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New & Lingwood, the 150-year-old luxury Jermyn Street menswear brand, has been sold to US private equity house POP Capital for an unrevealed sum. POP Capital will become the new custodian of the New & Lingwood stable of brands that includes Bowring Arundel, Poulsen Skone and WV Brown. It will also...
MatalanDirect.com has appointed Craig Hadley, the former head of buying at Victoria Plum, as their new buying director. Hadley has experience of working in both the consumer and B2B sectors. He was also part of the team that introduced Aldi to the UK market in the late 1980s. Prior to Victoria...
The North West based food and drink retailer, Booths, has seen its Christmas home delivery orders rise by 54% and total orders, including click and collect, which has increased by 11% this year. Average order values are up 14% with the average basket spend rising to £82.75. For home delivery orders,...
As people feel more positive about their personal finances, UK consumer confidence has edged up in December. GfK’s long-running Consumer Confidence Index has increased by one point to 2 in December which marks the first time the index has shown positive scores for an entire calendar year. Joe Staton, head of market...
Camden Council has given the go ahead for a new part of King's Cross to be opened up as a retail and leisure destination. Coal Drops Yard, which is situated next to Regent’s Canal, the Gasholders apartments and Granary Square, will offer 65 shops and restaurants when it opens in 2018. It will...
Last week, John Lewis sales edged up 3% year-on-year to reach £155.2 million. Online sales were 15% higher due to visits from mobile devices and traffic to apps, which were 43% up on last year. The retailer launched its new ‘Kitchen Drawer’ smartphone app which enables customers to access their receipts for...
Tesco will be offering customers a helping hand this Christmas through the introduction of 4,000 'here to help' staff members across all of its UK stores. From December 19th, staff in Tesco’s 700 larger stores will be helping customers to navigate the Christmas gift sets and find products. The stores will...
It has been announced that retailer Sports Direct is to review terms and conditions of its agency staff after it was slated in the press for its employment practices. Accusations against the company, which is owned by Mike Ashley, include staff being “named and shamed” over the tannoy, punishing ill staff...
Bakery chain Greggs is celebrating the opening of its 100 franchise in Reading. Martin Kibler, property director for Greggs, said: “To reach the 100th store milestone is a real achievement for both Greggs and our franchise partners. Our work in the franchise sector is integral to our business as it enables...
Approval has been granted for a new Aldi supermarket and residential development which will replace the former Chronicle & Echo building in Northampton. An Aldi spokesperson said: “We believe this proposal offers a real opportunity to increase local shopping choice and bring a prominent, well-known site back into use for the...
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