
There have been suggestions that US retail giant Walmart could now sell its UK supermarket chain Asda that also happens to be one of the biggest names in affordable fashion in Britain.
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There have been suggestions that US retail giant Walmart could now sell its UK supermarket chain Asda that also happens to be one of the biggest names in affordable fashion in Britain.
Low-cost retailer B&M European Value Retail offered further evidence of how price-conscious shoppers have become on Tuesday with its latest set of results showing a 32.5% H1 profit rise.
Mid-market fashion stores could struggle in the festive shopping season while e-tailers will grab market share and beauty brands will prove hugely popular.
The French brand with 95 stores (fashion, house, and bazaar) has fallen into the pocket of another low cost player -- British group B&M.
If Sainsbury’s manages to clear all the regularity hurdles for its proposed takeover of/merger with rival Asda, it could create a “general merchandise powerhouse,” an analyst said on Tuesday.
Value-focused store Poundland’s results may have failed to impress this week but at least the clothing operation, Pep&Co, appears to be doing well and the addition of skincare is a wise move.
The London-based second hand luxury goods site is launching a new e-commerce platform powered by Artificial Intelligence to help customers price their pre-owned accessories more competitively.
Value retailer B&M European Retail had a good six months, it said on Tuesday, and it also announced that SuperGroup's chairman would join next year as non-exec chairman.
It may seem unlikely that a luxury company is beating some of the biggest names in the UK sector on the retail revenues growth front, but it is.
Primark will open at Bluewater in two years' time with the news showing that Europe's largest mall isn't only focusing on high-end tenants. But there are fears that nearby town cnetre Primark branches could close.