DVD-rental Company Blockbuster is to enter administration for a second time, its owner private equity firm Gordon Brothers Europe has confirmed. Blockbuster went into administration for the first time in January, after losing business to online... Read More
The retail industry has experienced something of a boom this year as the economy has taken a turn for the better causing consumer confidence to soar. This has been especially clear in sectors such as electronics and furniture, with shoppers choosing to... Read More
Many retail businesses decided to implement turnaround schemes following tough trading during the recession, and now with consumer confidence on the rise the effects of these plans are beginning to be seen. One of the most impressive turnarounds has been that... Read More
Fashion chain Bonmarché is preparing to float on the London Stock Exchange in November. The retailer, which caters for women over 50, announced that it planned to sell shares on the alternative investment market (Aim) next month, telling investors it was... Read More
Boot brand Dr Martens is in exclusive talks with British private equity firm Permira about a £300m sale of the business. Negotiations are advanced with a sale likely to be announced in the next few weeks, sources have said. The Griggs family of... Read More
While the economy may be improving and consumers have once more begun to spend, small retailers across the country still find themselves struggling to make ends meet. In part, this is due to the internet shopping craze, which has seen consumers browsing the... Read More
Shanghai's Free Trade Zone (FTZ) will be open for business soon, and its property market has been generating a buzz. On September 24, the government released four plots of land to generate transfer income according to the National Business... Read More
Tesco has spent tens of millions relaunching its premium Finest range in the hope of attracting more shoppers who may have stayed away after the horsemeat scandal engulfed the supermarket. Tesco bosses also hope to win business from upmarket rival... Read More
Traditionally, the run up to Christmas is one of the busiest times in the calendar for retailers, with a flood of consumers desperate to get their hands on the year’s must-have gifts. However, during the recession, shoppers tended to spend more cautiously... Read More
Aldi plans to create 6,000 jobs this year after announcing record profits and increasing its market share. The German supermarket has pledged to open 50 new stores in the UK in 2013 after sales soared 40 per cent to £3.9bn in 2012. The retailer said... Read More
