Saturday, October 19, 2019

Poundland seeks to slash rents in run-up to possible flotation

Poundland is seeking to slash rents by a quarter as it renegotiates leases on nearly 90% of its stores over the next five...

How has Brexit vote affected the UK economy? September verdict

Sterling recovery </body></html>"> The pound has recovered some of its value since it dropped in August to a decade-low against the euro of €1.07. Sterling’s...

Number of empty shops in UK at highest level for five years

Britain’s high streets, shopping centres and retail parks have been left with the highest number of empty outlets in five years as chains...

'Haunted' Lego and Fortnite blaster tipped as top Christmas toys

A “haunted” Lego set with a ghost-catching app and a 3D version of the “blaster” guns from the Fortnite video game are predicted...

Rick Owens: 'I love art nouveau. It's super sexy and ominous'

This year, designer Rick Owens and his partner Michèle Lamy went to Mexico for the first time. “I’ve never really explored my Mexican...

Sainsbury’s to close 70 Argos stores as part of reorganisation

Sainsbury’s is to close up to 70 Argos stores and replace them with outlets inside its supermarkets. The closures are part of a reorganisation...

Amazon refuses to stop selling Tommy Robinson merchandise

Amazon has refused to pull merchandise in support of Tommy Robinson after it and other online companies were accused of profiting from products...

Sports Direct makes £4m offer for Goals Soccer Centres

Mike Ashley’s Sports Direct has pounced on Goals Soccer Centres with an offer to buy out the struggling five-a-side football pitch operator for...

Rochdale traders and shoppers despair at loss of historic market

Almost 800 years after Rochdale received the royal charter that made its historic market possible, traders and shoppers have expressed their dismay at...

English councils send bailiffs to 310 firms a day, study reveals

The UK chancellor is being urged to ease the burden of business rates after new figures suggested councils are sending bailiffs to 310...

Fresh blow for Marks & Spencer as finance boss quits

The chief financial officer of Marks & Spencer is stepping down after little more than a year in the job.The high...

Marks & Spencer finance chief to step down

Marks & Spencer’s chief financial officer, Humphrey Singer, is stepping down after little more than a year, weeks after it was announced the...

Student halls and food malls: House of Frasers turn over a new lease

House of Fraser in Wolverhampton is set to be closed down and redeveloped as student housing or lecture halls, as a £3m sale...

Fresh blow for Neil Woodford as mattress maker reports losses

Neil Woodford was dealt another blow when a mattress maker backed by the fallen star fund manager warned of worse-than-expected trading for the...

Ryanair's defence of O'Leary's €99m bonus target doesn't wash | Nils Pratley

How sweet. Ryanair’s board will “consult” with shareholders, even the 49.5% who protested about Michael O’Leary’s potential €99m (£88m) jackpot, and will report...

Give power back to left-behind places | Letter

Thanks to Tony Naylor for his perspicacious analysis of the big challenges facing those trying to regenerate town and city centres in Britain...

Next blames warm weather for slow sales as shares plummet

Next said the recent warm weather had resulted in “disappointing” sales of its new autumn clothing ranges as the latest official data showed...

Next accelerates store openings after rent cuts

Next is to open twice as much new store space this year as it previously expected, having secured big rent reductions on stores...

Next’s no-deal Brexit impact claims will make some see red

Brexit makes many see red (or, in extreme cases, assume the hue). And it seems the pro-Leave chief executive of retailer Next wants...

Debenhams pushes on with shop closures after legal challenge fails

Debenhams is to press ahead with a rescue plan involving the closures of more than 20 stores after fighting off a Sports Direct-backed...

JD Sports' buyout of rival could be bad deal for shoppers, says CMA

The UK’s competition watchdog has said JD Sports’ £90m deal to buy its smaller rival Footasylum could result in higher prices and that...

UK retail sales drop unexpectedly in August

UK retail sales fell in August as online shopping contracted, reversing the boost from major sales promotions in July and raising concerns about...

Tesco fails in accident management over my car insurance claim

Back in May, a Tesco lorry dropped a steel cage on my car while delivering to a Metro store. The back of my...

Cobham sale is a bad deal but not a national security threat

Andrea Leadsom to the rescue? The business secretary has ordered a formal review, on national security grounds, into the proposed £4bn purchase of...

‘They’ve run off with our goods’: anger at Albemarle & Bond HQ

On Cowley Road, Oxford, irate customers of the stricken pawnbroker Albemarle & Bond are locked in a showdown with a private security guard...

Have you been affected by the closure of pawnbroker Albemarle & Bond?

Pawnbroker Albemarle & Bond has been criticised for “woefully inadequate” communication with customers after the company closed its shops and website last Friday....

Japanese parent company pulls plug on Albemarle & Bond over Brexit

The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that its losses would increase after...

French Connection extends deadline to find buyer

Ailing fashion chain French Connection has extended its deadline to find a buyer until the end of January as it revealed further losses...

The Body Shop goes green again with refill stations and 'activist zones'

The Body Shop has opened a UK concept store that aims to mark a return to the activist roots of its late founder,...

Albemarle & Bond criticised after customer helpline is overwhelmed

Pawnbroker Albemarle & Bond has been criticised for “woefully inadequate” communication with customers hoping to retrieve belongings after the company shut its shops...