Press Association
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,
US Topshop backer sells stake as Sir Philip Green readies restructuring...
A US investor in Sir Philip Green’s fashion empire has sold its stake in the Topshop brand as the company works on restructuring
ASOS profits tumble by 87% due to costs and tough market
ASOS has seen half-year profits tumble as the online retailer blamed expansion costs and heavy discounting for hitting its performance. The group saw
Record numbers of empty stores on high street as retail crisis...
Record numbers of shops are being left empty as waves of closures and slower rates of new openings hit the high street, new
