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Sportswear retailer Sports Direct have increased its share in department store chain Debenhams, upping its stake from 13.38% to 16.09%. This follows the company investing in shares of other rival brands such as JD Sports, House of Fraser and most recently an 11% stake in French Connection. Sports Direct currently...

Food wholesaler Booker have announced that in the three months to March 24th, like-for-like tobacco sales fell by 7.5% whilst overall sales rose by 0.7%. The ban on displaying tobacco products at the point of sale was expanded from larger stores to smaller ones back in 2015, and the drop...

A survey has been released that suggests that more than 40% of UK games businesses are considering moving away from the UK in the wake of Brexit. Some 98% of people surveyed suggested EU nationals who have skills should have a right to work in the UK after Brexit is...

The Federal Statistics Office stated that German retail sales rose by 1.8% in the month of February, with the figures being up on the previous month but down when compared to sales figures last year. This figure beats expectations for the month by a total of 1.1% however sends mixed...

Retailer H&M has announced plans to open a new store in Westfield Stratford shopping centre, due to open on April 21st. The store is set to have a 5,074sq ft shop floor, over three floors sporting the full-range of fashion, homeware and beauty ranges. The company now has over 260...

Ahead of its impending merger with Tesco, food wholesaler Booker published fourth quarter sales figures which saw a 0.7% increase in like-for-like sales, pushing total sales up by 0.5% for the 12 weeks up to March 24th. The group’s Londis and Budgens brands had positive sales figures in the quarter...

Amazon’s cashier-less grocery shop has experienced some bugs during its beta testing phase in its employee only store in Seattle. According to the Wall Street Journal, the technology that enables customers to be tracked and purchase items without the need of a till seems to have difficulty tracking when there...

Sports Direct employees who were underpaid during the minimum wage controversy that surrounded the company, have not yet received back pay that they are owed for their shifts. Last August, an agreement was made to reimburse workers with roughly £11m after the payment practices were exposed. The payments were backdated...

Digital retailer GAME have announced that pre-tax profits fell by 39%, down to £16.9m in the 26 weeks to January 28th. Much of this was caused by a weak line-up of games over the Christmas period, as well as declining hardware sales. However, the company believes that products such as...

The Intu Merry Hill shopping centre will be the first location in the West Midlands in which watch brand Tag Heuer will open a store. It comes after a £100m investment and refurbishment was announced for the shopping centre, with the store to be adjoined to the already established on...