‘There’s only room for one department store in cities outside of London’
Fenwick CEO: Cities can only support one department store // Fenwick CEO John Edgar says that cities other than London can only support one department […]
The moves that matter: Retail’s biggest hires in April
Retail Gazette and executive search firm Oresa round up the biggest people moves of the month in April Ted Baker CEO Rachel Osborne is to […]
Tesco, M&S and Ocado join forces as they sign up to Compostable Coalition UK
Representatives from Marks and Spencer, Tesco and Ocado have all joined Compostable Coalition UK // The Closing the Loop for Compostable packaging project will explore […]
In pictures: Tag Heuer reopens London flagship boutique
// Tag Heuer reopens its London Oxford Street flagship boutique // The 102sqm store has been given a motor-racing makeover to celebrate the brand’s history Tag […]
Surfdome owner rescued from administration by BrandAlley, saving over 125 jobs
// Surfdome owner Internet Fusion Group has been bought by online retailer BrandAlley // Alongside IFG’s intellectual property BrandAlley is also acquiring the logistics operation […]
Sainsbury’s promises new entry price push as it expands Nectar Prices
Sainsbury’s promises new entry prices push // Sainsbury’s is to push Nectar prices “further and faster” with plans to bring it online // The grocer […]
Westfield acquires Hammerson’s Croydon JV stake
// Unibail-Rodamco-Westfield acquires the outstanding share of the Croydon shopping centre redevelopment // The deal puts an end to the JV with Hammerson, which it partnered […]
Data: Aldi market share tops 10% as discounters in demand
// Aldi and Lidl “biggest beneficiaries” of soaring demand for own-label ranges, Kantar figures show // Aldi secures double-digit market share for the first time […]
Gymshark profits plummet due to soaring operational costs
// Gymshark profits slip due to soaring operational and production costs // The activewear retailer posted full-year pre-tax profits dropped 39% to £27.8m Gymshark’s full-year profits […]
As losses widen, how much is the business really worth?
// On Tuesday, THG posted £500 million in operating losses, just hours after it received a preliminary offer from private equity giant Apollo Global Management, […]