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Analysts have noted that it is too soon to ascertain whether the slowdown of consumer credit growth in July was due to falling confidence of shoppers or the restraints placed on banks. Despite this, it has been said that no matter which way you look at the figures they are...

In the 13 weeks to August 27th, like-for-like performance in recently acquired and converted stores was up 2.6%, following the successful integration of 298 convenience stores which were acquired from the Co-Operative Group. Jonathan Miller, chief executive of McColl’s commented on the performance, noting that the “newly integrated convenience stores...

The company’s like-for-like retail sales grew by 3.5% in the six months to June 30th, with growth across most regions. Revenue grew by 16.5% meaning total revenue stood at £201.6m, however with constant currency revenue grew by 4.5%. Speaking on the figures, chief executive of Jimmy Choo, Pierre Dennis, added,...

The budget clothing retailer has committed to a new store amidst a £74m transformation for the shopping centre. The location is set to open in 2019, taking the space which was previously occupied by BHS Home and will be amongst other notable brands such as Sea Life Manchester, Legoland Discovery...

Dunelm chief executive John Browett has announced that he will step down from his role, citing “personal reasons” as his reason for leaving. Speaking on his decision, he said "I am pleased to have led the development of Dunelm over the last few years and feel that we have achieved...

According to a new report from Citizens Advice, credit card lenders appear to be targeting those struggling with debt. The report suggested that as many as one in five people struggling with their debts had their credit card limit raised without them requesting it. There has been calls for the...

The American fashion brand is set to continue with its expansion into the Middle East with a new store opening in the Red Sea Mall in Jeddah. The opening comes as part of a franchise agreement between Majid Al Futtaim Fashion and Abercrombie & Fitch, with the store to offer...

Recent figures from The Local Data Company have revealed that 96 former BHS stores remain unoccupied after the company closed last year. According to Matthew Hopkinson, director at LDC, these figures are not surprising, noting that "many of these stores are large stores over multiple floors and after being occupied...

According to figures from a recent consumer research survey, almost 40% of consumers do not wait more than ten seconds for a site to load before navigating away, with 11% not even waiting five seconds. This data shows an increase in the demand for quality shopping experience online as technological...

Beginning in July 2015, the station’s £13 million Paddington Lawn upgrade, includes 16 new-and-improved retail units. Commenting on the additions, commercial director of retail for Network Rail Hamish Kiernan said, “As footfall figures and retail sales at Network Rail managed stations continue to rise, the completion of Paddington Lawn gives...