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Debenhams blames Beast from the East for 85% fall in profits

By Pamela Kokoszka

UK department store Debenhams has blamed an 85% fall in profits on the...

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Debenhams blames Beast from the East for 85% fall in profits

UK department store Debenhams has blamed an 85% fall in profits on the ‘Beast from the East’ cold weather phenomenon, which forced the retailer to temporarily shut almost 100 stores.

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M&S to close Hardwick distribution centre in UK

UK high-street retailer Marks & Spencer (M&S) is set to close its Hardwick distribution centre in Warrington in September this year.

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Free water would lead to more sales, study finds

A YouGov survey commissioned by Brita Professional and environmental charity Keep Britain Tidy found that 64% of UK consumers would be more inclined to make a purchase in a business producing free water for their reusable water bottle.

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ABF blames 30% decline in group profits on falling sugar prices

Associated British Foods (ABF), the owner of discount fashion retailer Primark, has reported a 30% decrease in profits despite increased sales across its businesses during the first half of the financial year.