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...
Supermarket bosses made CBEs for food supply chain efforts
The boss of the Co-op and a former chief of Asda have received honours for their actions to keep shelves stocked across the country...
‘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...
Forever 21 enters metaverse with Roblox store
The brand is partnering with metaverse creation company Virtual Brand Group to build a fashion retail experience on Roblox. Called “Forever 21 Shop City,”...
Pret told to review drink subscription adverts after complaints
Sandwich and coffee chain Pret a Manger has been told that it should look at how it advertises its monthly subscription service after reports...
Landsec signs five new leading brands at Trinity
Landsec has announced that five leading retail and lifestyle brands have joined Trinity in Leeds, as part of its drive to secure regional debuts,...
FLANNELS opens new luxury store in Hertfordshire
Frasers Group plc has opened the doors to its latest FLANNELS store in Hertfordshire. The luxury retailer continues with the commitment to investing in...
Nespresso is creating an enchanting phygital experience for the senses
This year for its annual festive campaign, Nespresso is collaborating with the Colombian fashion designer and artist Johanna Ortiz: Under the creative idea "Gifts...