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Gloucester Quays signs on new Ted Baker outlet store

Friday 24 February 2017 - Posted by Elias Jahshan

British fashion retailer Ted Baker is poised to open a new outlet centre at Gloucester Quays later this year. The 2200sq ft store will stock the brand’s menswear, womenswear and accessory collections. Ted Baker is the latest in a string of recent signings for the Lifetsyle Out...

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Mary Portas to help revive Sainsbury’s Tu fashion brand

Friday 24 February 2017 - Posted by Elias Jahshan

TV personality and retail expert Mary Portas has been hired by Sainsbury’s to help transform its Tu fashion brand into a “destination brand for high street fashion”. According to The Drum, Portas’ – also known as the “Queen of Shops” - creative agency Portas was also appointed...

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Aldi, Primark, TK Maxx, Poundworld & TJ Hughes swoop in on former BHS sites

Friday 24 February 2017 - Posted by Elias Jahshan

Discount and budget retailers are swooping in on a raft of former BHS department stores across the UK. According to Property Week, Aldi has signed a 20-year lease on a former 20,000sq ft BHS site Cameron Toll Shopping Centre in Edinburgh, while Poundworld is close to confirmin...

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Big Interview: Adele Cooper, UK & Ireland Country Manager, Pinterest

Friday 24 February 2017 - Posted by Ben Stevens

Social media is playing an increasingly significant role in the world of retail. Take London Fashion Week, for example. Once an invitation-only affair, it has now transformed into a global event which fashionistas can experience from their own bedrooms. More importantly, it al...

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Dominic Chappell reveals details on £14m legal case against Sir Philip Green

Friday 24 February 2017 - Posted by Elias Jahshan

Details have emerged on the £14 million legal challenge Retail Acquisitions wants to bring to the court again Sir Philip Green and his Arcadia Group retail empire. The company owned by three-time former bankrupt Dominic Chappell has previously indicated plans to take Green to ...

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TK Maxx parent company surpasses $33bn in net sales

Friday 24 February 2017 - Posted by Elias Jahshan

The parent company of discount retailer TK Maxx and Home Sense has recorded an increase in like-for-likes, sales and profits for its financial year ending January 28. TJX Companies’ net sales stood at $33.2 billion (£26.45 billion), a seven per cent increase over last year's s...

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68% of retailers have no plans for Brexit: study

Thursday 23 February 2017 - Posted by Elias Jahshan

Although the UK could be just days away from triggering Article 50, 68 per cent of retailers have yet to start planning for Brexit. According to a new survey of 250 British retail decision-makers commissioned by Global-e, 51 per cent of retailers also believe the vote to leave...

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Almost 400 jobs in jeopardy as John Lewis begins structural shake-up

Thursday 23 February 2017 - Posted by Elias Jahshan

John Lewis has said almost 400 employees are set to be made redundant as part of a major structural shake-up. The John Lewis Partnership, the parent company of the department store chain, has commenced the consultation process with 773 staff, but only around half of them will ...

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High Court adjourns legal action against Dominic Chappell's Retail Acquisitions

Thursday 23 February 2017 - Posted by Elias Jahshan

The High Court has adjourned a legal challenge by BHS administrators to take control of the company Dominic Chappell used to allegedly extract millions of pounds as the department store chain financially spiralled downward. The three-time former bankrupt bought BHS for £1 from...

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Lidl's new Scottish distribution centre to create 360 new jobs

Thursday 23 February 2017 - Posted by Elias Jahshan

Lidl has won planning approval from North Lanarkshire Council for a new regional distribution centre, which is expected to create up to 360 jobs. Located at Eurocentral on Coddington Crescent at the end of the M8, the grocer will also relocate its 400-strong workforce from Liv...

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