Q4 was a challenging time for H&M as its core chain resorted to major markdowns. But the firm is upbeat, seeing plenty of growth potential through new brands, new markets and both the store and digital channels.
UK consumer confidence was flat quarter-on-quarter during Q4, Deloitte’s latest Consumer Tracker has shown, which means it’s the first time Q4 confidence hasn’t dropped compared to Q3 since the Tracker started.
The boss of House of Fraser’s Chinese parent has called on Theresa May to give a “definite signal” about what sort of Brexit her government wants as a leaked report shows both a hard and soft Brexit will hit the economy.
It’s always encouraging when a retailer headlines its trading update with words like “record first half” and that’s just what London-listed e-tailer MySale did Thursday, with H1 boosted by its try-before-you-buy offer.
One of the reasons quoted for Britons shunning retail stores this Christmas was in order to avoid queues and now a report has come out showing that consumers really do have a limit when it comes to queuing.
Westfield London’s much-talked-about extension will open in three phases starting in the spring with phase two not due until this summer and the entire £600 million extension to be open by the autumn.
The H-Farm-developed social shopping app has secured $20 million in funding as it aims to consolidate its operations in the United States, a market where the platform has significant expansion potential.
Stealthy in-line store pull-outs and intensified competition to attract new retailers figure among the problems facing malls in 2018, which must diversify their offer and focus their investments on consumer experience.