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Figures from the British Retail Consortium (BRC) have revealed that footfall in November was 2.9% lower than a year ago, unchanged from October's rate and marginally below the three-month average.High streets reported the greatest fall, down 4.2% and on a three-month basis reported their worst drop in footfall since August...
The Airports Commission has announced its shortlist of options for expanding the UK’s airport capacity, including new runways at Heathrow and Gatwick.However, a new airport on the Isle of Grain has not been ruled out by the commission, which is headed by Sir Howard Davies.Colin Matthews, Heathrow's Chief Executive, said:...
Primark has opened its first French store in Marseilles. The 62,800 sq ft store is the first of a number of planned stores in the country, with another store planned in Dijon and three in Paris this spring.The new opening at the Marseilles Grand Littoral centre brings the company’s store...
A Winter Wonderland attraction in Milton Keynes was closed on its second day after attracting a raft of complaints from visitors.The theme park included events such as ice skating and a Santa’s Grotto but disgruntled guests complained that the ice rink was “a few plastic sheets” with only one pair...
The Office of Fair Trading has cleared furniture company DFS in an investigation into price promotions in the furniture and carpets sector.Keith Baker, director of sales at DFS, commented: “Today’s announcement by the OFT confirms that the OFT is completely satisfied that DFS is in full compliance in relation to...
Businesswear retailer TM Lewin has announced an ambitious international expansion plan, with the aim of opening at least one new store or concession every week for the next three years.T.M.Lewin already has a successful overseas business with 58 stores and a strong on-line business in markets like Singapore, Malaysia and...
UK retailer Fat Face has appointed financial services firm Lazard as sources say it is close to an initial public offering (IPO). The retailer confirmed that it has appointed Lazard but declined to comment on any potential floatation.Earlier this year, the company announced plans to enter the US and recently...
British clothing brand Joules will launch its first physical store at London’s Gatwick Airport today. The launch will form part of the group’s wider strategy of expanding into travel retail, with a focus on airports if the Gatwick store is successful.Joules CEO Tom Joule said: “We are thrilled to be...
Approximately 800 jobs are to go at movie and game rental chain Blockbuster as the administrators of the firm said that the remaining 91 stores across the UK will close on Sunday.The move comes after a buyer for the firm failed to materialise and brings to an end 25 years...
An employee of Morrisons has been arrested as part of a Financial Conduct Authority probe into insider trading. The man is not thought to be part of Morrisons’ management board and the supermarket has declined to comment on the arrest. ...
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