Poundland gets green light for valuable merger with 99p Stores

Poundland’s anticipated acquisition of 99p Stores, which would create a combined network of around 800 UK stores, has been provisionally cleared by the Competition and Markets Authority (CMA). The deal is valued at around £55m. After the CMA referred the proposed takeover for an in-depth phase 2 investigation in April, the watchdog initially concluded that... Continue Reading →

Apple takes over all 24 windows at Selfridges London

Apple has taken over all 24 windows at Selfridges on London's Oxford Street, with a focus on the Apple Watch. The windows have been designed to reflect both companies' dedication to beauty and design. For its most personal device ever, Apple has collaborated with the world's top department stores and speciality boutiques to provide bespoke... Continue Reading →

WHSmith accused of hiking prices at hospitals Shop forcing people to pay almost double for some items in hospital stores A4 notepad was £12.99 in hospital outlet compared to £8.99 on High Street MP Paula Sherriff called the practice 'exploitative' and 'completely unfair' Comes after company demanded boarding cards at airports without passing on VAT... Continue Reading →

New BhS Owner Seeks £70m For Revival Plan

New BhS Owner Seeks £70m For Revival Plan The new owners of BhS, the department store chain, are in talks to raise tens of millions of pounds in funding just months after acquiring it from Sir Philip Green, the billionaire retailer. Sky News has learnt that Retail Acquisitions, the little-known vehicle which bought BhS in... Continue Reading →

Apple Store Opening In Dubai Delayed

The highly anticipated Apple Inc. (NASDAQ:AAPL) retail store opening in Dubai was delayed and may not open until October or even later. The store, which would have been a first for the United Arab Emirates, is set to be located inside the Mall of Emirates. Everything else involving the upcoming store opening remains unchanged. It... Continue Reading →

Hamleys’ rival toys with takeover

Hamleys will face fresh competition when The Toy Store opens on Oxford Street THE MIDDLE Eastern owner of Hamleys’ rival, The Toy Store, is said to be considering a takeover bid for the country’s most famous toy shop. Gulf Greetings has sent a letter of intent to Hamleys’ French owner Ludendo, highlighting its interest in... Continue Reading →

TFG launches tween-focused clothing brand

The Foschini Group has launched the first entirely tween-focused brand in South Africa, Soda Bloc. The new fashion brand aims to kit out fashionistas aged 9 to 16 in clothing, accessories and footwear to suit their lifestyles... TFG launches tween-focused clothing brand"Soda Bloc inspires tweens to be youths: be fun, be different, be informed, be... Continue Reading →

Reed disposes of Regent Street Flagship

British fashion retailer Austin Reed has announced that it plans on selling its Regent Street Flagship store following the closure of 31 stores earlier this year. The company, which also includes mainstream womenswear retailers Viyella and CC has appointed property agents James Andrew International to sell its 35,000 sq ft store at 100 Regent Street.... Continue Reading →

Asda records worst-ever quarterly sales figures

Asda has recorded its worst-ever quarterly sales figures. Asda has had its worst sales performance in its 50 year history, hit by ferocious competition for customers in which rivals have slashed prices and issued millions of discount vouchers. Asda boss Andy Clarke insisted the supermarket had reached its “nadir” and would bounce back after revealing... Continue Reading →

10 Dubai projects to watch out for

10 Dubai projects to watch out for These mixed-use developments in Dubai boast several superlatives and are set to transform the city's skyline,l Dubai never ceases to amaze you. With several iconic buildings such as the Burj Al Arab, the Palm Jumeirah and Burj Khalifa, the city is an epitome of architectural largesse. In the... Continue Reading →

Boux Avenue to open Oxford Street store

Lingerie retailer Boux Avenue has announced that it will open a flagship store on London’s Oxford Street, later this year. The 3,000 square foot store will become the most central London store for the retailer and is expected to open as early as September or October. It will offer the brand’s full range of lingerie,... Continue Reading →

Keen footwear launches in Dubai

Products available at Sun & Sand Sports, Adventure HQ, Impressions Dubai: US-based footwear brand Keen has launched its product range in the Gulf Cooperation Council (GCC), according to company statement on Tuesday. The brand’s products are being distributed in the GCC countries by Hadi Enterprises, a division of Al Abbas Group. The products are available... Continue Reading →

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