Tag : retail
Retail sales suffer sharpest decline on recordSubscription
Total retail sales slumped by 2.7% year on year in May, excluding Easter distortions – the steepest decline since records began in 1995.
The retail sector made the joint biggest reduction in the number of workers on low pay last year.
Retail leadership in ‘crisis’, survey findsSubscription
Leadership teams across the retail sector have been deemed “not fit for purpose,” according to a new survey of industry chairs, CEOs and senior executives.
Cashmere and woollen manufacturer Johnstons of Elgin has opened a new store for its eponymous own brand on Multrees Walk, the premium shopping district in the centre of Edinburgh.
Fashion retail's highs and lows of 2018Subscription
As this year comes to a close and a new one approaches, Drapers recaps the twists and turns in the retail industry over the past 12 months
Almost half of 18-to-34-year-olds prefer to shop for clothes in a physical store, a new survey has found.
Countdown to GDPR: are you ready?Subscription
With just over two weeks to go until the new data protection laws come into effect, Drapers asks legal experts for their advice on what retailers can do to ensure compliance – and avoid penalties – at this stage.
Next profits drop after “challenging” yearSubscription
Next has posted an 8.2% fall in operating profit year-on-year to £759.9m, in what the retailer dubbed its “most challenging” year in 25 years.
Drapers visits London landmark Battersea Power Station as it plans to transform into a shopping district to rival Oxford Street and Westfield.
Matalan opens franchises in European pushSubscription
Matalan has made its debut in Gibraltar with two franchise store openings, as part of a push to expand its retail presence in Europe.