This time last year, the news coming from garden centres and DIY stores was less than positive. A washout summer and a wide choice of sporting events on television drove people indoors, causing sales to drop for both chain and independent brands across the... Read More
Consumer spending is on the up, with retailers enjoying a relative boom in sales after a drought-filled recession. Autumn and winter collections have now hit the shelves of the UK’s top fashion retailers, meaning that a further boost is expected as... Read More
Fashion favourite Next has posted positive first-half results contributing to growing indicators which suggest recovery for the retail sector is in full swing. During the six months to July 2013, pre-tax profits climbed by 8.2 per cent to £271.8... Read More
Supermarket giant Tesco is to lend Investment Company Yucaipa Companies £80 million to take the loss-making Fresh & Easy stores off its hands, marking the end of a six-year struggle to crack the U.S. market. Tesco has confirmed Yucaipa will... Read More
During the recession the appeal for larger, more expensive fashion houses waned as consumers sought clothing which both looked good and adhered to a strict budget. This meant that, while brands such as Mulberry and Burberry struggled to meet sales targets,... Read More
British Land has announced that it has signed an agreement to purchase 50 per cent of SouthGate in Bath from Multi Southgate (LP) Limited for £101 million. The other 50 per cent of the property is owned by Aviva Investors. The acquisition is expected to be... Read More
In recent months popular fashion chains such as Abercrombie and Fitch have posted steadily weakening sales results, harking back to the recession when many retailers failed to meet sales targets. Fortunately, though, other brands have managed to achieve... Read More
Recently it was reported that Oxford Street is on course to smash the £5 billion sales barrier by the end of the year. Yesterday there was a further boost for the street when leading figures from the fashion industry endorsed it as one of the greatest... Read More
John Lewis has become something of a powerhouse in British retailing, with the department store chain consistently achieving record results even at the height of recession. With both department stores and the group’s supermarket chain Waitrose going from... Read More
Following the Christmas trading period, John Lewis staff were delighted to receive a bonus to thank them for all their hard work which saw the department store chain achieving several consecutive weeks of record sales. Now, it seems that the good news for the... Read More
