Penneys, the Irish arm of the giant Primark retail chain, is to spend €14.8 million on moving and enhancing its Dublin flagship destination. The new Dundrum Town Centre store will give "an enhanced shopping experience”.
After a busy Christmas trading period for many retailers, now comes the downside. It’s that time of year when unwanted gifts are being returned, and this year’s tally could add up to £3.2 billion, says ParcelHero.
Following a “record” trading year, London jeweller tlke is looking to expand further and has secured £300k in HSBC-related funding. The amount, which is 80% backed by UK Export Finance, will support its 2022 goals.
Anouska Kapur has stepped down from the Frasers Group board with immediate effect after just three months as a non-executive director. She joined to provide “independent legal expertise” in commercial property.
UK retail giant Frasers Group saw revenues at its domestic and European operations surging in the half to October. And while its ‘rest of world retail’ division saw a double-digit dip, overall the results looked good.