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Almost 22,000 jobs are on the brink as the UK's High Streets struggle this year. BBC 5 have been tracking shop closures and retail administrations and they found that more than 7,000 people have lost their jobs. On top of that, a further 9,500 roles are planned to go through shop closures, while...
Sports Direct have topped tech titan Apple in a new influential survey as a firm "trailblazing in global commerce". In a new index of the world's top 30 international retailers, Mike Ashley's sports chain came fourth in the list. Sports Direct sent out an announcement to the London Stock Exchange to celebrate. Senior executive...
Amazon are buying online pharmacy PillPack making shares from other pharmaceutical comapnies plummet. Shares in pharmacy chains CVS Health and Walgreens Boots Alliance plunged more than 8% in early trade. The announcement confirmed earlier speculation that Amazon was interested in expanding into healthcare. It expects to complete the deal in the second half of the...
Lidl are looking to create 300 new jobs in and around the Scotland area, this will be coming up in the next 18 months as it continues its development across the UK. The majority of the jobs will be available in the retailer’s new stores located in Paisley, Dumbarton, Giffnock and East Kilbride,...
Irish retail sales have risen this year, Fashion Network have reported Irish retail sales posted annual growth of 4.3 percent in May and were 0.1 percent higher month-on-month, the Central Statistics Office said on Wednesday. Seasonally adjusted, the volume of retail sales increased by 0.1 per cent in the month of May. Excluding...
JD Sports have said they are on track to meet expectations for the full year. In April the company announced record results for the year ended 3 February 2018. Today JD Sports chairman Peter Cowgill said: "The board considers that the group continues to be on track to deliver a result for the full...
John Lewis have stated their new major evolution of strategy “designed to develop and strengthen the business”. Their own-brand line is looking to be a major key in this growth. The company has also announced that it’s maintaining its current, higher, level of investment in product and service innovation for longer. It will continue...
Sales at John Lewis have fallen by 2.2% year-on-year last week as trade slowed at the weekend due to the hot weather. However, the department said its clearance sale got off to a good start. Fashion sales edged down 0.1% despite sales of women’s accessories increasing by 6.8% compared to the...
UNIQLO is to enter the Danish market with a new store in Copenhagen. Due to launch in the spring of 2019, the shop on Strøget will span around 1,400 square metres across three levels and offer the brand’s LifeWear range for men, women and children. Taku Morikawa, chief executive of UNIQLO...
Online fashion retailer Boohoo has been celebrating the launch of a new collection designed in collaboration with Paris Hilton. Boohoo has hosted an exclusive launch party in Paris that featured a DJ set by Hilton herself and a live performance by US rapper Ja Rule. Paris Hilton has co-designed a 70-piece collection...
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