The British Retail Consortium (BRC) is advocating for a substantial change in how retail business rates are levied, unveiling new research in its recent Budget submission.The…
Browsing: retail industry
Research indicates significant closures as nearly 7,000 stores shut down in early 2024.The closure rate marked an increase from the previous year, with 38 stores closing…
The ongoing equal pay tribunal involving Asda represents a significant legal challenge that could reshape payment structures in the retail sector affecting over 69,345 employees.Asda’s case…
The retail industry is witnessing a heated debate over return policies as major companies balance profitability with customer satisfaction.Online retailers are constantly reassessing their return policies…
Annual inflation rate increased to 2.2% in July 2024, surpassing the Bank of England’s target.The rise was driven by the slower decline in gas and electricity…
The Fashion Retail Academy in London has made a significant appointment by naming Lord Rose as its first patron.This strategic move aims to enhance industry connections…
Fenwick has announced the appointment of Nigel Blow as its new chief executive, effective October 2024.Blow succeeds John Edgar, who led the company’s strategic evolution over…
Peter Ruis is spearheading a transformative initiative at John Lewis to enhance customer service by increasing staff presence, adopting a ‘Selfridges-style’ approach.The strategy involves negotiating lower…