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The former managing director of Woolworths, Tony Page has stated that he continues to hope the brand may be brought back by current owners, Shop Direct. Woolworths, which went into administration in 2008 after accumulating £400m in debt, has been merged into the Very brand, after operating as an online...

John Lewis released with their weekly sales figures, which show an 11.7% rise in sales with significant improvements across all divisions of the store. Fashion sales, which rose by 10.3%, and electrical sales, which rose by 15.2%, saw some of the biggest increases in performance. Total sales in the week...

Global retailer Amazon stated its intent to offer its retail storefront service to the Australian market for the first time. In an email released by the company, they announced their intent to "bring thousands of new jobs to Australia, millions of dollars in additional investment, and to empower small Australian...

Online retailer Zalando announced that its first quarter revenues saw a significant increase, up by 22-24% from last year. Total revenue in the period amounted to €987m increasing from €971m however, despite the strong figures overall earnings in the period stayed relatively flat. Co-chief executive of Zalando, Rubin Ritter noted...

After the business entered administration last week, the first stores to be closed have now been announced by administrators. Included in these first closures are the Stratford-Upon-Avon, Edinburgh, Bluewater and Belfast stores with total job losses currently at 165. This is in addition to a further 44 redundancies being made...

Fashion brand Bonmarche posted like-for-like sales which were up by 0.7% overall in the 14 weeks up until April 1st. This comes after store like-for-likes fell by 0.5% whilst online sales rose by 15.2%, resulting in like-for-like sales for the year decreasing by 3.8%. Despite this, chief executive Helen Connolly...

Supermarket chain Tesco, has announced its decision to sell its opticians chain in an effort to simplify its business and focus on core operations. Currently, the brand operates in 206 stores in the UK, employing a little over 1,500 workers who will subsequently be transferred over to Vision Express following...

Japanese company Fast Retailing Co Ltd who own fashion brand Uniqlo, have announced significantly improved second quarter with operating profit up by 80%. Total profit came to 42.1bn yen, up from 23.4bn yen the previous year. The figures showed that the company had in fact exceeded the expectations of analysts,...

A boost in exports brought about by the decline in the value of the pound has resulted in a boost in confidence in small firms, according to the Federation of Small Businesses (FSB) Small Business Index (SBI). The latest index stood at 20.0 in the first three months of 2017,...

Sainsbury’s have announced plans to accelerate the rollout of Argos stores in its supermarkets, as part of the integration between the two retailers. The grocery retailer took over both Argos and Home Retail Group last year, costing a total of £1.4bn, and are now committed to opening 250 Argos concessions...