Online sales in the UK fell 9.1% year-on-year last month, although this was against a 61% increase in May 2020. And even with the fall, spend remain strong with sales volumes rising 46% compared to May 2019.
The Debenhams physical store chain may be history in the UK, but one part of the business is continuing as a physical entity with its Danish Magasin du Nord operation sold to Peek & Cloppenburg for an undisclosed sum.
As they work to drive shopper traffic back to London’s West End, the New West End Company, local authority Westminster City Council and landlord Crown Estate have announced the launch of a pop-up programme.
M&S has delivered a bleak full-year earnings report, although the bad news was far from unexpected. In year to April 3 — which included three lockdowns during which its clothing departments were shut — sales plummeted.
The Touchwood shopping centre in Solihull has a new owner. US-based real estate investment and asset management firm Ardent Companies has bought the Midlands mall from Lendlease Retail Partnership for an undisclosed sum.
Luxury Oslo department store Steen & Strøm has reopened after a €29.5m upgrade. The historic store has a new entrance on Norway’s busiest shopping street, a state-of-the-art beauty hall and upgraded architecture.
Models and freelancers in the creative industries can breath a sigh of relief. A new ‘stop-the-clock’ mechanism on the T5 (Temporary Worker) Creative visa has been introduced to ease related Immigration Rules.
After a year in which weddings were cancelled across Britain, they're back on the agenda, so with supreme good timing, Selfridges has just been granted a licence to host the ceremonies and receptions.