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According to the latest Barclays Corporate Banking Online Retail Report, online shoppers abandon as much as £3.4bn worth of goods in their virtual shopping baskets. Much of this wastage was attributed to device switching, with consumers often browsing on mobile devices prior to switching to laptops to make purchases. Head...

The fall in the value of the pound resulted in more Brits choosing to holiday domestically this summer, leading to cycling and motor accessories company Halfords to record increased sales for the summer. In the 20 weeks to August 18th, there was a 4.8% rise in revenue for the company,...

Year-on-year sales for John Lewis were down by 0.5% last week despite several in-store departments performing well. Home sales were down 5.5% in the week, however much of this was attributed to the annualising of price match promotions in the same week last year. Other departments, including beds, outdoor living,...

After acquiring Australian beauty brand RY last month, The Hut Group is close to completing an £100m deal for skincare and spa brand, ESPA. The brands products are sold in a vast range of high street stores such as Harvey Nichols and John Lewis. The deal comes as The Hut...

Women’s fashion brand Little Mistress is due to open its first location in the UK and whilst the first store is yet to be announced, it is expected to open in Westfield London, Westfield Stratford City and Intu Lakeside in Essex before the end of the year. Mark Ashton, chief...

Luxury brand Burberry are to relocate its existing Knightsbridge store on Brompton road to a site at No.1 Sloane Street. The new location will consolidate the twin men and women’s stores, creating a site that consists of a mix of retail, Grade A office accommodation, 35 residential rental apartments and...

Despite fears that Brexit could hamper future growth of the manufacturing industry, currently the weakened pound is causing an uptake in exports. The retail industry also saw a recent resurgence during the three months to August, which saw food sales increase 1.8% on a like-for-like basis, as growth in other...

Eyewear and sunglasses brand Finlay & Co. is set to open its first ever store, with a 650 sq ft experiential shop located in Carnaby. The store will sell the brands best-selling frames as well as a curated edit of ten other independent eyewear brands from around the world. The...

After almost five years in the position, New Look’s chief executive Anders Kristiansen has stepped down from the role, with New Look’s managing director UK & ROI, Danny Barrasso, being appointed as interim chief executive with immediate effect. Speaking on the announcement, New Look chairman John Gnodde added, "On behalf...

The St David’s Partnership, owners of St David’s in Cardiff, one of the UK’s premier retail and leisure destinations, confirms that celebrated British car brand MG, is to launch its first retail boutique experience outside London at St David’s in early September, the first of its type in Wales. In...