The Finnieston area of Glasgow has been announced as the location for furniture retailer Sofa.com’s largest showroom to date, covering 7,800 sq ft. This follows stores opening in Islington, Edinburgh, Chelsea, Amsterdam, Bath and Bankside. Glaswegian chief executive, Vince Gunn commented: “I’m absolutely delighted to introduce sofa.com to my home town....
Monsoon owner Peter Simon has said that he will not be taking a dividend until a company-wide restructuring is completed. The group is set to review 141 stores in its estate as well as looking at separating its Monsoon and Accessorize brands. The company reported a pre-tax loss of £155 in 2015,...
Online fashion retailer Missguided is to open its first bricks-and-mortar store in Westfield Stratford this Autumn. According to an interview with fashion trade publication Drapers, chief executive Nitin Passi said that the Westfield store will be the first of three sites which the e-tailer is planning on opening within the next...
H&M Group-owned fashion brands Cos and Monki have announced that they will be opening up storefronts in Bristol’s Cabot Circus before Christmas. The 3500 sq ft shop will be “Scandi-chic/street-style” retailer Monki’s first shop outside of London and will feature “Forgotten Forest” fitting rooms and “Sea of Scallops” scallop-edged counters. Meanwhile, Cos...
It has been announced that The Lexicon Bracknell, a 580,000 sq ft retail, restaurant and leisure destination, has secured five new lettings. Joining retailers such as Marks & Spencer, River Island, Next, Topshop, Fenwick, Primark and H&M will be new comers Beaverbrooks, Footlocker and Smiggle. Vodafone is relocating to a larger...
Sportswear retailer JD Sports is looking to continue its growth plans by taking over its competitors Go Outdoors. Heading up the auction for Go Outdoors will be KPMG as it has been reported that “a number of bidders” are looking to take over the company. The results of the bid will be...
Tesco has announced that it is trialling 24-hour stores along the Victoria and Central lines in order to capitalize on the new Night Tube schedule. Martin Smith, Tesco's London convenience director, said: "London is such a vibrant and exciting place to live, work and visit and the Night Tube provides people...
Thousands of jobs have been saved after the High Court approved a restructure including securing leases at key stores. The move means that Debenhams Ireland will exit examinership and save all eleven stores in the group. Debenhams operates four stores in Dublin, two in Cork, and others in Galway, Limerick, Newbridge, Tralee...
It has been reported that economists are still in dispute as to whether the Olympics have been good or bad for retail. When London held the 2012 games the UK’s economy saw a big impact, with billions of pounds worth of investment in infrastructure and tourism and the BBC reported that...
Online retailer Amazon is continuing its push to create jobs as it reveals a new distribution centre to be opened in Essex in 2017 creating 1500 new jobs. Following on from its announcement only a week ago that it would be opening a new fulfilment centre in Doncaster, the company is...
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