Tuesday, August 20, 2019

Labour to give councils power to seize boarded-up shops

Labour will allow councils to seize abandoned shops to give them a new lease of life as cooperatives or community centres, a policy...

What do we lose when we lose a local bike shop?

In the early 1930s a young William Laker would cycle the 50-odd miles from his home in Kent to Crystal Palace in south...

Sales surge dampens fear of UK recession

A surprise surge in online and high-street sales last month looks set to return the economy to growth, and in so doing...

Bosses force female workers making jeans for Levis and Wrangler into sex, report claims

Women producing jeans for American brands including Levi Strauss, Wrangler and Lee have been forced to sleep with their managers to keep their...

Spend, spend, spend: spirit of Viv Nicholson lives on in high street | Larry...

Viv Nicholson, those with long enough memories may recall, won what was then a small fortune on the football pools in 1961. Asked...

Online shoppers and Amazon Prime Day lift UK retail sales

Online spending bolstered UK retail sales last month, while department stores notched up their first increase this year, as consumers shrugged off Brexit...

UK retail sales unexpectedly jump in July

British retail sales grew unexpectedly in July, helped by the strongest growth in online spending in three years, as the consumer sector continued...

Inverted curve proves White House has won its battle with the Fed

WeWork, the loss-making US office rental company, is planning a stock market launch next month to fund its global expansion. All the signs...

In praise of delivery drivers – those unsung, everyday heroes

Delivery drivers get a bad rap. OK, yes, they leave packages in the strangest places: in bins, under parked cars, with “neighbours” who...

Sports Direct faces race against time as auditor Grant Thornton quits

Sports Direct has less than a month to find a new auditor after Grant Thornton told the embattled retailer that it intends to...

Poundland to sell products priced between 50p and £5

The signs over its shops promise “everything’s £1” but Poundland is breaking with its past with a range of prices stretching from 50p...

UK now a long way from no-deal 'gridlock and chaos' says Next boss

The UK can avoid gridlock and chaos in the case of a no-deal Brexit because Boris Johnson’s government has stepped up preparations, according...

How a no-deal Brexit threatens your weekly food shop

Walk into any British supermarket and you will be surrounded by European products, from Italian cheeses to French wines. Around 30% of all...

UK retailers demand business rate cuts to save high street stores

More than 50 major UK retailers, including Marks & Spencer, Harrods and Iceland, have demanded tax cuts from the government to safeguard the...

Retailers push for overhaul of business rates system

More than 50 British retailers, including some of the biggest names in the industry, on Tuesday urged the government to “fix the broken...

Cauliflowers dwindle in UK as extreme weather takes its toll

Britain is in the grip of a cauliflower crisis, with supermarket shelves emptying after heavy rain destroyed this year’s crop in Lincolnshire, while...

Dr Martens’ vegan range drives 70% profits rise

Dr Martens’ profits soared by 70% in the year to the end of March, thanks to the success of its new “vegan”...

Dr Martens' profits up 70% with success of new 'vegan' range

Profits at Dr Martens surged by 70% in the year to the end of March, boosted by the success of designs such as...

More than half of people aged 65 and over now shop online – ONS

The online shopping revolution has officially become mainstream among the once tech-resistant generation aged 65 and over, with more than half now saying...

Michael Murray says it will take years to transform Sports Direct

Mike Ashley’s future son-in-law, who has been tasked with sprucing up Sports Direct’s leisurewear emporia, says it will take four years to transform...

UK consumers switch to online streaming en masse

Sales of DVDs, CDs and video games plunged by almost a fifth in the three months to the end of June, as consumers...

Britons have spent £4bn stockpiling goods in case of no-deal Brexit

Britons have spent £4bn stockpiling goods in preparation for a possible no-deal Brexit, new research suggests. One in five people are already hoarding food,...

In the retail crisis, the shutters are coming down even in New York

There is a lot to do in Manhattan – but shopping? Maybe not so much these days. Once one of the hottest markets...

Short sellers target bonds to profit from UK retail crisis

Investment banks and hedge funds including New York-based Och-Ziff are betting on the downfall of UK shopping centres, turning their attention to corporate...

Victoria's Secret billionaire says Jeffrey Epstein stole $46m of his money – report

The billionaire behind the Victoria’s Secret lingerie chain has said that financierand accused child abuser Jeffrey Epstein “misappropriated” more than $46m of his...

Makeup for children isn’t harmful – but the assumptions adults make about it can...

John Lewis and Mac Cosmetics have come under fire for advertising a “back to school” makeup masterclass on Facebook, in which school-age pupils...

Sirius shareholders left hoping all the digging won't be down to them | Nils...

What a useful phrase, “current market conditions”. It can be deployed in almost any situation with no need to join the dots between,...

Sweden's Klarna becomes biggest fintech firm in Europe

Klarna, the Swedish payments company with a “shop now, pay later” model, has become the largest private fintech firm in Europe after a...

Boohoo web deal leaves rivals stuck in the middle

Some fashion retailers are known for bold colours; others for neutral classics. Some specialise in cheap casualwear; others in formal tailoring. Some sell...