The Works boss Kevin Keaney has stepped down after nearly nine years at the helm just two months after a shock profit warning sent its shares tumbling.
Mike Ashley’s retail group has written to the Prime Minister, urging the Government to reform the business rates system to ease current high street turmoil.
Sofa chain DFS has said annual profits are set to remain “broadly” on track despite revealing a half-year sales tumble amid difficult retail conditions.
Boohoo sales have soared over the past four months, putting the online fashion retailer on track to surpass profit and revenue forecasts for the year.
Supermarket Lidl said it outperformed every rival on the high street over the Christmas period, with bosses revealing families switched £110 million of their spend to the discounter.
Retailers have suffered their worst year on record as overall sales fell for the first time, according to the latest figures.
The boss of Shoe Zone has called for urgent business rate reductions to avoid high street store closures as the retailer posted lower annual profits.
Retailer Topps Tiles has blamed falling sales on political and economic uncertainty as the general election weighed on consumer confidence.
Supermarket giant Sainsbury’s has revealed lower sales over its Christmas quarter as a tough toy and video games market offset a robust performance in food and clothing.
Retailer Next has increased its profit forecast for the past year after posting higher sales than predicted in last two months of 2019.
The retail crisis engulfing Britain’s embattled high streets led to 16,073 shops – about 61 every working day – pulling down their shutters for the final time during 2019, new research has found.
A Dundee gambling premises has closed its doors for good this month adding to the sea of "To Let" signs on Reform Street.
It has been quite a year for consumers, who spent accordingly to respond to a craze for tidying up, the hottest day on record, Love Island and Brexit.
Bad weather has deterred some Boxing Day bargain hunters, with footfall reportedly down 10% in high streets and shopping centres.
Discount supermarket chain Aldi is filing an appeal with Scottish ministers to overturn the refusal of its fourth Dundee store by city councillors.
Britons are expected to spend £200 million less in the post-Christmas sales this year as environmental concerns drive down buying.
There was no last-minute “dads’ dashes” on the final shopping day before Christmas, with figures showing a decline in footfall by almost 10%.
Tesco has halted production at a factory in China alleged to have used ‘forced’ labour to make charity Christmas cards.
Last-minute Christmas shoppers are expected to enjoy widespread discounting this weekend as retailers use Super Saturday to provide a much-needed end-of-year boost.
Troubled retailer Ted Baker has lost another long-standing board member just a week after its chairman and chief executive quit.