You’ve been in your role for about a year now – what’s it been like so far? It’s been great to join Debenhams Personal Finance which has seen some huge growth over recent years across all the product areas and the card programme is a key part of this. We have a clear defined strategy to grow this even further over the next few years.
Retail sales at the start of the year continued to slow down, seeing unexpected declines across all sectors except non-food.
At a time when most private equity firms are growing increasingly cautious about investing in retail, one firm is going against the grain. Sycamore Partners is raising its biggest-ever fund, which it will use to invest primarily in retail, CNBC reported. The firm is looking to raise between $3 billion and $4 billion, according to the report. The news comes a month after Sycamore closed on its $6.9 billion acquisition of Staples, which it is splitting into three parts
Marianne Wilson Costco Wholesale Club reported better-than-expected profit and revenue for its fourth quarter. read more
Marianne Wilson A New England-based retailer that has the distinction of being the first curtain catalog company is closing up shop. read more
Marianne Wilson The European Union has hit Amazon with a tax bill. read more
Marianne Wilson Office Depot took a first step toward its goal of transforming itself from a traditional office products retailer to a broader business services and technology products platform. read more
Ken Clark Ace Hardware Corp. has solidified its relationship with The Grommet. read more
Marianne Wilson One of the most closely watched holiday forecasts has good news for retailers. read more
Marianne Wilson Walmart is determined not to be bested by Amazon when it comes to same-day delivery. read more