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High street

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

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Debenhams

Mike Ashley slams Debenhams administration as “national scandal”

Mike Ashley has called the administration of Debenhams a “national scandal” and called for the process to be reversed after the retailer’s lenders

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Debenhams

Debenhams falls into the hands of its lenders

Lenders have seized control of Debenhams after the company was placed into administration. The move wipes out the stake held by Sports Direct tycoon

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Debenhams

Mike Ashley accuses Debenhams of “falsehoods” after tabling rescue bid

Sports Direct tycoon Mike Ashley has torn into Debenhams executives, accusing the board “falsehoods and denials” after tabling a £150m rescue offer. The

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Pretty Green

Almost 100 jobs lost as JD Sports snaps up Liam Gallagher’s...

Liam Gallagher’s clothing brand Pretty Green has been acquired by JD Sports, but most of its stores will close resulting in almost 100

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intu

Intu promotes finance chief to top job after difficult year

Trafford Centre owner Intu has picked a new boss after a challenging year for the company amid the retail crisis and failed merger

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Mothercare

Mothercare sales slump as markets remain “challenging”

Retailer Mothercare has revealed UK sales tumbled 8.8% in its fourth quarter and warned that trading conditions are set to remain “challenging”. The

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Fortnum & Mason

Fortnum & Mason looks east to Hong Kong for first store...

Fortnum & Mason is to open its first store outside of Britain later this year when it sets up shop in Hong Kong,

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Superdry Julian Dunkerton

Dunkerton win approval (just) to rejoin Superdry board

Superdry co-founder Julian Dunkerton looks set to rejoin the company’s board, triggering a possible wave of resignations among the current management. Dunkerton’s election

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Bonmarche

Philip Day pounces on troubled Bonmarche with £5.7m offer

Struggling retailer Bonmarche is set to be taken over by billionaire Philip Day in a deal valuing the clothing chain at just £5.7m.

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High street

Small high street firms breathe sigh of relief as business rates...

Britain’s army of small high street firms will be given rare good news this morning (1 April) when they share tax cuts worth

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Lord Stuart Rose

Lord Rose slams calls for fresh Brexit referendum as “nonsense”

Former Marks & Spencer boss Lord Stuart Rose has dismissed calls for a second Brexit referendum as “nonsense” and warned it would inflict

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