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Stores still key to shopper journey

Despite numerous CVAs and branch closure plans on the high street, stores offering convenience and a destination shopping experience will continue to provide value for retailers, as online sales grow. Stores are still a key part of the multichannel ... 
7 June 2018

Ultra Furniture Ltd in administration, as business is hit by Tesco Direct closure

UK upholstery manufacturer, Ultra Furniture Ltd, appointed administrators yesterday, resulting in 160 job losses, following news that its biggest customer, Tesco Direct is set to close this summer.Steven Muncaster of Duff & Phelps, was ... 
7 June 2018

Hartley Botanic's 'Tropical Britain' tradestand wins best in show at RHS Chatsworth

British greenhouse and glasshouse manufacturer Hartley Botanic has been awarded the best tradestand accolade at RHS Chatsworth Flower for its ‘tropical Britain’ tradestand. Key to the Lancashire manufacturer’s success has been its single-minded ... 
7 June 2018

Amazon UK on recruitment drive

Online retail giant set to create more than 2,500 permanent jobs in the UK this year in order to meet increasing customer demand and an ongoing expansion of products and services. The new additions will grow Amazon’s total permanent workforce in the ... 
7 June 2018

Carpetright gets go-ahead from shareholders for recovery plan

Flooring specialist, Carpetright has secured shareholder approval for emergency plans to keep the business trading using money raised through a conditional placing. The placing and open offer, which took place on June 5, raised around £60million. ... 
6 June 2018

Consumer spending in DIY stores and garden centres soar in May

The sunshine brought shoppers out in force in May, as consumer expenditure rose significantly during May, peaking over the early Bank holiday, with garden centres recording a year-on-year increase of 50.3% over the weekend, whilst spending in DIY ... 
6 June 2018

Police report 4% increase in shoplifting across UK

Latest figures reveal that retailers have seen an average increase of 4% in shoplifting incidents in the past year, with over 370,000 offences reported in 2017-18.Overall, a total of 378,725 shoplifting incidents were recorded in the UK during the ... 
4 June 2018

John Lewis Partnership acquires home improvement business Opun to enhance home services offer

The John Lewis Partnership today announced that it has acquired Opun, which manages home improvement projects on behalf of customers. The acquisition will strengthen the retailer’s position in the home services market while also complementing its ... 
4 June 2018

Wilsons of Colchester acquire Westbrook & Thompson

DIY Wholesaler Wilsons of Colchester has announced it has acquired Westbrook & Thompson, the South London wholesaler of household hardware and DIY products who has been established since 1919, offering products and service to retailers and trade ... 
1 June 2018

BHS.com’s fate shows retailers need physical stores and website to survive

Yesterday’s announcement that Al Manna Group would be scrapping the resurrected BHS website demonstrates that UK department stores, can only survive by employing a multi-channel sales approach that incorporates both high street shops and a website, ... 
1 June 2018

Sugru inventor nominated for European Inventor Award

Irish inventor Jane ní Dhulchaointigh and her team have been nominated for a European Patent Office (EPO) prize for creating the world's first mouldable glue.Mrs ní Dhulchaointigh is the first ever Irish finalist thanks to the putty-like, mouldable ... 
1 June 2018

B&M profits soar as customers flock to discount retailers

Discount retailer B&M has announced a positive result in revenue despite purse strings tightening and high street retailers struggling to keep afloat.Income at B&M European Value Retail S.A. for the 53 weeks to 31 March 2018 was £3.03bn ... 
1 June 2018

Stax takes to the road with mobile showroom

Stax Trade Centres has invested in a new mobile showroom that is visiting customers’ premises to showcase its workwear range.The showroom, which is mounted on a road trailer, is a first for Stax, which supplies workwear services to a wide range of ... 
1 June 2018

BHS online arm to cease trading

The Qatar-based Al Mana Group, which bought BHS in 2016, will close down UK-based BHS.com following “a strategic review” of the business, with plans to focus resources on its international store-based business.The UK-based online retailer will close ... 
31 May 2018

Retailers need to do more to target rising number of female DIYers

Although four in 10 shoppers think home improvement stores are aimed at men, British women are the biggest spenders, splashing out over £300 a yearNew research released today by Barclaycard reveals a rise in females doing it for themselves as one in ... 
25 May 2018

71% of homeowners suffer from renovation uncertainty says DigitalBridge

Almost three-quarters (71%) of UK homeowners wouldn’t know where to start if they wanted to complete a bathroom refurbishment, new research has revealed.The survey, completed on 1,100 consumers by DigitalBridge, found that just 5% of people would ... 
25 May 2018

ERA teams up with security app developer Safeland

ERA, the UK’s home security specialist, has teamed up with Safeland, a company that has designed a unique app to help communities feel safer and better protected against crime. Focusing on the idea that crimes may be reduced or prevented if members ... 
25 May 2018

BREAKING NEWS: Wesfarmers sells Homebase, describing business as "disappointing investment"

Bunnings parent Wesfarmers today announced it has agreed to divest the Homebase business to Hilco Capital for just £1, as it said the “risks associated with a turnaround don’t justify the additional investment and management required”.Under the ... 
25 May 2018

Sugru parent company bought by Tesa

The London-based company FormFormForm Ltd which launched kneadable glue product, Sugru, is set to become a fully-owned subsidiary of German firm, Tesa SE. Thus.Adhesive manufacturer Tesa says the acquisition “strengthens its market position in self-... 
24 May 2018

April retail figures show welcome boost in sales

Retail sales for April increased by 1.6%, as figures from the Office for National Statistics shows a positive step for UK high streets, after adverse weather conditions and economic difficulties caused a lack of footfall and consumer spending.Month-... 
24 May 2018
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