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It has been revealed that furniture retailer DFS is expecting to achieve a record performance for its full year. Figures in a post-close trading update shows that revenue increased 7% for the year to July 30th, as well as revenue for the second half increasing 7% year-on-year, helped by DFS’s Sofa...

Childrenswear retailer Mamas & Papas has launched a new boutique store in London’s so-called ‘nappy alley’ designed to appeal to the millennial generation of parents-to-be. The store features personal shopping, digital options and a beauty area for mums including products from Cowshed and Neals Yard. Jonathon Fitzgerald, Mamas & Papas chief...

US-based online mattress retailer Casper has launched in the UK, giving British customers access to products endorsed by Leonardo DiCaprio, Tobey Maguire, Ashton Kutcher and Adam Levine. Casper is now in its second year of business, having achieved $100 million of sales. Its UK launch puts it in direct competition with...

Work has begun in Bristol on a unique new shopping concept made from shipping containers. Cargo 1 and Cargo 2, two adjacent retail concepts, have now received planning permission and the first of 46 shipping containers which will create the structure arrived this week. Located in the Wapping Wharf precinct of...

It has been revealed that Bangor’s Springhill shopping centre is to host a new two story Sports Direct superstore. Under refurbishment with Lambert Smith Hampton property agent, they will combine Sports Direct and Heaton Sports to make one of the biggest outlets in the town. As well as Sports Direct, the shopping...

According to grocer the Co-operative, another heatwave could provide a £290 million lift to food retailers. Research shows that when temperatures hit over 21 degrees, food sales rose 10%, with an average spend per week of £2.9 billion at UK food retailers, which could mean a £290 million boost in a...

Fashion retailer New Look has revealed a 6.6% fall in like-for-like sales for the 13 weeks to June 25th. Anders Kristiansen, chief executive, said it had been a “tough” quarter, with “unfavourable market conditions impacting high street footfall”. Total sales fell 4.2%, causing earnings to dip 29%, although the company saw a...

The world’s largest retailer, Walmart, has announced plans to buy e-commerce site and Amazon rival Jet.com for over £2.3 billion. The start-up, founded two years ago, has been lauded as a potential “Amazon-killer”. Chief executive Marc Lore will join Walmart to head up both divisions’ e-commerce operations which are in need...

Supermarket chain Morrisons and online supermarket Ocado have come to a new arrangement that will see the supermarket deliver to more areas in Britain, as well as reducing the fees Morrisons has to pay the online grocer. Figures show that shares increased for both companys, with Morrisons rising 1.5% at 190.9p...

It has been revealed that online fashion retailer Boohoo has seen its shares grow significantly following reports that sales in America are storming and hopes that the weak pound will help boost exports even more. Nearly at record highs, figures show that the company’s stock has grown 19% in two weeks,...