Department store chains looked to be one of the rare retail success stories during the recession, with British giant John Lewis managing to post record sales figures over the Christmas period. However, it looks like the bubble may have burst for certain... Read More
As the undisputed champions of the Christmas season, it is hardly surprising to learn that staff members of the John Lewis Group have earned a 17 per cent bonus for their performance in 2012. While the John Lewis department stores themselves broke... Read More
It is no secret that the changing face of the retail industry together with continuing economic uncertainty has had a massive impact upon both independent and chain stores. A dramatic rise in the popularity of internet shopping and the administrations of... Read More
Fashion retailer Republic has confirmed widespread fears, declaring that it has called in the administrators. The Leeds-based group, which has 121 stores and roughly 2,500 staff, said it had chosen accountants from Ernst & Young to take over the... Read More
Surprise Move Follows Successful Christmas The Christmas trading period was far from the turnaround in consumer confidence hoped for by the retailers of the UK, with many failing to match sales figures from previous year despite the end of the recession. In... Read More
With no change in Britain’s economic outlook, the looming threat of a triple dip recession is becoming increasingly likely. Three retail administrations within the first month of 2013 have added greatly to these fears, as it suggests that yet more retailers... Read More
Smartphone technology has become a staple in the lifestyle of the UK’s busy workers, with employees using their iPhone, Samsung Galaxy or Nexus to do everything from checking emails to ordering in their lunch. And yet there is one aspect of... Read More
Towards the end of last year, things seemed as if they were looking up for the high street. Despite the loss of JJB Sports, stores were beginning to report more positive sales figures than have been seen in some time in the run up to Christmas, with John... Read More
Last week, it was announced that the bumper Christmas sales season so hoped for by retailers on the high street failed to materialise, with only a select few such as John Lewis enjoying a high measure of success during the past few weeks. This could spell... Read More
2012 was a tough year for small and large businesses alike, with many popular high street stores struggling to attract customers through their doors. In fact, trading was so poor that many high profile brands such as JJB Sports, Clinton Cards and Peacock’s... Read More
