020 7432 8855 to advertise
Zara is posed to open a new flagship store in Oxford’s newly regenerated Westgate Shopping Centre almost doubling the size of its current site in the city. The 39,500sq ft store is due to open later this year and will span across three-storeys in the North Arcade of Westgate. The fashion...
Online fashion retailer Asos has increased its first half retail sales by 27% as it accelerates its investment in its distribution and logistics operations. In the six months to 28 February, the retailer achieved sales growth of 22% in the UK and 31% in its international markets. Meanwhile, pre-tax profit rose by...
Jack Wills has signed up for a 5000sq ft store at Intu Watford’s new extension, adding to the list of major retailers poised to open at the shopping centre. Intu Watford’s £180 million expansion is due to open its first phase in October 2018, and has already confirmed a 113,000sq ft...
Tesco has posted a surge in annual profits and earnings as it hailed a year of “strong progress” after more than two consecutive years of rising sales. For the financial year ending February 24, the UK’s biggest retailer recorded a 28.4 spike in operating profit before exceptional items to £1.64 billion. The...
Retail sales have seen an increase in March despite the 'Beast from the East'. Figures from the British Retail Consortium and KPMG in their monthly sales monitor also show that total sales rose by 2.3%. Helen Dickinson, BRC chief executive, said: “March paints a volatile picture for sales, which experienced peaks and...
Asos is planning to launch its first own-brand homeware range, after quietly expanding its non-clothing offering. Customers can already purchase homeware brands from Asos’ website (such as candles, trinkets, cushions, lampshades and rugs) but the online retail giant is in the process of hiring designers to develop its new Asos Homeware...
Iceland has just become the first supermarket in the UK to pledge removing palm oil as an ingredient from its own-brand foods. The retailer said it would work to ensure 130 of its own-brand food products will completely remove palm oil from its list of ingredients by the end of the...
Waitrose has announced plans to end the use of disposable coffee cups from its shops in a bid to reduce plastic and packaging waste and stop millions going into landfill. The retailer expects the removal of disposal coffee cups (which are made of a mixture of paper and plastic and so...
Homebase could soon be bought from its struggling Australian owner Wesfarmers as interested private equity firms begin to circle. According to the Press Association, firms including Hilco, Endless, Lion Capital and even discount retailer B&M are considering putting forward an offer for the DIY firm. This follows recent reports that bank Lazard...
Urban Outfitters Inc has announced that David McCreight, chief executive of Anthropologie Group, will be leaving the business towards the end of this month. Following his departure, Hillary Super, Anthropologie group president for apparel and accessories, will lead the brand alongside Andrew Carnie, Anthropologie group president for home, garden and international. Chief...
Why not sign up for daily news emails?
