Major brands like Ralph Lauren and Kurt Geiger are owed million of pounds from House of Fraser and stand to make little back following its administration.
More big-box retailers are carrying bulletproof backpacks for kids, as demand soars following several deadly school shootings this year, including massacres at high schools in Florida and Texas.
Panera Bread founder Ron Shaich heads up Act III Holdings, the investment fund that offered to help finance Cava's acquisition of Zoes. Should the deal go through, he will become chairman of the private company.
Shares of Sears Holdings skidded to a record low Friday after the company disclosed earlier in the week that a hedge fund owned by CEO Eddie Lampert offered to buy the troubled retailer's Kenmore appliance division for $400 million.
African-American consumers sometimes spend thousands of dollars a year on their hair, contributing to the multibillion-dollar black hair care industry.
The investor reaction to Macy's and Walmart's earnings this week — both exceptionally good — was unexpected.
When the whole world’s watching, it helps to be on top form, and that’s the case for Asda as the supermarket giant this week reported its fifth consecutive quarter of rising sales. Despite an unpredictable consumer climate in the second quarter, Asda reported a 0.4 per cent rise in like-for-like sales. That makes it the first time the retailer has outperformed the market in four years.
JD.com has swung back into the red amid its second quarter nearly doubling loss forecasts as it shifts its warehouse and assets to another unit. The Chinese retail behemoth reported a loss of $334.4 million (£262.8 million) for the three months since April, nearly double the $177 million loss Reuters ’ analysts predicted.
Arket has opened its first store outside of the Greater London area with an 8,600sq ft regional flagship store in Liverpool One. The Paradise Street store, first announced in May, is the H&M subsidiary’s fifth in the UK, having launched in the country a year ago this month
The re-invention of King’s Cross’ retail offering continues as premium fashion brands add their names to the ring at Coal Drops Yard. The new 100,000 sq ft retail destination situated just north of King’s Cross Station is now 80 per cent let ahead of its opening on October 26, bucking the national trend of declining demand for retail spaces