Fashion retailer H&M will be relocating its current Covent Garden store on Long Acre to a historic 19th Century warehouse in the new Mercers Walk development off Langley Street. Opening its doors on the 8th December, the new store celebrations will include LED drummers, in store DJs, vintage market stalls, goodie...
The regeneration of Paddington Quarter costing £775 million has been recommended for authorisation that could see the area’s retail division entirely revived. Westminster Council will make a decision on Tuesday whether the transformative development will be approved. The new area will cover 80,000 sq ft of retail space and 4000 new jobs...
It has been announced that Glasgow’s Silverburn has welcomed three new brands, Jack Wills, Kiko Milano and Levi’s. The Jack wills store, which opened in early November covers 326 sq m and offers its full fashion range of outerwear, loungewear, accessories and tailoring for both men and women and is the...
Just days before Christmas luxury retailer Michael Kors will unveil its debut standalone menswear store in Europe in Westfield London. The new store, which is due to open December 15th, will be located next door to Michael Kors’ current womenswear store in the shopping centre. According to Drapers, the store will only...
Shop Director has announced that Jon Rudoe will be joining the company in April 2017 as the retail and technology director. Rudoe who is currently at Sainsbury’s, has held previous positions as head of retail at Ocado and also worked in venture capital and for Bain & Co. In his new position...
DIY retailer Topps Tiles has reported it has reached record sales in its full-year report, however it stays uncertain on how the post-Brexit vote downturn in customer confidence may affect the company in the future. Figures show that sales increased 1.3% to a record £215 million in the 52 weeks to...
John Lewis has reported a record £200m sales in Black Friday week. The week also saw its biggest ever trading day on Friday 25th November. In distribution, its Magna Park centre saw a record day on Saturday when it processed 33% more units than the same day in 2015. On Black Friday,...
It has been reported that the Icelandic bank that own Coast, Warehouse and Oasis, Kaupthing, has entered administration and are seeking buyers for the British brands. Kaupthing, who purchased the brands in 2009 from Mosaic Fashions after they went under during the financial crisis, now need to offload its assets to...
Discount giant Poundland is set to shut 80 stores across the UK following the Steinhoff takeover. Just two months after the difficult £597 million acquisition by Steinhoff, which saw numerous offers and an extended bidding process, Poundland is now set to close a large portion of its 900-store retail estate. The takeover...
Popular furniture retailer Ikea has announced a rise in sales in its full year results, confirming it will still be investing in its UK business despite the Brexit vote. Gillian Drakeford, Ikea’s UK boss, commented that there was “a lot of opportunity” for new stores in the UK despite the EU...
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