Boxpark is set to move into Wembley Park after signing a 10-year joint venture agreement for its third shipping container-based retail and food destination in the capital. The 43,000sq ft scheme, which will open in 2018, will host 29 independent retailers and food and beverage operators and will be located on Olympic Way – also known as Wembley Way.
Marks & Spencer has launched a trial of a one-hour-delivery service on selected products as it moves to enhance its food and grocery offering.
Debenhams has taken a stake in on-demand beauty services company Blow, as part of ambitions to accelerate its presence in the £4 billion beauty services market.
Ocado’s sales continued to rise in the third quarter, with the online grocer recording a 14.3 per cent jump in total revenue. In the 13 weeks to August 27, the retailer raked in £344.5 million in total revenue, while its retail revenue was up 13.1 per cent to £312.7 million. In addition, it grew its average orders per week by 16 per cent to 254,000.
Former deputy chief executive of Shop Direct Gareth Jones is set to take on the role of chief executive of online at Missguided, according to Drapers. Jones will reportedly start at the fast-growing fashion retailer next week, reporting directly to Missguided’s founder Nitin Passi. READ MORE: Missguided brother label Mennace launches next month He left his previous role at Shop Direct at the end of 2016, following a seven-year stint at the company
Independent department store chain Beales is set to open up its first store in Scotland in the space left behind by McEwens of Perth. McEwens of Perth went into administration and closed down in May last year after suffering ongoing trading losses, leading to around 100 job losses.
The founders of Superdry have launched a long-term incentive scheme which will see them share their wealth with all 4500 colleagues in the business worldwide. The initiative is part of a strategy to attract, retain and reward the best staff at the British fashion retailer, and will run from October 1 this year to September 30, 2020
One small business owner a week has been sent to prison after failing to pay the newly adjusted business rates bills, as the government warns sole traders to pay up or face prison. According to new data compiled by CVS for the Press Association , 54 business owners were sent to prison for up to 90 days for nonpayment of business rates in the year to the end of March. Whereas limited companies face liquidation if they are unable to pay the controversial new rates, sole traders and self-employed businesses face a “disproportionate financial and legal burden” and prison for not keeping up with payments.
The apparel retailer's chief executive is out just weeks after hiring a management consulting firm following a nearly $4 million profit loss for the year so far.
Notonthehighstreet chief executive Simon Belsham has stepped down from his role at the online retailer with immediate effect. According to Retail Week , Belsham is departing for personal reasons.