Sports Direct owner Frasers Group is expected to unveil an “upbeat” trading update amid hopes its sales will have rebounded strongly after the reopening of high street stores.
In April, the Mike Ashley-led retail giant was cautious in its outlook despite the reopening of retailers across the UK.
The company warned it could take a £200 million hit from the impact...
Victoria’s Secret UK has moved out of administration and into liquidation. The UK arm of the lingerie retailer went into administration last year.
A spokesman for administrators Teneo said a judge has approved a move into liquidation He said the move would enable dividends to be paid to creditors.
Judge Sally Barber considered the case at a hearing in the Insolvency...
Pets at Home continues to benefit from the huge boom in pet ownership during the Covid-19 pandemic with bosses predicting profits will be up nearly 50% compared with a year ago.
The retailer revealed sales jumped 25.7% in the 16 weeks to July 15 to £377.8 million with customers trading up to more premium products and making use of the...
UK retailers have reported another strong month of sales growth but saw stock levels slump to a new record low, according to fresh data.
The latest retail sales research from the Confederation of British Industry (CBI) said sector sales for July were ahead of expectations as they showed a marginal slowdown from June, which had seen the fastest rise since...
Selfridges’ billionaire owners, the Weston family, have launched a formal auction to sell the historic department store business.
It is understood that advisers at Credit Suisse will start looking for a buyer, with the company valued at as much as £4 billion.
They will send out information memoranda – documents used to pitch the target to potential bidders – to begin...
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 Council, with rent of £900,000 a year, and expects to move in next summer.
The relocation to 101 Cleveland Street, in Fitzrovia, marks a significant shift for the retailer, which has been based in King’s Cross...
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 models, according to research.
Barclays Corporate Banking found that consumers have returned to physical stores with confidence since restrictions began to ease, with 68% saying they have felt safe, or very safe, to return to the...
Leading performance marketing engine, Wunderkind (formerly BounceX), is launching a new London HQ to underpin its ambitious European expansion plans. The move follows a period of rapid, accelerated growth that has seen its monthly recurring revenues (MRR) in the EMEA region increase 70% year-on-year.
Supporting this expansion will be the recruitment of new talent, with a raft of new full-time...
It is no secret that all workplaces should maintain a high level of hygiene for both employees and visitors. Hygiene is hugely important in all workplaces as it helps to contribute to a healthy workforce.
There are some steps that your business should be taking in order to maintain an excellent level of hygiene in the workplace. Here are four...
Many businesses have moved on using a national window cleaning service rather than doing it themselves for a number of reasons. Here are some benefits of switching over.
Helps Improve The Look Of Your Business
At the end of the day, a window cleaners’ main purpose is to clean your windows so that they are clean. From a businesses point of...