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Retail

BUSINESS

BHS buyer ‘threatened to kill chain’s chief executive’

Digital Desk -
The man who bought BHS for £1 from Sir Philip Green threatened to kill the high street chain’s chief executive, a parliamentary hearing has...
#EUREF

Retailers ‘felling the pinch’ from Brexit concerns

Digital Desk -
Retailers here have said they are already feeling the pinch caused by the Brexit vote in the UK. Voters will go to the polls to...
BUSINESS

Primark owner posts £466m profit

Digital Desk -
Primark owner Associated British Foods has announced half-year pre-tax profits up 4% to £466m. The company said like-for-like sales at Primark compared to the same...
BUSINESS

Jimmy Choo sales outpace global competition

Digital Desk -
British designer shoe brand Jimmy Choo shrugged off the woes in the luxury goods sector to post higher annual sales and earnings. The group said...
BUSINESS

Online sales through Smartphones breaks 50% barrier

Digital Desk -
The percentage of online retail sales made in the UK through smartphones and tablets has exceeded 50% for the first time, figures show. Mobile devices...
BUSINESS

Spending up by 3.6% on last Christmas

Digital Desk -
Shoppers have increased their spend by almost 4% this Christmas compared to 2014. Figures from Retail Excellence show the seasonal spend is up by 3.6%...
BUSINESS

Retailer predicts 30% drop in earnings after disappointing sales of computer games

Digital Desk -
Retailer GAME Digital became an early Christmas casualty on the UK high street as it warned over profits after being hit by weaker-than-expected sales...
BUSINESS

Retail industry on the rise

Digital Desk -
Retail Sales JuneThe retail industry has continued growing for its 27th consecutive month in June 2015, increasing by 4.0% compared with 2014. Majority of...
BUSINESS

M&S clothing division boss quits

Digital Desk -
The head of Marks & Spencer’s beleaguered clothing division has quit after nearly three decades at the retailer. Shares fell today after John Dixon said...
ECONOMY

Number of shoppers in UK stores falls for second month in a row

Digital Desk -
The number of shoppers visiting UK stores fell for the second month in a row in May, figures show. Footfall was 1% lower last month...
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