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.
The Competition and Markets Authority (CMA) has given the proposed £25 million merger of DFS and Sofology the green light.
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.
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.
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 (
£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 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 has reported record sales in its interim results as its chief executive says inflation in the UK has peaked.
John Lewis has been accused of plagiarism by children’s author and illustrator Chris Riddell over its Christmas advert Moz the Monster.
The parent company of TK Maxx has recorded a fall in third quarter profits, primarily due to investment in a new UK distribution centre.