British fashion retailer New Look is poised to speed up its store closure programme whilst major food producer 2 Sisters pushes supermarkets to absorb substantial cost increases, as the ripple
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British luxury streetwear retailer End Clothing has reported a significant financial downturn, posting a pre-tax loss of £43 million in the year ending March 2023, marking a dramatic shift from
British retailers are bracing for what experts predict will be a record-breaking year of shop closures in 2025, driven by the imminent rise in business rates and persistent economic headwinds.
British businesses are showcasing remarkable optimism for 2025, with fresh survey data revealing that 70% of companies anticipate increased turnover in the coming year, marking a significant rise from 62%
Research emerging from the University of Cambridge suggests artificial intelligence tools are poised to revolutionise how businesses predict and influence consumer decision-making. The study, conducted by the prestigious Leverhulme Centre
The British retail sector faced a devastating blow in 2024 as approximately 170,000 shop workers found themselves without employment, marking a troubling 42% increase from the previous year’s figures. The
The landscape of retail returns is experiencing a seismic shift, with forecasts indicating UK returns will surpass £27 billion this year. ZigZag Global’s data reveals that more than 20% of
In a significant move for the British ecommerce sector, shareholders of THG, formerly The Hut Group, have overwhelmingly supported the demerger of its Ingenuity ecommerce platform, valued at £90 million.
British retailers are grappling with mounting financial pressures as the sector witnessed a stark 25 per cent increase in businesses showing critical distress during the final quarter of 2024. Data
British retailers are confronting a severe economic headwind as the number of businesses facing imminent collapse surged by 25% in the final quarter of 2023. The latest report from insolvency
British kitchenware retailer ProCook has unveiled plans to launch its own range of coffee machines in early 2025, marking a significant expansion of its electrical appliances portfolio. The company, which
Major hedge funds have intensified their short positions against British retailers, anticipating disappointing Christmas trading results amid mounting consumer pressures. The strategic positioning suggests a bearish outlook for the sector
Luxury fragrance retailer Jo Malone London has unveiled ambitious expansion plans to open a dozen new stores across the UK, demonstrating strong confidence in brick-and-mortar retail despite widespread high street
British retailers are bracing for a challenging 2025 following what industry experts describe as a “disastrous” Christmas trading period, with mounting concerns over potential price increases and shop closures across
The employee review platform Glassdoor has uncovered evidence of attempted manipulation of employer ratings for the British discount retailer B&M. The platform has taken the extraordinary measure of displaying a
British footwear retailer Shoe Zone has announced plans to close multiple stores, citing significant cost pressures from recent budget measures implemented by Shadow Chancellor Rachel Reeves. The company’s shares plunged