BHS landlords and creditors agree to major rent cut plan
Landlords of BHS stores have been persuaded by the retailer to accept a new restructuring plan which will significantly cut the company’s rental bill.
BHS...
ASDA to spend 500 million pounds to win back customers
ASDA says it is to spend 500 million pounds to win back customers, thus launching 2016's first salvo of price cuts in a bitter retail war...
Prices in UK shops dropped in December, forecast to continue falling
According to the BRC-Nielsen Shop price Index, prices in UK shops dropped by 2% over the 12 months to December.
Non-food prices dropped 3...
Sainsbury’s has its eye on acquiring Home Retail Group
Sainsbury’s confirmed that it made a bid approach for Home Retail Group in November, but the retailer’s offer was rejected by the owner of...
Waitrose top own brand UK supermarket followed by Aldi
Waitrose was by far top UK supermarket for own brand products in 2015, followed by Aldi, Sainsbury’s and M&S, says Which?, Britain’s Consumer Association....
Amazon takes aim at UK supermarkets and widens grocery service
Amazon takes aim at UK supermarkets by dramatically widening its grocery service - known as Amazon Pantry – next year, the company’s UK boss...
Amazon Prime and Instant Video services soar to new heights
Amazon Prime and Prime Instant Video services soar to new heights after the Internet-based retail giant informed that the total number of subscribers jumped...
UK parents waste £230 million a year on unwanted presents for their kids
Parents in the UK spend millions of pounds every year on Christmas presents for their children. But just how much of it is wasted?
One...
UK shoppers abandon the high street in favour of going online
UK shoppers abandoned the high street last month in favour of going online to find the best deals.
According to the British Retail Consortium (BRC)...
Abercrombie shares surged 25% on impressive Q3 results
Shares in Abercrombie & Fitch surged by more than 25% on Friday after the fashion retailer reported better than expected third quarter results.
Profit more than...