Good news: House of Fraser profits rose fast in the year to January 28. Any bad news? Well, the company warned that trading is still volatile, overall sales were flat and comparable sales edged up a tiny 0.9%.
The 155,000-square-foot store houses a Blumercury spa, women's, men's, children's, and home departments, as well as a dress department that is a major attraction for Beverly Hills and Bel Air customers.
Wal-Mart Stores Inc is in advanced discussions to buy online men’s fashion retailer Bonobos, according to a report on Friday.Wal-Mart and Bonobos have agreed on a price and the deal is in final due diligence, it said.
US retail sales fell for a second straight month in March and consumer prices dropped for the first time in just over a year, underscoring the magnitude of the loss of economic growth momentum in the first quarter.
UK consumers appeared to be in the mood to go out and to shop over the long Easter weekend with new figures showing higher footfall to high streets and online sales advancing. Easter Monday looked particularly strong.
Consumer products giant PZ Cussons reported strong trading in its latest update Thursday with the owner of the Sanctuary, Charles Worthington, and Fudge brands being boosted by launches, margin rises and the weak pound.
Outlet mall giant McArthurGlen has opened its Provence Designer Outlet, the first designer outlet in the South of France and the group’s 23rd in its expanding portfolio. The centre has 125 stores across 25,000 sq m.
A recent survey from Episerver details how online shoppers are looking to do more than purchase merchandise. Personalization and relevant website content are crucial if retailers want to keep up with the competition.