Press Association
John Lewis chairman picks up bonus for first time in three...
John Lewis chairman Sir Charlie Mayfield has opted to take a bonus for the first time in three years, just weeks after the
Competition watchdog blocks Sainsbury’s-Asda merger
The competition watchdog has blocked Sainsbury’s £12bn merger with Asda on the grounds that it would result in higher prices for consumers and
Twitter reports increase in revenue but fall in monthly users
Twitter has reported growth in revenue but saw monthly active users drop by six million on this time last year, the firm’s latest
Intu secures investment for Derby shopping centre to reduce debts
Under-pressure shopping centre operator Intu has sold a 50% stake in its Derby shopping centre to investment firm Cale Street for £186m. The
JD Sports hails record year despite UK high street woes
JD Sports has posted record results despite the UK’s high street crisis, as the sports retailer looks abroad for further growth opportunities. The
Sports Direct to close Wigan warehouse with 300 jobs set to...
Sports Direct is to close its warehouse in Wigan, resulting in the likely loss of 300 jobs. The closure is understood to be linked
Advisers brought in to speed up Monsoon and Accessorize closures
Branches of Monsoon and Accessorize could be the latest stores to disappear from high streets up and down the country, after the owner
Lord Rose warns over Mike Ashley’s plans for retail “oligopoly”
Retail supremo and former Marks & Spencer boss Lord Stuart Rose has criticised Mike Ashley’s plans for an “oligopoly” of the UK high
Over a third of LK Bennett stores to shut as part...
Over a third of LK Bennett’s UK stores will close after the brand was sold to a new owner, Byland UK, resulting in
Bonmarché claims Philip Day takeover offer “undervalues” retailer
Bonmarché has rebuffed a £5.7m takeover offer for the womenswear retailer tabled by Philip Day, claiming it “materially undervalues” the company. Billionaire Mr
New board appointments at Arcadia as restructuring looms
Sir Philip Green has appointed two restructuring specialists to the board of his retail empire, as the Topshop tycoon looks to shake up
Sports Direct threatens legal action over Debenhams administration
Sports Direct has threatened legal action against the administrators of Debenhams after the department store fell into the hands of lenders. The company,
