The Works boss Kevin Keaney has stepped down after nearly nine years at the helm just two months after a shock profit warning sent its shares tumbling.
Mike Ashley’s retail group has written to the Prime Minister, urging the Government to reform the business rates system to ease current high street turmoil.
Sofa chain DFS has said annual profits are set to remain “broadly” on track despite revealing a half-year sales tumble amid difficult retail conditions.
Boohoo sales have soared over the past four months, putting the online fashion retailer on track to surpass profit and revenue forecasts for the year.
Supermarket Lidl said it outperformed every rival on the high street over the Christmas period, with bosses revealing families switched £110 million of their spend to the discounter.
Retailers have suffered their worst year on record as overall sales fell for the first time, according to the latest figures.
The boss of Shoe Zone has called for urgent business rate reductions to avoid high street store closures as the retailer posted lower annual profits.
Retailer Topps Tiles has blamed falling sales on political and economic uncertainty as the general election weighed on consumer confidence.
Supermarket giant Sainsbury’s has revealed lower sales over its Christmas quarter as a tough toy and video games market offset a robust performance in food and clothing.
Retailer Next has increased its profit forecast for the past year after posting higher sales than predicted in last two months of 2019.
A discount retailer is making plans to open in a former book shop on the city’s Union Street, The Evening Express can reveal.
The retail crisis engulfing Britain’s embattled high streets led to 16,073 shops – about 61 every working day – pulling down their shutters for the final time during 2019, new research has found.
It has been quite a year for consumers, who spent accordingly to respond to a craze for tidying up, the hottest day on record, Love Island and Brexit.
Bad weather has deterred some Boxing Day bargain hunters, with footfall reportedly down 10% in high streets and shopping centres.
Britons are expected to spend £200 million less in the post-Christmas sales this year as environmental concerns drive down buying.
There was no last-minute “dads’ dashes” on the final shopping day before Christmas, with figures showing a decline in footfall by almost 10%.
Tesco has halted production at a factory in China alleged to have used ‘forced’ labour to make charity Christmas cards.
Last-minute Christmas shoppers are expected to enjoy widespread discounting this weekend as retailers use Super Saturday to provide a much-needed end-of-year boost.
Troubled retailer Ted Baker has lost another long-standing board member just a week after its chairman and chief executive quit.
Department store Beales has confirmed it is putting itself up for sale as it looks at refinancing options amid tough high street conditions taking their toll on the 138-year-old chain.
The boss of Watches of Switzerland shrugged off wider retail woes as he said consumers are prepared to splash out on “rational indulgence” in the face of uncertainty.
Troubled retailer Ted Baker has seen its crisis deepen after warning over profits once again and revealing the immediate departure of its chief executive and chairman.
Around 2,500 jobs have been secured at Clintons after the greetings card chain was sold back to its existing owners as part of a rescue deal.
Britain’s all-important services sector has slipped back into contraction as faltering consumer spending and wet weather saw the steepest drop in activity since March, according to a report.
Morrisons’ highly-rated finance chief has been promoted to chief operating officer, putting him into pole position to take on the top job when current chief executive David Potts steps down.
Bosses at fashion chain Quiz have blamed economic uncertainty and shoppers spending less on the high street as it sunk into the red.
Consumer confidence has “flatlined” in the face of Brexit and election uncertainty, four years since it was last in positive territory, according to a long-running survey.
The boss of model train maker Hornby said it is back on track in its turnaround as the company narrowed its losses for the year.
Retailer Pets At Home has seen shares soar higher after delivering a dose of profit cheer following strong half-year sales and earnings.
Marks & Spencer has said former menswear director Richard Price will return to the business after an eight-year hiatus, to head its embattled clothing and home arm.