Category : Search result: British retail news


Carter's announces UK store closures and layoffs

Popular homeware retailer Carter's confirms sweeping store closures and layoffs across Britain, citing inflation, supply chain issues, and changing consumer habits as key factors.

Seasalt to open 30 new UK stores in major expansion

Popular Cornish fashion brand Seasalt is embarking on its biggest retail expansion yet, planning to open 30 new stores across the UK and create 350 jobs as demand for their colourful designs continues to grow.

Gold rush drives UK retail sales to three-year high

British retail sales surged to their highest level in three years as consumers flock to gold investments and luxury goods, offering unexpected economic resilience despite ongoing cost-of-living pressures.

Tesco Extends Dominance as Britain's Retail Giant

Tesco extends its dominance as Britain's largest retailer with strategic price cuts and digital innovation, leaving competitors struggling to keep pace in the fiercely competitive grocery sector.

M&S Opens First French Food Hall Near Paris

Marks & Spencer launches its inaugural French food hall at Aéroville shopping centre near Paris, bringing British favourites to continental customers with more European expansions planned.

Retail tax hikes fuel shop price inflation surge

British retailers are implementing significant price increases as business rate rises and other taxes force them to pass costs to consumers, creating fresh inflationary pressure across the UK high street.

Kirklands Rebrands as Bed Bath & Beyond in UK

Kirklands executes a stunning strategic pivot, abandoning its own brand identity to resurrect the iconic Bed Bath & Beyond name for its UK expansion, signalling a major shift in homeware retail.

Myer Profits Plummet 35% in Challenging Retail Climate

Australian department store giant Myer reports a dramatic 35% fall in full-year net profit, citing intense competition and cost-of-living pressures. The retailer's outlook remains cautious amidst challenging market conditions.

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