Friday, January 18, 2019

Spending on smartphones overtakes shopping centres

What does the chart show?It shows the top websites last year used by UK consumers for shopping via a smartphone or tablet device.Amazon...

Scottish shopping centre up for sale with reserve price of £1

It’s the kind of price tag usually associated with discount stores such as Poundland, but an entire Scottish shopping centre is to go...

Debenhams rating cut raises fears of creditors going unpaid

Credit agency Moody’s has said Debenhams will struggle to refinance its debts without raising new funds from shareholders as it warned creditors of...

Primark sales defy UK high street gloom

Primark said it gained market share, increased sales and cut down on discounting over Christmas by focusing on the high street and continuing...

Scottish shopping centre’s £1 price tag sign of retail woes

A Scottish shopping centre owned by a global asset manager is up for auction with a starting price of £1, in the latest...

Sears to stay open after chairman wins $5bn bankruptcy auction

Sears will live on at least for now. The company’s chairman and largest shareholder, Eddie Lampert, won a bankruptcy auction for Sears, averting liquidation...

Paperchase considers closing stores amid high street struggles

The cards and stationery retailer Paperchase is considering closing stores via an insolvency procedure, as administrators to HMV struggle to line up buyers. Paperchase,...

M&S to start selling loose fruit and veg in shift away from plastic

Marks & Spencer is to start selling more than 90 lines of loose fruit and vegetables free of all plastic packaging, in a...