TJX Companies posts second quarter loss
August 19, 2020 3:40 pmTK Maxx owner TJX Companies has posted a net loss of $214.2 million in its second quarter after trade was impacted by store closures during the Covid-19... View Article
General Merchandise News
Argos extends home deliveries to more Scottish islands
August 19, 2020 5:25 amArgos is expanding its delivery service in the Scottish islands through a new trial that will enable shoppers in some of the remotest areas to get their online... View Article
Advisors called in to market Laura Ashley manufacturing and distribution facilities
August 18, 2020 2:06 pmAdministrators for Laura Ashley have drafted in property advisors to market the failed fashion and homeware retailer’s manufacturing and distribution facilities. PwC have appointed Avison Young... View Article
Hamleys chief executive to step down
August 18, 2020 2:00 pmHamleys chief executive David Smith is to step down after just seven months in the role. According to Sky News, Smith is set to leave the... View Article
Marks & Spencer to cut 7,000 jobs in next three months
August 18, 2020 8:03 amMarks & Spencer has announced plans to cut around 7,000 jobs as it looks to streamline the business both at a store and management level. The... View Article
Boots expands baby products offering
August 14, 2020 8:38 amBoots is working to expand its baby offering as part of plans to become one of the biggest baby product retailers in the UK. Now offering 250 baby brands,... View Article
Very Group revenue passes £2 billion mark for first time
August 13, 2020 10:15 amVery Group has seen its annual group revenue pass the £2 billion mark for the first time after fourth quarter retail sales grew by 36% at Very.co.uk. The group... View Article
Halfords appoints Tom Singer as non-executive director
August 13, 2020 7:45 amHalfords has appointed former Moss Bros finance director Tom Singer as a non-executive director. Singer worked with Moss Bros from 1997 to 2000 but more recently was chief financial... View Article
Retail sales increase in July
August 11, 2020 7:01 amNew figures have shown that retail sales increased by 3.2% on a total basis in July to mark the second consecutive month of growth since the... View Article
