Fashion helped Tesco's continuing recovery in its latest financial year with its F&F range rising at a steady (if not spectacular) rate after the company refined and rationalised its general merchandise offer.
Sainsbury’s has been mulling a takeover bid for embattled Mothercare, and while analysts think a deal unlikely, they see it as a prime target given its plunging share price and well-publicised cash flow problems..
In a move that was perhaps inevitable given its current big problems, Mothercare has named a new CEO. Ex-Kmart exec David Wood is taking over with immediate effect as the company battles to achieve a turnaround.
A grocery industry veteran who led U.K. retailer Tesco's online operation was named president of Walmart’s Jet.com e-commerce business in the retail behemoth’s latest move for a bigger piece of the competitive sector.
We didn’t think we’d still be talking about the impact of Black Friday this far into the New Year. But the latest Ipsos Retail footfall tracker, shows us that the big discount day in late November affected January.
Hundreds of Topshop and Topman stores could see imminent staff cuts as the Arcadia-owned chain becomes the latest UK retailer seeking to rationalise its stores in the face of lower footfall and the migration to e-tail.
As the UK gets ready for a spate of trading updates, it seems that the week before Christmas saw a late shopping surge with fashion sales rising year-on-year, but it's unlikely to have rescued an otherwise weak season.