Wednesday, July 24, 2019

Barneys the latest dinosaur of retail sector to explore bankruptcy

The luxury department store Barneys New York is exploring a bankruptcy filing as it struggles with high rents and changing consumer tastes, people...

Are British shoppers finally ditching skinny jeans?

They are the fashion trend that has refused to die, but there are signs that 20 years after Kate Moss and a selection...

'Jeansgate' exposes Marks and Spencer's deeper fashion flaw

The sacking of Marks & Spencer’s clothing supremo this week ensured Jill McDonald became the first high-profile casualty of a more ruthless regime...

Retailers take alternative approach to leases

Shopping centre and high-street landlords have been asked to lower rents on unprofitable stores as struggling retailers seek ways to keep their businesses...

Arthur Ryan, 1935-2019, retailer

Go into any Primark store — or Penneys, as it is called in Ireland — and you will find rail upon rail of...

Coles relaunches Little Shop promotion despite criticism over plastic waste

Coles is relaunching its Little Shop promotion with 30 new mini replicas, despite ongoing criticism from environmental groups about plastic waste. The promotion helped...

M&S loses fourth clothing boss in a decade

Marks and Spencer has lost its fourth clothing chief in a decade as the British retailer struggles to turn round the business and...

What did ousted M&S clothing boss change at the embattled retailer?

Jill McDonald’s tenure reacted to customer demands but its delivery came unstuck Taking on the top fashion job at M&S was never going...

Arthur Ryan obituary

Arthur Ryan was scarcely a household name in the UK but his products – and brown paper shopping bags – are visible everywhere....

Future of M&S fashion boss Jill McDonald in doubt

Marks & Spencer’s fashion boss is expected to leave the company after failing to stop the rot at its struggling clothing business. The departure...

Fast fashion: Britons to buy 50m 'throwaway outfits' this summer

Britons will spend £2.7bn this summer on more than 50m summer outfits that will be worn only once, a poll reveals. By far the...

Public urged to stop buying fire-risk fridges and freezers

A consumer group is urging Britons not to buy potentially flammable plastic-backed fridges and freezers as stringent tests that effectively ban new ones...

Dunkerton's Superdry revolution becomes merely 'stabilisation'

Three months after founder Julian Dunkerton returned to Superdry via a spectacular boardroom coup, the tone of triumph has been replaced by sober...

Whirlpool to issue UK recall of all unmodified tumble dryers

Whirlpool is to issue a product recall of tumble dryers that have yet to be modified, the Office for Product Safety and Standards...

Returning Superdry founder warns of hard times ahead

The returning founder of Superdry warned it would take time to fix the struggling British fashion group after a £130m charge for poorly...

Superdry warns of further tough times after suffering loss

Casualwear retailer Superdry has warned it is facing further tough times after a year turmoil marked by a swing into a loss and...

Ocado says fire at robotic warehouse cost it more than £100m

Ocado has said the fire at its hi-tech warehouse earlier this year cost it more than £100m. The online grocer fell to a headline...

Ocado reveals £100m blow from warehouse fire

A savage blaze that ripped through one of Ocado’s major warehouses earlier in the year has cost the online grocer and technology provider...

The big scoop: what a day with an ice-cream man taught me about modern...

You are only allowed to play the ice-cream jingle for a maximum of 12 seconds, when the van is approaching its destination. But...

Retail sales suffer ‘worst June on record’

UK retail sales experienced their “worst June on record”, according to a key industry body, as uncertainty over Brexit continued to affect the...

Consumer spending at weakest since mid-90s amid Brexit chaos – BRC

Fears that Britain’s economy has come to a standstill have been heightened by a report from retailers showing annual consumer spending at its...

Half of UK retail sales will be online within 10 years, report predicts

Online shopping could more than double its share of the retail market by 2028, according to a report that spells further difficulties for...

Founder of UK budget fashion behemoth Primark dies

Arthur Ryan, the founder of the UK high street retailer Primark, has died at the age of 83 following a short illness, the...

Jack Wills appoints advisers to assess all options – including sale

Preppy fashion brand Jack Wills has appointed advisers to look at all options for its future, including a potential sale, as it suffers...

British Airways fine shows GDPR has given watchdogs teeth | Nils Pratley

British Airways is “surprised and disappointed” that it could be fined £183m by the Information Commissioner’s Office (ICO) for a data breach, according...

Amazon is 25 – let’s burst its birthday balloon | Julian Baggini

As any hormonal Catholic teenage boy knows, it’s perfectly possible to believe something is a grievous sin and yet repeatedly, almost compulsively, do...

Pensions watchdog could go after Philip Green’s overseas assets

The Pensions Regulator could target Sir Philip Green’s overseas assets to secure promised contributions to Arcadia’s pension scheme. Guarantees given by Green and his...

Struggling Superdry tries to get back into fashion | Shane Hickey

With new executives in place and its founder, Julian Dunkerton, returned to the helm, the beleaguered fashion chain Superdry will be back in...

‘I think we’re going under’: fitters fall into debt as Bathstore pulls the plug

The impact of Britain’s high street downturn is not just measured in frontline retail jobs. When the specialist retailer Bathstore collapsed last month,...

Spudulike asks landlords for rent cuts in rescue restructuring

Baked potato specialist Spudulike is seeking landlords’ backing for a rescue restructure involving rent cuts and closures in the latest sign of meltdown...