Monday, January 22, 2018
consumer spending

Consumer spending hits lowest level since 2012

Consumer spending dropped to the lowest level in five years during 2017, dragged down by lower spending in December.
Mothercare Christmas

Mothercare issues profit warning after plummeting Christmas sales

Mothercare has issued a profit warning after a dire performance in in the UK during the run-up to Christmas.
Dominic Chappell trial

Dominic Chappell to appear in court for withholding BHS sale information

The last owner of collapsed department store chain BHS will appear in court today to face accusations.
Tesco, M&S, Sainsbury's, John Lewis

Tesco, M&S, John Lewis, Sainsbury’s & Morrisons to publish Christmas results next week

A number of the UK's biggest retailers are slated to publish their Christmas trading updates next week.

Steinhoff’s CFO steps down as investigation deepens

Another key Steinhoff figure has stepped down spelling further trouble for the embattled retailer, as the scandal develops.

Record number of small businesses looking to shut shop

A record number of small businesses faced downsizing or closure throughout the end of 2017, as sluggish demand hit margins.

Highest deflation for 9 months in December

December gifted shoppers with the fastest rate of deflation in nine months, following months of near inflation.

Poundland, Harveys and Bensons for Beds get funding to replace Steinhoff

Steinhoff’s UK companies have announced that they have secured a new two-year independent loan from Pepkor.
Takeback Tuesday

“Takeback Tuesday” to see returns volumes double

Returns of unwanted Christmas presents are expected to double on today as retailer prepare for "Takeback Tuesday".
London Bridge

London Bridge opens retail development 10 times its previous size

London Bridge’s major new development has opened today, offering travellers ten times the amount of retail space.

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