Reports have emerged that Maplin is in “crunch talks” with potential buyers as it races to secure a new owner to guarantee the future of its 2500 employees. The parent company of the electricals chain, Rutland Partners, appointed PwC in January to review Maplin’s options after it identified cost savings and contacted landlords for better rent terms. The retailer is reportedly confident in being able to secure a sale, although no deal has been agreed as of yet.
Congratulations the launch of Peddler! When I saw the site live for the first time, I felt so proud of my incredible team. They have all worked so hard to put all the pieces together and now it’s finally come to fruition, and I couldn’t have done it without them. We’ve already generated heaps of sales and had lots of positive feedback, but we are continuing to make changes based on our customers’ responses to make the site even better for them
Australian stationery retailer Smiggle is set to open a two-storey flagship store on London’s Oxford Street as it ramps up its ambitious expansion scheme.
Retail has been revealed as the most miserable industry to work in, according to a new study on attitudes towards bosses. The study, commissioned by Expert Market and facilitated by independent survey company Vivatic, quizzed 2200 people about their relationship with their managers to determine the industries with the worst bosses. Just over half of respondents – 52 per cent – said that they hated their job specifically because of their boss, and one in 10 said they imagined killing them.
LVMH has beaten analyst expectations amid its full-year results, as the luxury retail group’s major senior reshuffle starts to bear fruit.
Albertsons Companies unveiled a new service designed to help consumer brands figure out whether their digital ads are working.
Here are the companies, technologies and trends that soared or sank in 2017.
Lowe’s Companies has tapped a former Amazon associate to ramp up its digital strategy.
Related Companies is three steps closer to reaching its goal of making the Hudson Yards’ development a luxury retail complement to New York’s Fifth Avenue.
Next has become the latest retailer to trial a store-in-store concept at the UK’s largest grocer Tesco. Earlier this week Next opened a 4300sq ft concession inside Tesco Extra in Surrey Quays, stocking a basic range of both menswear and womenswear