Hundreds of the United Kingdom’s largest retail stores may be at risk of closing their doors under proposed government changes to business rates, the British Retail Consortium has cautioned. The
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The chief digital and technology officer of Marks & Spencer, Rachel Higham, has decided to step down from her position, according to an internal memo circulated by the retailer. Higham,
Christmas in Britain would not be the same without indulging in tubs of Quality Street or Celebrations, but 2025 brings unwelcome news for chocolate lovers. A new wave of shrinkflation,
The iconic denim brand Levi’s has sounded the alarm over rising anti-American sentiment and its potential impact on overseas sales. The warning comes as mounting political tensions and trade policies
Close to one billion pounds was erased from the stock market value of some of Britain’s leading retailers on Tuesday as rising anxiety over potential tax hikes and job losses
Boohoo has announced unprecedented annual losses of £348m, marking the steepest deficit in its history. Executives at the online fashion group are grappling with a turbulent period, following a previous
Heathrow Airport’s retail chief Fraser Brown surveys the bustling Terminal 5, where a row of designer shops and high street favourites cater to millions of travellers every year. Terminal 5
Asda has suffered a decline in market share, raising the prospect of being overtaken by Aldi as Britain’s third largest supermarket. New industry figures from Worldpanel show Asda’s sales fell
Claire’s, the retailer renowned for its jewellery and ear piercing kiosks, has entered bankruptcy proceedings in the United States for the second time within seven years. The move comes as
River Island faces an uncertain future after its proposed restructuring plan failed to win support from all classes of creditors in a court-supervised vote. Despite achieving about 80 per cent
Amazon is pushing forward with its ambitions for Britain’s skies, asserting that its aerial delivery drones will produce less noise than traditional delivery vans. The technology giant delivered these reassurances
Next has reported a sharp rise in full-price sales for the thirteen weeks to 26 July, attributing its success to unseasonably warm weather and a disruptive cyber-attack at its major
LVMH, the world’s largest luxury group, has reported a steep downturn in its core fashion and leather goods division, providing a fresh signal that even affluent consumers are scaling back
Leading suppliers have imposed stricter credit terms on Poundland, causing significant stock shortages across its 800-store network. The discount retailer, recently sold to US-based Gordon Brothers for £1, is grappling
In a significant shift within the British retail landscape, John Lewis has surpassed Marks & Spencer to secure the highest customer satisfaction rating amongst UK retailers, whilst its sister company
The recent cyberattack on Marks and Spencer has created an unexpected opportunity for strategic realignment, according to Chief Executive Stuart Machin. The retail giant’s leadership is viewing the disruption as
