Sports giant New Balance has opened a store on London’s Oxford Street and said it is committed to manufacturing in Britain despite Brexit. The store is the firm’s largest outside the US, with 950 sq ft on three floors.
Hull’s Princes Quay shopping centre is to be revamped and repositioned in a major £20m scheme that will create a a new urban centre waterfront concept. It will be a first for mixed price retailing when it opens in 2017.
Black Friday will be this year’s biggest online shopping day in the UK and smartphones will be key as they outstrip shopping on tablets, according to an Adobe report. It also said online spend will rise 10% to £2.46bn.
Chinese package delivery company ZTO Express fell 15 percent from the company's IPO price in its U.S. market debut on Thursday, despite having raised more than expected at $1.4 billion the night before.