Claire’s UK to close 145 stores amid administration
Claire’s UK and Ireland operations have entered administration, prompting the permanent closure of 145 stores that were excluded from a…
All articles by Mohamed Dabo
Mohamed Dabo
Mohamed Dabo is a seasoned journalist with extensive experience in financial reporting. He brings a wealth of knowledge from his previous work in the United States and France, along with his numerous contributions to business and financial publications over the years.
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Rite Aid shutters all stores after 63 years
Rite Aid, once a prominent name in American pharmacy retail, has officially closed all of its remaining 1,240 stores nationwide.…
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Night markets drive Taiwan retail tourism
A recent survey by Taiwan's Tourism Administration reveals that 85% of international visitors include night markets in their travel plans,…
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Retailers urge US Congress to reopen government before holidays
Retail industry leaders have called on the US Congress to swiftly end the ongoing federal government shutdown, warning that prolonged…
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UK packaging tax likely to push costs onto consumers, warns retail body
New figures from the British Retail Consortium (BRC) suggest that over 80 per cent of the additional cost incurred by…
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Non-food deflation ends as UK shop prices climb in September
Retailers and consumers are confronting renewed inflationary pressure, after the British Retail Consortium (BRC) and NIQ reported shop price inflation…
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Report finds UK retailers unprepared for environmental risks
A new report from the British Retail Consortium (BRC) warns that UK retailers are not yet ready to tackle environmental…
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UK commits £5bn to revitalise shops and communities
The British government has launched a £5bn programme to help struggling town centres, shops and public spaces recover after years…
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Amazon to pay $2.5bn over Prime sign-up and cancellation practices
Amazon has agreed to a $2.5bn settlement with the US Federal Trade Commission (FTC) after allegations it enrolled customers in…
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Major UK retailers announce store closures
Several major UK retailers are closing stores this week as rising operational costs and changes in shopping habits put pressure…