Retail
More Store Closures for New Look
New Look is set to close about 100 UK stores as part of its drive to cut costs and improve profitability. The fashion retailer said in March it would be closing 60 stores but has
Primark blames it on the Weather
Primark has blamed three periods of unseasonable weather for sliding sales over the past year. The fast fashion retailer, owned by Associated British Foods, said sales fell 2.1% for the year to 15 September at
The Manchester Restaurant Closures continue
More sad news is coming out from the Food and Drink scene in Manchester. Grill on the Alley is earmarked for closure as part of a restructure announced by owners Blackhouse Restaurants. Sister restaurant Grill on
Butcher chain Crawshaws close 7 shops in Greater Manchester
Butcher chain Crawshaws is to closemost of its shops in Greater Manchester with the loss of almost 100 jobs. The business plunged into administration on October 31 after it failed to raise money from investors
ASDA – Sainsburys’s deal to merge still go ahead
Despite concerns from many that the Mega Merger will create competition issues, Sainsbury’s boss Mike Coupe believes the merger with rival Asda will be going ahead. The merger will create the UK’s biggest supermarket chain.
Burberry profits up as Superdry pray for rain
Burberry saw like-for-like retail sales jump by 3% in the six months to 29 September. Profits are also up almost £50million year on year as pre-tax profits grew to £174.1million. This is in stark comparison
PwC release figures on Britain’s High Street, and it doesn’t make for good reading
This week we announced store closures for New Look, as well as profit warnings from Primark and Superdry as the High Street retailers struggle to stay in the black. The Accountancy firm PwC has now
Iceland’s Christmas Advert has been banned, but you can watch it here
Iceland’s Christmas advert has been banned as its deemed too political! Clearcast, the body responsible for vetting ads before they are broadcast to the public, said it was in breach of rules banning political advertising
Manchester Christmas markets brings £90 million to the local economy
The Manchester Christmas Markets returned this week and brought with them the promise of a boost to the local economy. The Markets are one of the few over the past few years to steadily grow
Brides left without Wedding Dresses as Berketex Bride goes bust
Berketex Bride went into Administration this week in another collapse on the High Street, with 15 stores closing almost overnight. A message pops up on the Bertex Bridge website stating : DOWN FOR MAINTENANCE Sorry
Famous North West icon Botany Bay to Close down
Traders at the famous Botany Bay shopping mill have been given notice to leave in order to make way for a New Botany Bay Outlet Village. The owners of the mill say it is simply
Petition gains pace over boss who won’t stop hugging staff
The Staff at Ted Baker have launched a petition accusing its founder Ray Kelvin of inappropriate behaviour which includes “forced hugging”. Ray Kelvin is famous for going to extreme lengths to avoid having his picture
Grant Thornton to be investigated over Patisserie Valerie’s accounts
The accounting watchdog has confirmed that it will investigate the auditor’s work for the parent firm of Patisserie Valerie as it looms on a pretty unstoppable collapse. The examination by the Financial Reporting Council (FRC)
Omega Travel in Liquidation with £20 million owed to creditors
Begbies Traynor has been appointed liquidators of the £300 million Travel agency Omega Travel. The agency has collapsed less than two months after its Atol licence was revoked. An urgent investigation is underway to recover
Costa Coffee launches £15 contactless cup
As innovation and tech find their way more and more into the Retail and F+B industry, Barclaycard has joined forces with Costa Coffee to launch a reusable coffee cup with integrated contactless payments technology that
Black Friday is coming, do you need to do anything about it?
Black Friday is coming on the 23rd November, and you’ve probably had your boss emailing you asking what promotional deals you’re pushing out for the Black Friday sales. However which recently did a check on
England’s best high street Winner is no surprise to Mancunians
At the Great British High Street Awards, Altrincham was named the best high Street in England. The ceremony in London was held at the ultra swanky Lancaster house, where Altrincham received a cheque for £5,000.
Intu forces House of Fraser out
House of Fraser will close four of its stores, all based in shopping centres owned by Intu Properties. Mike Ashley, whose company Sports Direct bought the chain out of administration for a snip at £90
Brides left without Wedding Dresses as Berketex Bride goes bust
Berketex Bride went into Administration this week in another collapse on the High Street, with 15 stores closing almost overnight. A message pops up on the Bertex Bridge website stating : DOWN FOR MAINTENANCE Sorry
Manchester Christmas markets brings £90 million to the local economy
The Manchester Christmas Markets returned this week and brought with them the promise of a boost to the local economy. The Markets are one of the few over the past few years to steadily grow
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