Internet shopping is doubtlessly one of the key drivers of the recent growth in the retail industry, with more consumers than ever before choosing to have everything from groceries to home ware items delivered straight to their doors or reserving items for... Read More
Europe’s biggest DIY retailer Kingfisher — which already owns French home improvement chains Castorama and Brico Depot — is just days away from sealing its third cross-Channel buy-out after it confirmed it is in exclusive talks to acquire Mr... Read More
As numerous studies have shown, the British public is more than willing to spend excessive amounts on their pets – with many even spending more on their four legged friends at Christmas than on their partner, friends or family. Pets at Home is now seeking... Read More
The retail industry may be recovering slowly but surely, yet picking up bargains where possible is still a priority for most consumers concerned about the cost of living. As a result, outlet stores remain popular shopping destinations. This has been... Read More
While the majority of retailers on UK high streets are seeing a distinct improvement in their fortunes, iconic brand Marks and Spencer is still struggling to hit the right note with consumers. Although its food sales remain strong, the non-food offering has... Read More
A Chinese tycoon has expressed an interest in purchasing British department store House of Fraser. Former government official and multi-millionaire Yuan Yafei approached directors with a £450 million offer for the 165 year old department store with a view... Read More
Carpetright has issued its third profits warning in less than six months. Pre-tax profits for the flooring retailer could fall as low as £3.5m — half of what most City analysts had expected. The company is blaming disastrous winter sales figures —... Read More
Although retailers are experiencing better conditions than were seen during the recession, many are still struggling amidst fluctuating levels of consumer confidence and increasing energy bills. The exception to this rule has so far been home ware and... Read More
As the economy continues to improve, a growing number of high street properties are occupied by hairdressers, nail salons and tanning parlours – demonstrating a renewed willingness on the part of consumers to spend on luxuries and pampering... Read More
Kingfisher, the group which owns B&Q and Screwfix, has posted a set of extremely positive results. According to the group’s annual report, group profits rose by 9.8 per cent to reach £759 million in the 12 months to the end of January, with... Read More
