Category : Search result: retail crisis


Birmingham Indoor Market faces uncertain future

The iconic Birmingham Indoor Market, a cornerstone of the city's retail landscape for decades, faces an existential threat as traders and shoppers voice fears over its potential closure following redevelopment plans.

M&S shares suffer worst day since pandemic

Marks & Spencer shares experienced their sharpest decline since March 2020 after the retail bellwether warned of weaker profits, sending shockwaves through the UK retail sector.

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.

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.

La'BuBu Fashion Brand Closes After 22 Years

The beloved fashion retailer La'BuBu is shutting its doors forever, leaving thousands of devoted customers heartbroken after more than two decades of style dominance.

Macy's to close 36 stores in major restructuring

The iconic 169-year-old department store Macy's is shuttering 36 locations across the United States as part of a dramatic 'bold new chapter' strategy to revitalise the struggling retail chain.

88 Major Retailers Closing UK Stores - Full List

Britain's shopping streets face unprecedented challenges as nearly 90 well-known brands announce store closures. Discover which retailers are affected and which locations are hardest hit.

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