UK retail sales witnessed a surprising boost in September, surpassing expectations.Retailers of technology and telecommunications experienced over a 33% surge in sales.The launch of new products,…
Browsing: Retail
Boohoo Group confronts significant changes with CEO John Lyttle stepping down and a debt refinancing deal underway.John Lyttle will exit his role, although he plans to…
Sainsbury’s has embarked on a strategic initiative to enhance efficiency within its stores through innovative checkout solutions. This move is part of a broader effort to…
Boohoo Group announces CEO John Lyttle’s departure as it secures key financial backing.Lyttle ends a five-year tenure amidst a £222 million refinancing deal for Boohoo Group’s…
Mothercare has turned a financial corner, reporting profits for the fiscal year ending 30 March 2024.The company’s adjusted EBITDA saw a 3% increase, reaching £6.9m.Total franchise…
Mothercare aims to strengthen its presence in Asia with a new joint venture and a refinancing deal.The company secures £24 million in financing to support its…
Retailers in the UK are grappling with a significant increase in fraud-related losses, amounting to £11 billion in 2023.The evolution of cyber crime poses substantial threats…
Hobbycraft has reported an 80% drop in profits for the year ending February 2024, despite achieving revenue growth.The company’s profit fell to £393,000 from £2 million…
Plans for a new 80-bed hotel near Everton’s Bramley-Moore Dock stadium have been unveiled, aiming to bring revitalization to the area.The Liverpool Council will review the…
Next month marks a decisive moment for Stockport Pyramid’s future, with plans proposing its conversion into a large curry restaurant.The Royal Nawaab’s vision involves creating a…