Planning ahead to secure its Q3 supply chain has been a good move for value retailer Studio Retail Group’s stock position. Especially as 40% of its sales occur in the critical Black Friday and Christmas quarter.
Under-pressure THG issued a Q3 trading statement on Tuesday and said that revenue continues to soar. Group revenue rose 38% year-on-year to £507.8 million and 93.8% on a two-year, constancy-currency basis.
US retail giant JCPenney has a new CEO and has named Marc Rosen to the post, effective November 1. And Stanley Shashoua, chief investment officer at the firm’s owner, Simon Property Group, becomes executive chairman.
It’s no surprise that another UK consumer confidence indicator (released Monday) was negative and the outlook for Christmas spending's weak as prices rise. But at least it wasn't as bleak as Friday's assessment by GfK.
Harvey Nichols Leeds is fast-approaching its 25th birthday. And to mark the Yorkshire department store’s silver anniversary, it’s hosting of series of special events on and around the key 23 October date.
It was all looking so much better in July. UK consumer confidence has since taken a battering with the financial pulse of the nation dropping for third month in a row in October, according to GfK’s latest figures.
The retail revival of London’s West End is gathering pace, major landlord Shaftesbury said on Thursday. Business is bouncing back post-lockdowns with the Carnaby Street owner citing a further reduction in available-to-let vacancies.
We've seen more evidence of how younger consumers have changed their shopping habits since the onset of the pandemic with a report saying that many continue the online behaviour they developed during lockdown.
Small independent brands are clearly important for the future of retail and nowhere more so than in North Tyneside. It’s been enough to warrant a rebrand at the Royal Quays Outlet Centre in North Shields.
Life’s going to get tougher for Hammerson retail tenants still in rent arrears. While the property giant said it has seen a “significant” improvement in collection rates, it now remains “focused on collecting arrears”.
UK supermarkets giant Asda has this month opened the largest refill store in the country in York. The superstore stocks 100 branded and own-brand products sold in loose and unpackaged format in a huge 18-bay refill zone.