The fashion and homeware giant is being forced to close some of its stores due to a 'rapid change in customer behaviour' High street giant H&M has confirmed it is closing some of its stores in the UK. The retailer, which sells clothing and homeware, is a staple on the UK high street, and is... Continue Reading →
7 must-visit flagship stores opening in 2023
Sephora is one of many high-profile stores opening in 2023 Shoppers started to return to stores last year in the wake of Covid restrictions lifting. Although footfall remained 14.2% below 2019 levels, this gradually improved throughout the year. In fact, stores were the big growth channel for most retailers this Christmas. As we enter the... Continue Reading →
Lloyds Pharmacy to close all Sainsbury’s outlets, 2,000 jobs at risk
Lloyds Pharmacy will close all 237 branches inside Sainsbury's stores // Lloyds Pharmacy will close 237 branches inside Sainsbury’s stores over the year // The pharmacy says the move is down to “changing market conditions” Lloyds Pharmacy is to close all of its branches inside Sainsbury’s stores, which puts 2,000 jobs on the line. It will close... Continue Reading →
Christmas sales have gloomier tale to tell
Customers simply swallowed 2022’s inflation pill Christmas Day in the workhouse? Not quite. The sales of big UK retailers over the festive season were better than expected. But the frothy sales figures of many January updates will lose some fizz when flagging profits join the mix in later announcements. There is certainly no shortage of... Continue Reading →
More than 17,000 shops shut in 2022 in worst year for retail in five years
By Danya Bazaraa and Dan Sales For Mailonline00:04, 02 Jan 2023 , updated 09:16, 02 Jan 2023 The UK's retail sector had a bruising year in 2022 as more shops closed their doors than at any other point for at least five years. Around 47 sites shut up shop for the last time every day... Continue Reading →
Matalan lenders close in on takeover of discount retailer
A general view of fashion retailer Matalan store entrance in Oxford Street on January 03, 2019 in London, England Mark Kleinman A group of funds including Invesco and Man GLG is close to securing a deal to take control of one of Britain's biggest homewares retailers, Sky News understands. A group of financial investors which... Continue Reading →
World’s First Bob Marley Restaurant To Open As Part Of Montego Bay Airport Retail Revamp
Jamaica’s busiest international gateway, Sangster Airport, which serves resorts in and around Montego Bay, has been given a substantial retail face-lift that will soon include the first Bob Marley-branded restaurant anywhere in the world. The dining experience—called Bob Marley – One Love (after the 1984 hit, a re-recording of the 1965 Wailing Wailers single)—is scheduled to... Continue Reading →