Supermarkets are having a bit of a tricky time in the UK of late, with growing competition from budget rivals and a rising consumer preference for convenience stores forcing the nation’s top chains to somewhat change their game plans. The emphasis is now... Read More
Retail developments are powering on throughout the country in response to the improving economy and investor confidence. However, Shrewsbury’s Riverside development is once more facing issues which have pushed back the completion date of the project, with... Read More
But deal is likely to lead to further pub closures While the financial crisis may be over and Britain is now officially in recovery, certain sectors within British industry continue to struggle to lift profits due to consumers remaining wary of spending... 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 economic recovery intensifies a growing number of British retailers are seeking opportunities overseas in a bid to lift revenues and raise profits whilst consumer confidence is high. Whilst much of this expansion is taking place in markets such as the... Read More
A number of retailers have implemented expansion plans of late as consumer confidence recovers. This tactic has certainly worked for home wares retailer Dunelm Mill, which has seen an impressive 9.9 per cent growth in revenue to £195.4 million in the last... Read More
An interesting new trend has emerged on the high street – while retail and leisure firms continue to invest in growth and open stores, banking chains are increasingly choosing to close branches or alternatively open concessionary outlets in existing retail... 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
