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Finance

Debenhams JD Sports

JD Sports enters into exclusive negotiations with Debenhams

JD Sports is reported to have entered into exclusive negotiations with Debenhams over the acquisition of the entire department store chain. The sports retail giant,...
Great Marlborough Street

UK retail footfall down 55.4% as lockdown in England continues to...

Footfall across all retail destinations throughout the UK was -55.4% last week – 15-21 November – compared to the same week in 2019, according...
In The Style

In The Style eyes £100m stock market float

In The Style, the celebrity-led online fashion retailer, is reported to have hired bankers from Liberum to advise on a £100m float of the...

Non-essential retail to get go-ahead to re-open on 2 December

Non-essential retail will get the the go-ahead to re-open from 2 December, ministers decided at a meeting this afternoon, but a new stricter tiers...
Jaeger

Marks & Spencer held discussions about possible Jaeger acquisition

Marks & Spencer reportedly held discussions with Edinburgh Woollen Mill Group owner Philip Day over the potential acquisition of its heritage fashion brand Jaeger. According...
Black Friday

Amazon and major retailers push Black Friday back a week in...

Amazon and other major retailers have agreed to push Black Friday back a week in France to allow physical retailers to take part safely...
Black Friday Online retail sales

Online retail transaction value jumps 29% ahead of Black Friday

Online retail transaction value has jumped 29% in the UK so far this month, ahead of what is expected to be a record-breaking Black...
Clarks

Landlords approve CVA deal for Clarks

Landlords of historic British footwear brand Clarks have approved a plan to allow the business to pay zero rent on a number of its stores, as...
Retail sales high street consumer confidence

Households’ confidence in their finances deteriorated in November

Households are becoming less confident about their personal finances in the year ahead, according to research from GfK (Growth from Knowledge), which asks people...
Retail Sales Footfall

Retail sales up by 1.2% in October despite local restrictions, however...

UK retail sales volumes in October were 1.2% higher than September despite restrictions tightening again in many areas of the UK, according to the...
Black Friday

UK footfall on Black Friday forecasted to plunge -59%

Retail intelligence expert Springboard forecasts that footfall will be -59% lower than in 2019 across all UK retail destinations on Black Friday, 27 November,...
Peacocks Edinburgh Woollen Mill

Peacocks and Jaeger placed into administration with 4,700 jobs in the...

Peacocks and Jaeger have been placed into administration by parent Edinburgh Woollen Mill Group (EWM) leaving 4,700 jobs hanging in the balance. Administrators from FRP...

Mike Ashley’s Frasers Group increases stake in luxury brand Mulberry

Mike Ashley’s retail empire has increased its stake in Mulberry to own more than a third of the luxury handbag maker in a move...
Urban Outfitters

Klarna launches with Urban Outfitters and Anthropologie ahead of peak Christmas...

Klarna has announced its official new partnership with Urban Outfitters and Anthropologie, as the retailers gear up for the peak Christmas trading period. Following a...