Tuesday, November 21, 2017

BrightHouse on verge of £220m deal

Embattled rent-to-own retailer BrightHouse is on the verge of securing a £220 million restructuring deal which would see its previous owner Vision Capital’s stake reduced to just three per cent.
DFS Sofology

CMA green lights DFS and Sofology merger

The Competition and Markets Authority (CMA) has given the proposed £25 million merger of DFS and Sofology the green light.

First drop in Christmas spend for 5 years expected

Spend this Christmas is expected to drop for the first time in five years spelling bad news for retailers hoping to redeem a turbulent year with a strong final quarter.

Which? warns of Black Friday splurges as 60% of deals found cheaper throughout the...

According to consumer group Which? more than half of the 35 more popular items in technology, home and personal care were available for a cheaper price at different times of the year.
meal kits

Amazon’s meal kits set to hit UK as patent filed

Amazon’s “prepared food kits” are thought to be likely to hit UK shelves imminently, as the retail issues a trademark at the UK’s Intellectual Property Office (

Average Brit steals £23 of goods a month from self-service checkouts

£3.2 billion worth of goods are stolen through self-service checkouts every year with the average Briton stealing £23 worth of items a month.
Oxford Street

2 acre retail development proposed for Oxford Street

Oxford Street is set to see a new two-acre “major retail-led development” of the Mount Royal plot as its owners hire architects Make to draw up plan
Mountain Warehouse

Mountain Warehouse boss Mark Neale hails end of inflation as sales rise

Mountain Warehouse has reported record sales in its interim results as its chief executive says inflation in the UK has peaked.
Moz the monster

John Lewis accused of plagiarism over Moz the Monster ad

John Lewis has been accused of plagiarism by children’s author and illustrator Chris Riddell over its Christmas advert Moz the Monster.
TK Maxx update

TK Maxx parent company posts slump in profit

The parent company of TK Maxx has recorded a fall in third quarter profits, primarily due to investment in a new UK distribution centre.

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Feature Resource

2017 UK Retail Report

In a world where people can do all their Christmas shopping from their sofa, how will you entice them to your store? The good news...