Online fashion retailer Boohoo has bought Dorothy Perkins, Wallis and Burtons for £25.2million. Around 260 jobs, mainly head office roles, will be saved as they move the brands to Boohoo. These include jobs in design, buying and merchandising, and the businesses’ digital wings. It is believed 2,450 jobs are at risk, as all Arcadia brands’ physical stores are set...
The British Business Bank, the UK’s economic development bank, today announces further details of Pay As You Grow, which helps UK smaller businesses that have taken out a Covid-19 emergency Bounce Back Loan to manage their cashflow and have a better chance of getting back to growth.
Originally announced by the Chancellor of the Exchequer in September 2020, Pay As...
Retailer WHSmith has joined forces with CoreLogic to scan their retail space across their High Street Travel store estate throughout the UK. Using CoreLogic’s Virtual Tours service, the Company can gain a detailed visual representation of the retail sites they are in the process of remodelling, building or have recently acquired.
This capability enables multiple people to visualise the retail...
Retail stores obviously thrive on shifting inventory, but that doesn’t mean they always have the space to store their stock. This is especially the case now that e-commerce is so popular, with many people selling products without even owning a physical store.
To try and combat the storage limitations that can come from being in retail, it’s worth trying some...
Dixons Carphone is to give £1million to support disadvantaged pupils, parents and teachers as part of a longer-term commitment to help end digital poverty in the UK.
The business behind Currys PC World and Carphone Warehouse is working with The Learning Foundation to give £1m to the charity’s Digital Access For All (DAFA) programme to support digital learning. The money...
Greeting cards retailer Card Factory has launched a new app to allow customers to easily access their extensive online product range including thousands of cards, gifts, wrapping paper, balloons and other gifts.
The new app further extends and improves Card Factory customers’ online and digital experience. It follows the relaunch of Card Factory’s website in July,www.cardfactory.co.uk, with an increased product...
Hollister Co., the global teen retailer, today announced its partnership with The Mix, a UK charity dedicated to providing essential support to under 25s, in aid of World Teen Mental Wellness Day on 2nd March 2021. The partnership will kick off with exclusive World Teen Mental Wellness Day products, with 100% of its net profits* in the UK benefitting the nonprofit. World...
In a bold move intended to help in the fight against climate change, one independent retailer is seeking funding to help become the first in the UK to produce a clothing range made from seaweed fibre.
Inland Sea is the brainchild of keen surfer and outdoor enthusiast, Adam Costello. He opened the business in 2017, after being concerned about the...
Reports on the decline of physical retail stores and rise of online shopping have been circulating for years, which has only been worsened by the detrimental impact of the COVID-19 pandemic in 2020. However, as we’ve seen in many recent papers, such as Unibail-Rodamco-Westfield’s How We Shop report which predicts more than half of retail stores will be dedicated...
ASOS has announced it is paying a total of £330m for the Topshop, Topman, Miss Selfridge and HIIT brands, plus stock following the collapse of the Arcadia empire last year.
Around 300 employees will transfer to ASOS, but 70 stores, employing 2,500 people, are not included in the deal.
Chief executive Nick Beighton said: "We are extremely proud to be the...