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Plans for a 200,000 sq ft development in Rotherham have now been announced, with the location compromising of retail, restaurant and office space. Though the majority of the space will be retail locations, a gym and coffee stores have also been announced as part of the unit. It is expected...

Starting from February 2018, DIY and home improvement retailer B&Q will no longer stock flowering plants grown with pesticides that are harmful to bees. The company announced the decision on the back of several scientific studies which concluded that plants grown with neonicotinoid pesticides in fields deliver harmful doses to...

According to both Barclaycard and the British Retail Consortium, whilst consumer spending was up by 5.5% for the month of April most of this was attributed to essentials such as supermarkets and petrol. Spending in these markets had gone up by 11% year-on-year, signifying the fastest rate of growth since...

Luxury fashion company Coach Inc. are set to acquire competitor Kate Spade, in a deal thought to be worth $2.4bn. Speaking on the move, chief executive of Coach, Victor Luis noted that “The acquisition of Kate Spade is an important step in Coach’s evolution as a customer-focused, multi-brand organization.” The...

Year-on-year online spending has dropped for the first time since September 2013, as consumers are forced to make cutbacks in response to rising store prices and stagnant wage growth. A 0.1% fall was recorded in April, according to payments technology firm Visa. Overall payment figures increased by 0.5% year-on-year, the...

Clothing retail chain Monsoon reported a decrease in full-year profits and sales, with total sales down by 9.2% from £464.9m to £422.1m. In response to the figures, chief executive Paul Allen noted that despite a challenging year for the company, the recent upturn in performance was a clear indicator that...

Fashion retailer H&M have announced a year-on-year increase of 7% in April, matching figures set about in a Reuters poll. Some of the increase was attributed to the brand having over 400 more stores open than in the same period last year, leading to a 1.1% rise in share prices...

Health and beauty retailer Superdrug have announced an expansion to its existing vegan range of products, adding men’s grooming products and a full complement of beauty accessories and makeup brushes. The range now stocks over 130 products, having been developed in collaboration with celebrity makeup artist Cassie Lomas. The commercial...

Clothing retailer Store Twenty One is on the brink of entering administration, following a difficult year during in which the company struggled to make repayments to its lenders, State Bank of India. An intention to appoint administrators notice has been filed by the company as a result of HM Revenue...

Industry veteran, Archie Norman has been appointed as the new chairman of Marks & Spencer’s. The British retailer announced the decision on Friday, with Norman set to begin his new role on September 1st. Previously, he had worked as director of home improvement retailer Kingfisher, supermarket Asda, and as a...