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UK RETAIL NEWS ON FASTMOVING

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Lenders seize UK retailer Debenhams, wiping out Ashley

Lenders seize UK retailer Debenhams, wiping out Ashley

12/04/2019 - 09:33
Debenhams’ lenders took control of the ailing retailer after it went into administration, wiping out shareholders including billionaire Mike Ashley in the latest corporate failure on Britain’s high street. read more
No Hammerson payout as it tries to leave UK

No Hammerson payout as it tries to leave UK

26/02/2019 - 09:34
UK and Europe shopping centre owner Hammerson’s dividend will not grow over the next two years while the company, the fourth-largest property group on the JSE, sells more than R9bn worth of its weaker UK and Irish assets.  read more
UK retail sales rebound in July on warm weather, discounts

UK retail sales rebound in July on warm weather, discounts

30/08/2018 - 10:23
UK retail sales bounced back strongly in July as warmer weather and extended discounts at stores encouraged shoppers to open their wallets. read more
UK retailers unknowingly selling real fur as faux fur, parliament’s probe reveals

UK retailers unknowingly selling real fur as faux fur, parliament’s probe reveals

26/07/2018 - 10:31
Remember when Woolworths hastily recalled a range of girls’ T-shirts on discovering that the fluffy bits on them weren’t faux fur‚ as labelled‚ but real animal fur? read more
Royal wedding to provide £561m retail boost

Royal wedding to provide £561m retail boost

09/05/2018 - 11:04
The upcoming royal wedding is expected to generate £561 million in retail sales in the UK, as fashion sales thanks to “the Meghan effect” skyrocket. read more
UK fashion brands continue to attract overseas online shoppers

UK fashion brands continue to attract overseas online shoppers

08/05/2018 - 10:41
Online search activity for UK retailers, especially from consumers outside the EU, has maintained its growth trajectory into 2018 – reflecting an ongoing trend to shop online. read more
Amazon leaves rivals behind on warehouse expansion

Amazon leaves rivals behind on warehouse expansion

04/12/2017 - 11:32
Amazon has tightened its grip on the UK retail market by taking more than five times as much new warehousing space this year as the next fastest growing rival. read more
Duchess of Cambridge’s pregnancy to spark retail sales boom

Duchess of Cambridge’s pregnancy to spark retail sales boom

07/09/2017 - 13:05
The Duchess of Cambridge’s announcement that she is pregnant is predicted to spark a baby boom across the UK, and retailers are preparing to cash in. read more
Lidl overtakes Waitrose to become 7th largest UK grocer

Lidl overtakes Waitrose to become 7th largest UK grocer

22/08/2017 - 12:59
Lidl has overtaken Waitrose to become the seventh largest grocer in the UK as the discounters continue grow at more than four times the rate of the Big 4. read more
 UK online sales boosted by Easter retail

UK online sales boosted by Easter retail

11/05/2017 - 11:27
Online sales of non-food products in the UK increased by 10.3% in April, compared to the same month last year, according to the latest report by the British Retail Consortium (BRC) and KPMG. read more
UK shoppers seeking new technology to help with grocery shopping

UK shoppers seeking new technology to help with grocery shopping

22/03/2017 - 10:04
While shopper use of tech for discounts, coupons and offers has been on the increase as technology has evolved in recent years, new research from IGD highlights it is not just saving money that shoppers are interested in when it comes to technology related to food and grocery. read more