John Lewis sales have risen by 8.8% in its first week of its clearance sale. Electrical and home technology sales were up 12.4% as trade was boosted by a 34% uplift in sales of Apple products. The home department had a good week with sales up 8.1%. Outdoor living also performed well...
Joe Browns has chosen Meadowhall for its first ever store opening; the store will be designed by Dalziel and Pow. The 4,000sq ft shop’s opening in the centre’s High Street will coincide with the launch of the brand’s new Autumn Winter 2017 collection of clothing and accessories for men and...
Topps Tiles sees like-for-like sales fall by 4.7% in its third quarter. The company said last year’s changes to Stamp Duty and its impact on the housing market had resulted in less favourable macro-economic conditions. Topps Tiles is now has 367 stores compared to 348 in the previous year. Commenting on the...
Superdry has reported a rise in its full year profits. Revenue was up 27.4% to £752 million as the fashion retailer saw its retail revenue climb by 20.8%. During the year, Supergroup increased its retail footprint by 80 shops to 555 Superdry branded stores across the world. Supergroup chief executive, Euan Sutherland...
With 25 years’ experience of transformational change in customer focused organisations, Michelle Maynard has worked across a number of sectors at companies such as Coca-Cola,British Airways, the AA and Thomas Cook Group. Leading the human resources team across House of Fraser, Ms Maynard will report directly to House of Fraser chief...
Amazon has announced plans for its third annual Prime Day, which include raising the offer time to 30 hours and welcoming small businesses and entrepreneurs. The date has been announced as July 11th and the offers will begin from 6pm the evening before. Last year Prime Day saw a 60% rise in...
According to Gfk’s continued Consumer Confidence Index, confidence dropped by another 10 points in June. Following mixed performances from several retailers in the recent months, the results will provide them with more cause for concern as we approach the summer. Head of market dynamics at GfK, Joe Staton said: “This...
Nisa have completed a deal refinancing its £120m debt facilities, with the deal being provided jointly by HSBC and Wells Fargo. The wholesale retailer noted that the move “provides longer term, cheaper, and more flexible capital for the business to further invest in growth over the next three to five...
Video game retailer Game Digital saw its shares slide after the announcement that full-year profits may be substantially lower than expectations, in the midst of challenging trading traditions. Between low stock of the Nintendo Switch and underwhelming performances in the Xbox and Playstation market. The company added that, “that it...
According to leading commercial property specialist Colliers International, Cornwall has seen retail growth of 2.5% - the highest in England outside London and the South East. Within the region, Falmouth was highlighted in the report as an area that has seen a notable increase in prime retail rent, with a...
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