B&M ups profit outlook due to less discounting

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Discount retailer B&M Bargains has revealed profits are now expected to be higher than first thought. The company issued an unexpected update to the stock...

Dunelm gives shareholders £132m payout from bumper year

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Homewares chain Dunelm has announced plans to hand a £132 million payout to shareholders after profits soared despite the pandemic closing stores. But bosses at...

Clothes shoppers ‘looking to buy less but buy better’

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Long-term wearability has become the most important consideration for two-thirds of clothes shoppers, a study suggests. A similar proportion said making environmentally-conscious buying decisions is...

Online sales fell in August as shoppers returned to physical stores

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Online sales fell last month as shoppers returned in droves to physical stores, according to new data. The British Retail Consortium (BRC) and KPMG monthly...

Ted Baker vows to move away from heavy discounting

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Bosses at high street fashion chain Ted Baker have said they will be relying less on heavy promotions and focusing on trying to sell...

Dunelm sales expected to jump after customers redecorate during lockdown

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Dunelm is set to confirm that sales surged by more than a quarter over the past year despite store closures, as locked-down customers spruced...

Asda confirms convenience store rollout as two more executives quit

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Asda has confirmed plans to expand its convenience stores into petrol stations, with 28 launching this year and a further 200 next year. The details...

Nearly 50 shops closed per day in first half of year, research shows

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Almost 50 chain stores per day closed down on British high streets, retail parks and shopping centres in the first half of the year,...

Watchdog says findings back decision to block JD Sports’ Footasylum takeover

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The UK competition regulator has said it still has concerns that JD Sports’ proposed takeover of rival Footasylum could “lead to a worse deal...

Britons splash out over bank holiday weekend as card use hits 21-month high

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Britons used their payment cards more last weekend than at any point since Christmas 2019, before the pandemic struck, according to new data. Barclaycard, which...