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Hyve pauses Connect initiative, stressing importance of physical over digital
British tradeshows giant Hyve Group on Monday announced that its digital Connect initiative linked to its shows won’t be running in 2024, calling it a “distraction”.
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UK September retail sales fall, but decline eases - CBI survey
Retail sales volumes fell in the year to September for a fifth consecutive month, but at a much slower rate than last month, according to the latest monthly CBI Distributive Trades Survey that was released on Monday.
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Payments 'deciding factor' for Britons in overall shopping experience, report
What’s the most important thing for UK consumers shopping online? Finding retailers that accept their preferred method of paying it seems, because it leads “to a great shopping experience”, research from Planet shows.
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UK consumer confidence continue to rise in September
UK consumer confidence continued to recover in September, rising for the third straight month, according to the latest data from GfK.
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Indie store vacancies rise says LDC report
It’s proving tough going for many small retail businesses with almost 2,000 more UK independent stores left empty in the first half of 2023.
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Next signals end of price rises, but says don't expect pre-pandemic-style prices
Next’s half-year results this week were followed by its CEO suggesting an end to the period of marked fashion price rises is in sight. Simon Wolfson said prices are easing faster than expected in its supply chain.
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Fashion and World Cup help UK's sunny August retail sales to edge upwards
The UK’s August retail sales figures proved to be better than expected and fashion — aided by warmer weather — had a big part to play in this.
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Steve Madden chief defends appeal of Oxford Street
The ongoing bid to revitalise one of London’s key shopping areas — Oxford Street — has received strong support from a major global retailer.
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Secret Sales acquires Spain's Dreivip.com
Off-price specialist Secret Sales — the UK-based retailer that claims it’s “solving the problem of excess inventory” — has acquired Spanish peer Dreivip.com as it continues its expansion into mainland Europe.
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Next expects higher profits as sales prove better than expected
Next delivered its usual very long report covering its half-year performance on Thursday and it showed that the company is continuing to see rising sales and profits. And it revised guidance for the full year upwards.
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Post-purchase specialist Shipup launches in UK, names new CEO
Post-purchase business Shipup has launched in the UK following its acquisition by Global Blue. And along with its arrival in the country, the company has named Agop Ashjian its new Chief Executive.
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British Land upgrades forecast for retail parks' performance
British Land has hitched its waggon to retail parks as the sector of choice to deliver success. So how’s that going for the UK property giant?
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TJX UK sees surging profits as TK Maxx chain recovers
TJX UK has filed its accounts with Companies House, covering the year to the end of January, and it’s reported a jump in both sales and profits.
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More Britons running up credit card debt, report
As the cost-of-living crisis grinds on, UK families have been using more debt to cover their bills as inflation has been stretching household finances, according to new research.
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British Land prepares for sale of Meadowhall mall
Property giant British Land is preparing to sell Meadowhall in Sheffield, one of the country’s major shopping centres, for around £750 million.
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Quiet No More: Fenwick launches first ad campaign
When it comes to advertising, Fenwick has been quiet for 221 years. But that’s about to change. Under the banner tagline ‘Quiet No More’, the UK department store group is launching its first-ever ad campaign.
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