
Profits at the UK’s biggest pawnbroker, H&T, slumped by 22% in 2020 as the pandemic saw fewer customers needing to sell their assets, the...
Kingfisher to reveal jump in sales
Kingfisher is set to reveal another jump in sales next week as it continues to ride the DIY wave that swept the UK during...
‘Boom time for Boohoo’ as online retailer to unveil soaring lockdown sales
Boohoo is expected to reveal a surge in sales as house-bound shoppers swapped dresses for jogging bottoms.
The online retailer will also unveil the initial...
Secret Sales doubles Black Friday turnover year on year
Secret Sales has doubled Black Friday turnover year on year, bucking the wider online retail industry downturn during the annual shopping event.
The premium ecommerce...
M&S tumbles to £201m loss after pandemic batters clothing and home sales
Marks & Spencer has swung to a hefty loss for the past year following pandemic store closures as bosses said the business has moved...
Kester Capital Sells UK’s Second Largest Pet Retailer, Jollyes, to TDR Capital
Kester Capital, a UK lower mid-market private equity firm, today announced an agreement to sell its portfolio business, Jollyes Retail Group Limited ("Jollyes"), to...
Selfridges appoints Managing Director
Selfridges & Co have today announced the appointment of Andrew Keith as Managing Director.
Andrew Keith has been President of Asia’s premier department store, Lane...
Shoppers shun hospitality in favour of supermarkets in December
Households shunned pubs, restaurants and bars in December as the rise of the Omicron variant saw people spending near-record amounts in supermarkets and celebrating...
