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Landlords face £110m business rates hike over empty BHS stores

Tuesday 25 April 2017 - Posted by Elias Jahshan

The ghost of BHS’s collapse is set to continue to haunt landlords of empty stores once occupied by the department store chain, with reports indicating they are set to face a £110 million business rates hike. According to the Mail on Sunday, a year after BHS’s collapse, landlor...

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JD Sports-owned Get The Label expands to China

Tuesday 25 April 2017 - Posted by Elias Jahshan

Online designer discount retailer Get The Label has expanded into China with a launch of a website catered to that market. The retailer, which founded in 2009 and is part of the JD Sports Group, has customised its site for Chinese customers with the aim to improve conversion r...

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Carpetright warns over profits after sluggish final quarter

Tuesday 25 April 2017 - Posted by Elias Jahshan

A slowdown in sales growth has prompted Carpetright to warn over profits as it prepares to release its full-year results. The retailer recorded a 1.4 per cent rise in UK like-for-like sales in its final quarter to April 22, down from 1.9 per cent in the previous three months. ...

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Former House of Fraser boss Nigel Oddy appointed CEO of The Range

Tuesday 25 April 2017 - Posted by Elias Jahshan

The former chief executive of House of Fraser who grabbed headlines in November for his sudden resignation has just been hired in the same role for homeware and garden retailer The Range. Nigel Oddy had been chief executive of the department store chain for less than two years...

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5 Minutes With Donna Baker, CEO, Poundshop

Monday 24 April 2017 - Posted by Elias Jahshan

Tell us a bit about yourself and your background before Poundshop. Since leaving the loss adjusting industry as one of the youngest appointed loss adjusters, I have focussed on retail, particularly ecommerce. In terms of highlights, working with one of retail’s biggest names, ...

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Westgate Oxford adds 6 new retailers to line up as countdown to re-opening begins

Monday 24 April 2017 - Posted by Elias Jahshan

Westgate Oxford has unveiled six new retail signings to its line up, as the shopping centre begins the six-month countdown to the official re-opening after its multi-million pound renovation. The shopping centre confirmed that international retailers Levi’s, Skechers and Acuit...

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BHS.com's managing director leaves for Wyevale Garden Centres

Monday 24 April 2017 - Posted by Elias Jahshan

The managing director of the online-only revival of BHS is set to step down, just seven months after it was launched. David Anderson is set to take up his new role as retail operations director at Wyevale Garden Centres on May 2. BHS International finance director Rebecca Raje...

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Arcadia's Outfit makes high street debut in former BHS unit

Monday 24 April 2017 - Posted by Elias Jahshan

Arcadia Group’s multi-fascia chain Outfit will make its high street debut next month, opening in a unit left behind by BHS in Newcastle-upon-Tyne. Outfit, which has 77 stores around the UK, normally operates as an out-of-town retail chain that offers clothing from Arcadia’s fa...

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Cath Kidston CEO: 'Protect EU workers' rights in UK'

Monday 24 April 2017 - Posted by Elias Jahshan

The boss of Cath Kidston has urged the UK to continue to have access to key markets and workers after Brexit, while also protecting rights of EU nationals currently living here. Speaking to Press Association, Kenny Wilson said the "strength of brand Britain" was inextricably l...

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Boohoo's profits expected to double

Monday 24 April 2017 - Posted by Elias Jahshan

Boohoo's full-year results later this week is expected to boast a surge in annual pre-tax profits to £29.6 million and 50 per cent growth in sales. According to The Telegraph, Boohoo’s annual pre-tax profits is almost double the £15.6 million recorded a year earlier. Meanwhile...

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