Gear4music acquires AV Online
September 9, 2021 8:00 amGear4music has exchanged contracts on the acquisition of audio-visual retailer AV Online and its website domain name AV.com. Subject to gaining FCA approval, the transaction is... View Article
General Merchandise News
Halfords offers flexible pay cycle as part of financial wellbeing push
September 9, 2021 7:54 amHalfords is to offer its staff flexible pay as part of a financial wellbeing programme being rolled out to its 10,000 employees. The move follows the... View Article
Independent retailers hit by double whammy with rise in NI contributions
September 9, 2021 6:10 amThe Federation of Independent Retailers has warned that some local stores could be forced out of business due to the combination of a rise in National... View Article
Poundstretcher records an £80 million turnaround in profits in one year
September 8, 2021 2:34 pmDiscount chain Poundstretcher has bounced back in the space of just one year since being forced to enter a CVA in 2020. The family-owned retailer made... View Article
B&M posts better than expected half-year results
September 8, 2021 1:49 pmThe FTSE 100-listed discount retailer B&M Bargains has revealed UK profit margins are now expected to be higher than first thought while revenues have been broadly... View Article
The Snappy Group expands senior team to drive growth plans
September 8, 2021 12:13 pmThe Snappy Group has appointed Caroline MacGregor as Chief People Officer and Lisa Venter as Group Operations Director. The appointments come at a significant milestone in... View Article
Halfords posts strong sales growth despite supply chain constraints
September 8, 2021 10:15 amHalfords saw its total sales increase by 18.7% in the 20 weeks to 20 August compared to the corresponding period two years ago after trade was... View Article
Theo Paphitis Group eyes expansion of store network
September 8, 2021 7:18 amTheo Paphitis has said his retail businesses are looking to expand their store network and have identified 200 sites to investigate. Speaking at this week’s home,... View Article
Shaftesbury’s incubator initiative winner Tihara Smith joins line-up at Seven Dials
September 7, 2021 11:47 amLifestyle brand Tihara Smith has launched a debut pop-up store in London’s Seven Dials after being named as winner of Shaftesbury’s retail incubator initiative, Start Up with... View Article
