UK café chain Patisserie Valerie’s parent company Patisserie Holdings has sold its sister brand Baker & Spice has been sold for £2.5m.
UK home furnishing retailer Dunelm Group has today announced improved half first (H1) figures for its 2018/19 financial year, which increased 24% over the same period last year.
UK department store chain Debenhams has secured a £40m loan from its existing lenders, giving it more time to organise a long-term turnaround plan.
Data and analytics company GlobalData has predicted Valentine’s Day spending in the UK will be worth over £1bn this year – up to 0.7% higher than in 2018.
Billionaire retail entrepreneur Mike Ashley has cancelled his bid for collapsed UK café chain Patisserie Valerie.
US-based retail stores chain Shopko has announced plans to close an additional 139 of its stores.
Sportswear and footwear retailer Foot Locker is investing $100m in GOAT Group, operator of secondary footwear marketplaces GOAT and Flight Club
Ikea, the world’s largest furniture retailer, has announced it will start a trial of furniture leasing this month in the hope of shaking up its business strategy.
Major UK retailers are failing to commit to sustainable fashion practices, according to an audit by the Environmental Audit Committee (EAC), a House of Commons select committee.
US-based consumer electronics and wireless services retailer GameStop has scrapped plans to sell the company as part of the review of its strategic and financial alternatives.