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Retail news from The City

Financial results

Original Penguin continue Scottish expansion

Iconic American brand, Original Penguin, have opened their second store in Scotland. The lifestyle brand, which was founded in 1955, have launched their new store in Glasgow’s popular Silverburn centre.Original Penguin have been enjoying increasin...
10:06AM - Thu 28th August 2014

Small businesses turn away from banks for funding

Figures released today by the BDRC Continental SME Finance Monitor have shown that SMEs are continuing to shun banks in favour of alternative funding. In 2011, 51% of small businesses used external finance; however, the latest data (for the second...
09:23AM - Thu 28th August 2014

Boardroom

Small businesses turn away from banks for funding

Figures released today by the BDRC Continental SME Finance Monitor have shown that SMEs are continuing to shun banks in favour of alternative funding. In 2011, 51% of small businesses used external finance; however, the latest data (for the second...
09:23AM - Thu 28th August 2014
image(c)iStockphoto.com/combest-photo

Co-operative aims to restore confidence with board restructure

The troubled Co-operative Group will cut its board by half as it announced widespread changes to its governance structure.Keen to move on from the worst year in its history in which the 150 year-old group posted huge losses of £2.5bn, the company ...
08:42AM - Mon 11th August 2014
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