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Barry Williams chooses Poundland over Morrisons for next chapter

Monday 24 October 2016 - Posted by Elias Jahshan

Barry Williams has turned down his upcoming position with Morrisons and will not join Poundland instead as its new trading director. Williams was set to begin his role as Morrisons’ ambient trading directior in February, but will now work at discount retailer from November 14....


Joe Browns recruits Debbie Torr as product director

Monday 24 October 2016 - Posted by Elias Jahshan

Online retailer Joe Browns has appointed Debbie Torr as its new product director. Torr joins the etailer after five years with plus-size retailer Yours Clothing, four which she served as board member. Prior to that, Torr worked at Next for 13 years as head of merchandising. Cl...


Toys R Us cast "considerable uncertainty" over post-Brexit UK economy

Monday 24 October 2016 - Posted by Elias Jahshan

Toys R Us has expressed concern over consumer spending in the wake of the Brexit vote as it released flat annual results. The retailer, which operates 78 stores across the UK, recorded sales of $436 million for the year to January, a figure that barely changed from the previou...


Brent Cross shopping centre’s £1.4bn upgrade to rival Westfield

Monday 24 October 2016 - Posted by Elias Jahshan

The owners of Brent Cross in London’s north have revealed plans to double the shopping centre in size as part of an ambitious £1.4bn overhaul. The mordernisation of the 40-year-old shopping centre would see it be refurbished and expanded to the size of to 1.9 million sq ft, wi...


BHS administrators call for takeover of Retail Acquisitions to track £1.5 million loan

Monday 24 October 2016 - Posted by Ben Stevens

BHS administrators Duff and Phelps have issued a high court petition calling for the wind up of Retail Acquisitions, the company which acquired the department store chain prior to its collapse. According to the Sunday Times, the administrators are hoping to gain control of the...


Game angers customers over £5 per 10 minute VR trials

Monday 24 October 2016 - Posted by Ben Stevens

Game has announced controversial plans to charge customers to try the demo of the PlayStation virtual reality headset. The struggling gaming retailer posted its pricing on Twitter, charging £5 for 10 minutes of time with the new hardware. Customers need to book their time slot...


Underage Syrian refugees exploited in British retailers' Turkish factories

Monday 24 October 2016 - Posted by Elias Jahshan

Teenagers who have fled the civil war in Syria have been found making clothes for various British fashion retailers in Turkey, a BBC investigation is set to reveal. According to a BBC Panorama episode that will broadcast tonight, refugees as young as 15 were reportedly found w...


Debenhams' new boss faces scrutiny over growing pensions deficit

Monday 24 October 2016 - Posted by Ben Stevens

Debenhams' new chief executive Sergio Bucher is expected to come under intense scrutiny this week as pressure mounts to address the retailer's growing pensions deficit. Later this week Debenhams will release its yearly financial results, inevitably fueling questions on how the...


Could French Connection finally be sold?

Monday 24 October 2016 - Posted by Ben Stevens

International retailers and private equity firms are reportedly poised to make offers on struggling fashion brand French Connection following rumors the founder may consider a sale. The high street retailer has posted losses for five years consecutively, losing £3.5 million la...


BHS International announces ambitious expansion project

Monday 24 October 2016 - Posted by Ben Stevens

BHS international has announced ambitious plans to expand its operation across the globe. The retailer’s international arm is poised to expand into 10 new countries throughout Africa, the Middle East and Europe as its Qatari owners finalise deals with three franchise partners....

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