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Sports Fashion retailer JD Sports has announced the opening of a second store on Oxford Street on December 10th. The 16,000 sq ft store will open at the West One shopping centre, at the opposite end of the street to the current Bond Street store and will create 125 jobs. A...
Retailers have warned that prices will have to rise to counter rate increases from next April. With increasing pressure being put on businesses through the Living Wage and import prices creeping up in the post-referendum economy, it is feared that business rate increases could be disastrous for the sector. Based on...
Nearly a million people took to the streets on Sunday for the annual Hamley’s Christmas toy parade. A cast of over 400 actors took part, dressed as characters such as Paddington Bear, Postman Pat, Barbie, Fireman Sam and Transformers and Lego characters. They were accompanied down Regent Street by marching bands...
Bespoke tailoring brand English Cut has opened a new flagship store on London’s Chiltern Street. The 605 square foot location will offer the brand’s signature made-to-measure and ready to wear tailoring services. English Cut is a respected and admired Savile Row brand, serving distinguished clients internationally. It was founded in 2001...
Clothing retailer Bonmarché has announced that profit before tax and exceptional items fell 63% year-on-year to £2 million in the 26 weeks ended September 24th. In a statement accompanying its half year results, the company blamed poor weather and the BHS collapse on its misfortunes. Helen Connolly, chief executive of Bonmarché,...
Tesco has announced that it will be extending its current partnership with Sir Philip Green’s Arcadia Group, in efforts to rival Sainsbury’s own tie-up with Argos and Habitat. Tesco first launched Arcadia concessions in 14 stores last year, with another six due to open before the end of the year. The...
New figures from the Centre for Retail Research (CRR) have revealed that job losses in retail reached nearly 26,000 this year, the highest figure since the midst of the recession in 2012. The CRR has said that 25,933 people lost their jobs this year, four times the amount of people who...
Asda has announced that it has seen a 5.8% drop in sales in its third quarter, as the company continue to be the worst performing supermarket out of the Big 4. Figures show that in the three months to 30th September, the supermarket’s net sales decreased 3.8%, whilst operating profits also...
It has been revealed that since the launch of the John Lewis Christmas advert, sales and searches for trampolines have risen by 300%. An online retail specialist, Summit has reported that online searches for trampolines have doubled since the advert launched on 10th November, climbing 300% that evening, with all other...
Fashion brand Gant has opened its new concept store on Regent Street, a location that will become its flagship store. The new, 7800 sq ft premises is directly opposite its old store and is based around the concept of “never stop learning”, with a strong emphasis on its multichannel operations....
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