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Finance

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...
Royal Mail

Royal Mail ups sales forecast in anticipation of Christmas e-commerce boom

Royal Mail has fallen to a first-half operating loss, but had upped its sales outlook amid a boom in parcel deliveries as online shopping...

Clarity called over Environment Agency’s looming ESOS business fines

Advantage Utilities, a business energy and commercial utilities consultancy, is calling upon the Environment Agency to clarify its intended actions for enforcing the Energy...

Inflation jumps on back of rising cost of clothing and food

UK inflation bounced higher last month as the price of food and clothing jumped, according to official figures. The Office for National Statistics (ONS) said...