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Shop Direct hires first business development director

Shop Direct hires first business development director

Friday July 29th 2016

Shop Direct, the owner of Very.com and Littlewoods.com, has hired Sally-Anne Newson as its first business development director as it looks to grow commercial partnerships.

Gear4music reports strong sales growth in UK and Europe

Gear4music reports strong sales growth in UK and Europe

Friday July 29th 2016

Online musical instrument retailer Gear4music has reported that sales climbed by 66% to £13.8 million in the first four months of its financial year. There was strong growth in both the UK and Europe.

Consumer confidence falls at fastest rate in 26 years following Brexit vote

Consumer confidence falls at fastest rate in 26 years following Brexit vote

Friday July 29th 2016

New figures have shown that consumer confidence has dropped at the sharpest rate for more than 26 years in the wake of the Brexit vote.

John Lewis Partnership and TrueStart to create The Eureka Initiative

John Lewis Partnership and TrueStart to create The Eureka Initiative

Friday July 29th 2016

The John Lewis Partnership has joined forces with TrueStart, the independent retail and consumer accelerator and investment fund, to find and fund the products, services and technologies which will define how we live in the future.

DFS appoints Nicola Bancroft as chief financial officer

DFS appoints Nicola Bancroft as chief financial officer

Friday July 29th 2016

Upholstered furniture retailer DFS has confirmed that its commercial finance director Nicola Bancroft will be appointed as chief financial officer and as an executive director from 1 August 2016.

Superdrug enjoys sales growth in budget skincare range

Superdrug enjoys sales growth in budget skincare range

Friday July 29th 2016

Superdrug has reported seeing a dramatic year-on-year increase in sales of budget skincare products.

Retailers reduce staffing levels as conditions remain tough

Retailers reduce staffing levels as conditions remain tough

Thursday July 28th 2016

New figures have shown that the equivalent number of full time jobs in the retail sector fell by 2.4% in the second quarter of 2016 compared to the same period a year ago.

Bonmarché like-for-likes down in first quarter

Bonmarché like-for-likes down in first quarter

Thursday July 28th 2016

Women’s fashion retailer Bonmarché saw its like-for-like sales decline by 7.7% in its first quarter due to weak demand for its high summer clothing ranges.

JD Sports says profits likely to be at upper end of market expectations

JD Sports says profits likely to be at upper end of market expectations

Thursday July 28th 2016

Sportswear retailer JD Sports has said it now anticipates that full year pre-tax profits will be in the upper half of market expectations which range between £170 and £190 million.

Leasing momentum at Covent Garden

Leasing momentum at Covent Garden

Thursday July 28th 2016

The Royal Opera House Arcade in London’s Covent Garden has signed up a raft of upmarket brands as it looks to reposition itself as a shopping destination for luxury accessories and gifts.