More than 24,000 B and M workers to get bonus after bumper Christmas
More than 24,000 staff at discount retailer B&M are to get an extra week’s wage for their “considerable efforts” as the group hiked its...
Poundland steps up expansion
Poundland is to open four new flagship outlets and extend its chilled and frozen food line as it defies challenging retail conditions to accelerate...
Boots owner beats expectations as UK pharmacy chain strengthens
Boots owner Walgreens Boots Alliance (WBA) said it has exceeded its expectations for the latest quarter as it was buoyed by a strong showing...
Omicron and work-from-home advice cut December shopper footfall
Much of the progress made in attracting shoppers back to stores was wiped out in December amid surging Omicron cases and new work-from-home advice,...
Deadline to implement Strong Customer Authentication fast approaching
Retailers with an online presence need to ensure they fully support Strong Customer Authentication (SCA) by 14 March 2022 or risk customer purchases being...
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...
Selfridges sold to Thai and Austrian billionaires in £4bn deal
Historic retailer Selfridges has been bought in a roughly £4 billion deal by a partnership of Thai and Austrian billionaires.
The deal spells the end...
Ikea confirms 10% price hike in UK stores due to Covid
Flatpack furniture specialist Ikea has confirmed it has increased the average price of products in its UK stores by 10% due to rising supply...
Leisure boom and flexible landlords boost future of UK high streets
Demand for property outside traditional retail and pragmatic landlords have given “renewed optimism” for some high streets and shopping districts despite the toll of...
‘Shift in behaviour’ as high street footfall rises on New Year’s Eve
New Year’s Eve saw a “shift in behaviour” from the cautious attitude of shoppers ahead of Christmas, as high street footfall rose, retail experts...