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Aldi’s own label Oliver Cromwell London Dry Gin performed well at the International Spirits Challenge. The gin beat out more notable names such as Tanqueray Rangpur and Beefeater London Dry, all of which cost significantly more than the Aldi brand. It is among several other gins to receive the medal,...

In the year up to January 31st, overall revenue for Card Factory grew to £398.2m, up by 4.3%. Despite like-for-like sales increasing by 0.4%, footfall in the stores declined during the year. Online sales for cardfactory.co.uk soared by approximately 50%. The company opened over 50 stores over the year in...

After announcing their intention to open physical stores in the UK, online retailer Amazon have told of plans to create a virtual reality store. The idea has not been officially announced by the company, but sources have suggested that it would utilise already existing VR technology such as Google Cardboard....

Turnaround firm Endless, have made a deal to acquire bootmaker retailer Jones Bootmaker. The company was set to enter administration on Friday, with over 1,000 jobs at risk, however this deal will help save almost 850 jobs. Despite this, 25 stores and six concessions were not made part of the...

Supermarket chain Aldi, are set to open a new location in the Airport Retail Park in Coventry, as the company continues to expand in the UK market. With another 70 stores set to open around the country this year, the move marks the discount retailer beginning to capitalise on its...

The Liverpool ONE complex is due to see a new store open with fashion brand, Ben Sherman to debut in the centre. The location will be stocking the full range of clothing and accessories and will be located close to similar brands such as Michael Kors and Dr Martens. Retail...

The shoe retailer, Jones Bootmaker is close to closure after a deal set-up with a private equity firm collapsed. The company currently employs 1,145 people and has over 1,000 stores, putting many of these jobs at risk. Rival shoe retailer Brantano also fell into administration recently, meaning the roughly 1,000...

Online retailer Poundshop.com has, alongside finance and business consultants Blue Sky Corporate Finance, brokered a deal worth £1.7m with Foresight. The deal will allow the company to significantly improve on their IT infrastructure as well as implementing its marketing strategies and expanding warehouse capacities. The company offers a home delivery...

Retail parks in the UK continue to see a decline in footfall, as the decline from the high-street stores begin to hit other parts of the retail sector. In February, total footfall fell by 1.6%, a considerably higher figure than the 0.4% drop in January. Overall, retail destinations in the...

Tony Barrell and Mike Jervis of PwC have been selected as joint administrators of Brantano Retail Limited. Brantano was acquired by Alteri Investors in February 2016 but has been battling against “difficult” trading conditions. Mr Barrell, lead administrator at PwC, said: “Despite significant improvements in the business and reductions in the...