Browse all articles

Store Twenty One has said that it will close 82 stores as part of a Company Voluntary Arrangement which will streamline the store estate in order to “remain competitive in today’s challenging retail environment”. The proposals, which have been voted for by 86% of the company’s shareholders, include taking the number...

Popular online retailer, Not On The High Street opened its headquarter doors on Saturday to seek new creative talent to join the business. The project called Pitch Up was a chance for small creative business to pitch their business and products to the online retail experts in the hope of become...

Sainsbury’s, Britain’s second biggest supermarket, has revealed that it will be trialling its one-hour home delivery service, similar to Amazon’s. The trial, named Chop Chop will take place in the Wandsworth district to begin with and there will be a delivery fee of £4.99. The trail will be available to shoppers...

The launch of highly-anticipated smartphone game Pokemon Go has given Nintendo its biggest weekly share price leap in over 30 years, jumping over 70% and increasing Nintendo’s market value by $17 billion in just over a week. Until recently, Nintendo had maintained that its main focus was on its consoles, rather...

Holiday company Low-cost Travelgroup has gone into administration, blaming the uncertainty surrounding the EU referendum and the fall in the pound. Administrators Smith & Williamson and CMB Partners were appointed when the group ceased trading on July 15th with the loss of 120 jobs. Attempts to find a buyer were hampered by...

It has been reported that Sadiq Khan, the London Mayor would like to see London’s famous Oxford Street be pedestrian-only by 2020 to tackle traffic and air pollution, this includes buses and taxis. The measure is reported to go from Tottenham Court road through to Marble Arch and will coincide with...

Toy retailer The Entertainer has announced that it is to open its first store in Northern Ireland on 13th August in Belfast’s CastleCourt Shopping Centre covering 3,400 sq ft and will celebrate its opening with a special trolley dash organised by Autism NI. Centre director at CastleCourt Shopping Centre, Paul McMahon,...

It has been revealed that WH Smith, the book and stationery retailer, is to operate two airside stores in Alicante International Airport after obtaining a five-year contract. The design for the stores at the airport will be in keeping with the look of the airside lounge. As well as increasing the...

Shares in SuperDry’s parent company jumped yesterday, following double digit rises in both profit and revenue which triggered its first special dividend to shareholders. In the year to April 30th, the company said that “significant strategic progress and strong sales and profit growth” meant that the group would be issuing its...

Ikea has opened its 19th UK store in Reading, marked by a tree-planting ceremony with Swedish ambassador Nicola Clase and Gillian Drakeford, IKEA UK & Ireland country retail manager. The store will employ over 370 people across a 32,000 sq m store encompassing a 450-seater restaurant, a Swedish Food Market and...