Hard-pressed fashion retailers awaiting government plans for a major shake-up in business rates will have to wait. A call from 40 trade associations for the overhaul to be included in upcoming Budget have been dashed.
London Designer Outlet (LDO) is firing on all cylinders. The north London shopping centre has been given another major boost with news Calvin Klein is set to open a permanent store following the success of its pop-up.
Positive news from retail landlord Landsec continues on the rent collection front. The commercial property giant said Friday that, as of 12 October, 85% of the £89 million net rent due on 29 September had been paid.
Problems with the UK supply chain continue to mount. This time it’s a shortage of warehousing space as the boom in online shopping forces retailers to open bigger distribution centres.
Multinational health and beauty retailer Walgreens Boots Alliance (WBA) has reported Q4 results that “exceeded expectations, reflecting [a] strong operational performance”.
Johnson & Johnson has put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into a newly created subsidiary.
Ted Baker is the headline addition for Hammerson as the property giant welcomes four new brands to its Highcross flagship destination in Leicester this autumn.
Here’s some news the UK high street might not want to hear. Some 21% of Britons think physical retail isn’t worth saving, preferring to do most or all of their shopping online, a new study from Savoo claims.
UK shoppers are browsing online but not buying, the latest IMRG Capgemini Online Retail Index showed on Thursday. But at least they still seem to be focused on fashion with the category staying strong
As over a third of Britons change their buying behaviour, it’s not Gen Z who are driving the biggest shift in shopping sustainably, but older shopping groups.
On Tuesday, Swiss group Givaudan, the world's leading fragrance and aroma manufacturer, reported a sales rise in the first nine months of the year, driven by fine perfumery and a renewed impetus in the catering sector.
The UK government is attempting to allay fears of Christmas product shortages after container ships were being turned away at a key UK port due to over-capacity.
A property firm is aiming to create “the Carnaby Street of Nottingham” after buying empty retail units in what was once a thriving part of the city centre.
A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
With supply chain issues to the fore, if you want to know what the footfall forecasts are for UK retail in the critical six-week period covering Black Friday, Christmas, and post-Christmas periods, read on.
