Klarna, the global banking, payments and shopping service, has reaffirmed its commitment to the UK with a new office in London and larger premises in Manchester as it continues to expand across the country.
Klarna’s announcement follows a year of substantial growth and a $31bn valuation following its most recent $1bn funding round. It now serves over 14 million consumers...
Debenhams has said that its last stores will close on May 15 for the final time as it encouraged shoppers to take advantage of remaining heavy discounts.
The department store chain collapsed at the end of last year, with the closure of all its stores confirmed after Boohoo agreed to only buy its website and brand in a £55 million...
Boohoo has said it is seeing “early rewards” after snapping up Debenhams and three Arcadia brands in rescue deals as it unveiled strong trading for the past year.
The online fashion giant reported a 41% surge in revenues as it benefited from the online shopping boom during lockdown.
The retailer said revenues jumped to £1.74 billion in the year to February...
Following an announcement in December of last year, bespoke fine jewellery brand Vashi will unveil its new flagship store in London’s iconic Covent Garden Piazza on 27th May. As the opening draws near, the brand has revealed more details of how the new store will further Vashi’s mission to transform the fine jewellery shopping experience through key features including...
The 100-sq.m FREITAG store is divided into two zones: the sales area, and the Sweat-Yourself Shop, where DIY-minded consumers can assemble and put the final touches to their own unique items using semi-finished products and tarp remnants from the Factory in Zurich.
According to the article on Retail Focus, the store design is an amazing mix of customer-friendly heights and...
Tesco has bowed further to investor pressure and pledged to boost sales of healthy food and drink across its entire retail group amid calls to help tackle the UK’s obesity crisis.
A consortium of investors, led by responsible investment group ShareAction, cheered a “landmark victory” after Tesco widened the scope of its healthy food promise to cover not just its...
Ikea has launched its delayed “Buy Back” scheme allowing customers to sell their old furniture back to the retailer.
The initiative, originally scheduled to launch in November but postponed due to the second national lockdown in November, is now available across Ikea stores in England.
Customers can earn up to £250 per returned item, which will be given to them in...
The price of cardboard packaging has shot up in recent months as people turned to online shopping, boosting box makers like Smurfit Kappa, the company announced.
Millions of boxes are being shipped each week, bringing everything from food to games and electronics to front doors around the world.
It is a boom which benefits not only online retailers – Amazon’s profit...
Boohoo is expected to reveal a surge in sales as house-bound shoppers swapped dresses for jogging bottoms.
The online retailer will also unveil the initial impact of its rescue deals for the Debenhams and three Arcadia brands – Dorothy Perkins, Burton and Wallis – which it snapped up earlier this year.
Investors will be hopeful that the acquisitions will help to...
Starbucks has launched a hiring spree for 400 roles as the cafe chain has been buoyed by the easing of pandemic restrictions.
The company, which was founded in Seattle 50 years ago, said it is recruiting new staff members across the UK in anticipation of a busy summer period.
Positions will be available across almost 200 sites including city-centre, suburban high...