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Ted Baker quits Ugly Brown Building HQ for Gorgeous Brown Building

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Fashion brand Ted Baker is moving to a new headquarters in central London. The company confirmed it has signed a 10-year lease with Westminster City...

Local high streets to see boom in new stores due to hybrid working –...

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Local high streets could see 17,000 new stores open over the next 12 months as retailers look to take advantage of new hybrid working...

US trade recovery accelerates past China in Q2

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Data from Tradeshift reveals that B2B trade activity across US supply chains accelerated past China in Q2, with the world’s largest economy now setting...

Burberry sales return to pre-pandemic levels despite rich tourists staying away

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Sales at high-end fashion brand Burberry have returned to pre-pandemic levels despite some restrictions for Covid-19 still remaining in place, the company revealed. Bosses said...

Landlord warns no more rent holidays for shopping centre businesses

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Commercial property owner Hammerson has warned its tenants that it will no longer offer rent concessions to hard-hit retailers and businesses. The owner of the...

John Lewis and Waitrose to axe around 1,000 store workers

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The John Lewis Partnership (JLP) has told staff that it is proposing around 1,000 redundancies across its department stores and Waitrose supermarkets. The company said...

Online retail sales slip in June as shoppers return to high street

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Online retail sales slid last month as customer spending was diverted back to the high street following the reopening of stores, according to new...

Superdrug profits slide despite ‘essential’ retailer status

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Superdrug has seen profits plunge nearly 80% during the year despite remaining open as an essential retailer throughout the pandemic. The company said pre-tax profits...

Hotel Chocolat to create 250 jobs as online sales soar

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Hotel Chocolat is set to create 250 new jobs this year as part of expansion plans as the boss revealed online sales are expected...

Record quarter for UK retail sales after strong reopening

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Retail sales have surged by record levels over the past three months as shoppers flocked back to stores following the easing of lockdown restrictions,...