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The latest news from the retail industry

Virgin Money to close 31 branches

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Virgin Money has announced plans to close 31 stores with the loss of around 112 jobs. Bosses said the move comes as more customers switched...

IKEA Hosts Inaugural ‘Car Boot’ Sale in Milton Keynes This Weekend

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IKEA is opening its carpark to the Milton Keynes community this weekend for a fun car boot sale to support customers in prolonging the...

Chanel chooses former Unilever boss Leena Nair as new CEO

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The luxury fashion house Chanel has chosen Leena Nair, an industry outsider from India and long-time executive at Unilever, to be its new CEO. Analysts...

cardfactory opens first store in the Middle East

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Cardfactory, a top UK greeting card and gift retailer, has opened its first store in the Middle East. This new store, located at the...

FREITAG Shuts Down Sales on Black Friday to Promote Sustainable Consumption

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In a bold move that challenges the consumer frenzy associated with Black Friday, Zurich-based bag manufacturer FREITAG is shutting down its online store and...

Ex-Tesco boss ‘humbled to get knighthood on behalf of food industry heroes’

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Tesco’s former chief executive has said he feels “honoured and humbled” to have received a knighthood on behalf of people in the food industry...

Weird Fish appoints David Butler as Chief Executive Officer

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Weird Fish, the UK lifestyle clothing brand, today announces the appointment of David Butler as its new chief executive officer. David has significant multi-channel retail...

UK’s frontline retail teams to be celebrated with return of ‘Proud of My Store’...

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A competition to celebrate the exceptional people working in store teams around the country has launched for a second year, to share and reward...

Pandemic brings spending one kilometre closer to home

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The coronavirus pandemic has typically pulled people’s spending around a kilometre closer to their homes, analysis by a bank of its customers’ behaviour has...

Ted Baker set to slide to £65m loss after dive in store sales

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Ted Baker is expected to tumble to a £65 million loss after sales were slashed by the pandemic. The enforced closure of bricks and mortar...

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