A key monthly UK retail report for June seems to show that British shoppers are still turning away from physical stores and that a slight recovery seen in June in year ago was just a flash in the pan.
Charo Izquierdo, director of MBFW Madrid and the fashion weeks at Ifema, including Momad Metropolis and Momad Shoes, recently arrived in the capital with the goal of creating collaborations and improving quality.
M&S shareholders shouldn't be too concerned about its financial results in the next two years as those numbers aren't that important to the clothing and food retailer's future, its new chairman told them on Tuesday.
Anyone hoping for a trading update from M&S this week has had their hopes dashed with news that the under-pressure chain won’t be giving out the current-trading details that we’ve become accustomed to at its AGM.
Canadian retailer Hudson’s Bay Co. has responded to reports that it is selling half of its European business to Signa, confirming that the companies are in talks but denying that a definitive agreement has been reached.
The UK chancellor has admitted business rates are hurting retailers and that he’s seeking “a better way of taxing the digital economy” at the same time as the New West End Company is calling for an e-tailer sales tax.
A deal between Carrefour and Tesco to team up on global purchasing will help them not only cut prices but also expand their own-label ranges, tightening a squeeze on major brand producers such as Nestle and Kraft Heinz.