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Advisor to BHS, Goldman Sachs, warned management that ex-racing driver Dominic Chappell had a history of bankruptcy before he bought the chain for £1. The company collapsed into administration only 13 months later. MPs are currently examining the role that BHS’ directors and advisers played before the sale of the retailer. Anthony...

Technology giant Apple has revealed that stores around the world are undergoing refurbishment, which will see the classic outlets take on a new design. Headed up by Apple design chief Jony Ive and Apple’s head of retail, Angela Ahrendts, stores including Brussels, Tennessee and Belgium already revealed the new look and...

It has been announced today that convenience chain The Co-op Group is introducing a new membership benefits initiative which will see more than £100 million a year being handed back to its members and their communities. To celebrate the new initiative, the group has announced it will return to its...

Electric car maker Tesla has launched a showroom at the Bluewater shopping centre. The outlet is one of a handful of larger store formats in the UK, which includes the ability for customers to test drive the latest models. It also includes a rolling chassis, a design studio and the installation...

Cartier and Montblanc owner Richemont has bought back stock from retailers and has destroyed it in some cases. The luxury group saw a slide in sales of 1% at constant currency, although in the final quarter, they slipped 5%, largely due to a poor performance from its watches division, which accounts...

Frozen food giant Iceland has teamed up with vlogging network Channel Mum for its latest advertising campaign. The adverts will feature ‘real mums’ talking about their experience with the brand, in a move away from the retailer’s previous tie-ups with celebrities including Michael Buble, Kerry Katona, Peter Andre and X-Factor singer...

Moss Bros, the men’s formalwear retailer, has announced that its total sales increased 3.3% year-on-year in the first 15 weeks of the financial year, in-line with its expectations. Figures show that in the weeks leading to 14th May, like-for-like sales grew 5% with retail like-for-like rising 5.1% and hire sales up...

It has been reported today that for the Ladbrokes/Gala Coral merger to go ahead, the combined company may have to dispose of hundreds of shops. The CMA said that about 350 to 400 shops may have to be sold "for the merger to be conditionally cleared". Currently Gala Coral operate around 1,850...

Supermarket Asda has blamed fierce competition in the grocery sector for a seventh consecutive quarter of falling sales. In the 13 weeks to the end of March, the supermarket saw a 5.7% drop in sales, worse than anticipated by experts at Kantar, as well as a 5% drop in customer...

Supermarket Morrisons has signed a deal with shoe repair and key cutting firm Timpson to extend Timpson’s branches within Morrisons stores. Timpson will take over the dry cleaning operations at 116 supermarkets and will extend the offering into its own areas of key cutting, as well as shoe and phone/tablet repairs. Roger...