Topshop has confirmed that it will be opening its first standalone store in Germany next month. The debut store, which will be situated in Galeria Kaufhof in Alexanderplatz, Berlin, is the first of its kind and comes three years after the idea of expansion in the German market was mooted. The...
The head of John Lewis is to leave the business in order to become the Tory party candidate for the Mayor of the West Midlands. Andy Street, who has been with the company 30 years, nine of which he has spent at the head of the company, will go up against...
Nisa has reported that trade has been boosted by strong sales in fresh produce, pushing first-half sales up by 1.1% to £666 million. In the six months to 2nd October, adjusted earnings were £4.2 million compared to £3.3 million in the same period last year. Nisa also returned to profitable growth in...
High street fashion retailer PEP&CO has revealed the additional locations where it is looking to open new stores in the next few months. This comes after its 'scale-from-scratch' launch of 50 stores in just over 50 days last summer. The brand plans to open new stores in Edmonton, Rugby, Hull -...
Luxury fashion brand Wolf & Badger has said that the Brexit vote has prompted it to focus on its US operations and halt expansion in the UK. Co-founder George Graham said: “With Brexit looming and the UK entering a period of uncertainty, we are extremely pleased to be entering the US...
The Serious Fraud Office has ratcheted up its investigation into the collapse of BHS by contacting former senior management and administrators asking for documents dating back 13 months before the chain collapsed. The SFO is currently exploring whether to launch a formal investigation into the collapse of the chain and what...
Customers are spending £4.9 billion less online because there is a lack of delivery options, according to a new study. Online delivery service Stuart has predicted that customers would spend an average of £168 per person more if retailers offered better delivery options in its new Untapped Goldmine study. The study also...
Supermarket giant Lidl has said that after July 2017, it will stop selling single use carrier bags. The move is estimated to save 63 million plastic bags a year, equalling approximately 760 tons of plastic. Since the success of the 5p charge for a bag, figures have dropped massively, with under half...
The ex-chief financial officer from New Look, Mike Iddon will be joining Pets at Home in October and will be replacing Mark Adams, the interim group chief financial officer, who will be leaving towards the end of November. Having left New Look in March, Mr Iddon previously held a number...
Menswear retailer Moss Bros has seen a surge in its half-year profits, driven by improved strategy for sales and targeted promotions. Figures show that pre-tax profit increased 30% to £3.7 million in the 26 weeks to 30th July. Meanwhile, like-for-like sales rose 4.9%, hire like-for-likes grew 2.8% and total sales increased...
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