Debenhams credit lifeline: Retailer secures £40m refinancing loan
UK department store chain Debenhams has secured a £40m loan from its existing lenders, giving it more time to organise…
All articles by Deborah Williams
Deborah Williams
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Foot Locker announces $100m investment in sneaker seller GOAT
Sportswear and footwear retailer Foot Locker is investing $100m in GOAT Group, operator of secondary footwear marketplaces GOAT and Flight…
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UK retailers’ mobile phone apps favoured by 70% of 16-24 year olds
Almost 70% of 16-24 year olds prefer using UK retailers’ mobile phone apps over mobile-optimised websites, according to a new…
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BrightHouse closures: retailer to shut 30 stores and cut 350 jobs
The UK’s largest weekly payment household goods retailer BrightHouse has announced that it will close 30 stores resulting in 350…
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HMV bought by Canadian music retailer Sunrise Records
Entertainment retailer HMV has been bought by Canadian music retailer Sunrise Records, saving 100 stores and 1,487 jobs. However, the…
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Ikea to trial furniture leasing in response to profit dip
Ikea, the world’s largest furniture retailer, has announced it will start a trial of furniture leasing this month in the…
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Amazon announces record profit but downbeat sales forecast
Amazon’s net sales increased 20% year-on-year in its fourth-quarter (Q4), but lower-than-expected sales forecasts for Q1 hit share prices. The…
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UK sustainable fashion: major retailers fail in environmental audit
Major UK retailers are failing to commit to sustainable fashion practices, according to a report by the Environmental Audit Committee…
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Retail bosses write to MPs about dangers of a no-deal Brexit
Retailers and the British Retail Consortium (BRC) have written to Members of Parliament (MPs) warning of the dangers to the…
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Morrisons trials paper grocery bags and raises ‘bag for life’ cost
Morrisons is to trial the launch of paper grocery bags and raise the price of its plastic ‘bag for life.’…