Author Archives: retail360uk

Top 10 brands for UAE consumers in 2016 revealed

This year’s rankings explore the major reasons that make these names tick among UAE residents Cleofe Maceda, Senior Web Reporter 10:08 July 17, 2016 Dubai: Emirates airline has earned the most positive buzz among consumers in the UAE this year, … Continue reading

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Co-op sells 298 stores to McColls Retail in £117m deal

The Co-op Group has sold 298 of its smaller food stores in a £117m deal to convenience retailer McColls as part of the mutual’s turnaround strategy. Earlier this year the Co-op hired advisers at investment boutique Rothschild to find prospective … Continue reading

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Victoria’s Secret opens North West flagship at Liverpool ONE

Lingerie brand Victoria’s Secret has opened a new North West regional flagship on Liverpool ONE’s South John Street. The 9,200 square foot store features a full assortment of Victoria’s Secret’s lingerie collections as well as signature scents and body care … Continue reading

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Poundland agrees to £597m takeover from Steinhoff

Poundland storeDiscount chain Poundland has agreed to a £597m takeover by South African retail group Steinhoff International. Steinhoff said Poundland would be a “complementary fit” to its expansion plans in the UK and the rest of Europe. Poundland operates more … Continue reading

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Asda’s new UK boss could be planning a nuclear price war. He could easily lose it

You’ve probably never heard of him, but incoming Asda boss Sean Clarke is said to be the man with his hand wavering over the red button, ready to trigger a supermarket price war to end all price wars. Last week … Continue reading

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Sales at UK’s Marks & Spencer drop the most in 8 years

Marks & Spencer Group Plc reported its steepest drop in clothing sales in eight years as new chief Steve Rowe’s efforts to win back customers with cheaper prices on leggings and fewer clearances came at a cost. Same-store sales of … Continue reading

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Worst June in a Decade as U.K. Retailers Experience Brexit Chill

U.K. retailers had their worst June in a decade as consumers reined in spending ahead of the country’s European Union referendum, according to figures from accounting firm BDO. Sales at stores open at least a year fell 3.6 percent last … Continue reading

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