PRIMARK HINTS AT BIG LOSSES DUE TO EXTENDED LOCKDOWN
LOSSES TO REACH £1.05 BILLION Primark parent company AB Foods has warned of a hit from lost retail sales of more than £1 billion if...
Tag : retail news
Debenhams To Close Six Stores Permanently
12,000 jobs at risk Debenhams said six stores will not reopen. Debenhams’ liquidation in December will put 12,000 jobs at risk. The flagship store on...
NEXT TO BUY ARCADIA GROUP???
Next is reportedly in advanced discussions with Sir Philip Green’s Arcadia Group about a takeover deal. The fashion retailer, along with US investment firm Davidson...
APPAREL SALES HIT IN NOVEMBER
Second lockdown impacts sales The latest figures from The Office for National Statistics found retail sales volumes fell 3.8 per cent in November compared to...
Authentic Brands likely to takeover Debenhams & Arcadia Group
US retail firm Authentic Brands is reported to be in discussions with administrators at both Arcadia Group and Debenhams. Arcadia Group fell into administration on...