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Retail news in the UK | Page 5
An overview of news, trends and research in the Retail industry in the UK:
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No news found.
Globe's largest FMCG companies buying their way to faster growth
As markets become increasingly volatile amid changing consumer habits and heightened digital competition, many firms now look to acquisitions as a root to spreading risk as well as boosting financial
20 July 2018
UK retailers continue to suffer from the high street crunch
Tough choices face the UK regarding Brexit, as negotiations plagued by governmental in-fighting continue to create economic uncertainties for people and businesses across Europe.
16 July 2018
Begbies Traynor administrates GinFestival.com as gin bubble threatens to burst
For the best part of a decade, gin sales in the UK have been growing exponentially, however, the collapse of a firm previously riding high on that wave of consumption has suggested that the gin bubbl
13 July 2018
Executives in retail are upping their use of independent consultants
Retailers looking for specific expertise in consulting services are increasingly turning their back to the large consulting firms in favour of independent consultants.
03 July 2018
PwC fined and Partner banned from accounting over BHS audit
Following an investigation into the collapse of British retailer British Home Stores, PwC and a former Partner of the firm have been fined on the grounds of ‘misconduct’.
29 June 2018
Resurgent bricks and mortar stores dominate 30 most popular UK retailers
The title of Britain’s favourite retailer has changed hands for the first time in eight years, according to a new survey of UK shoppers.
20 June 2018
Heightened competition and currency fluctuations limit FMCG growth
Large fast moving consumer goods (FMCG) companies have seen their revenue growth and operating profit growth slashed significantly in the past years.
18 June 2018
Deloitte poised to administrate ailing Poundworld
Big Four professional services firm Deloitte is understood to be on the verge of an appointment as Poundworld administrator.
08 June 2018
Why Company Voluntary Arrangements need to be reviewed
High street retailers are facing growing pressure from changing consumer behaviour and the e-commerce boom, and as a result a growing number of retailers are falling into administration.
23 May 2018
Landlords could block KPMG's House of Fraser CVA
Big Four firm KPMG has worked with UK high-street brand House of Fraser to develop a restructuring plan – however angry landlords could block the scheme, threatening the store’s future.
18 May 2018
Maplin faces store closures as demise leaves creditors owed £150 million
UK electronics retailer Maplin is facing store closures, according to PwC administrators, after the store-chain began liquidation proceedings earlier in 2018.
02 May 2018
Homebase calls in BCG amid doubt over retailer's future
Boston Consulting Group (BCG) has been drafted in to aid struggling retailer Homebase.
18 April 2018
Unilever partners with PwC for consulting, M&A, sustainability, HR and cyber
British-Dutch transnational consumer goods company Unilever hired the consulting and corporate finance arm of PwC on several occasions for several projects, last year.
16 April 2018
PwC administrators complete Conviviality sale to save thousands of jobs
In a deal far less scandalous than it sounds, thousands of jobs have been safeguarded by the sale of Bargain Booze.
13 April 2018
Voice shopping in retail expected to grow to $40 billion by 2022
Voice-controlled shopping is set to explode in popularity over the next four years, according to a new report.
12 April 2018
FTI to advise on restructuring as Claire's files for bankruptcy
Teen-targetted US jewelery chain Claire’s has become the latest bricks-and-mortar retailer to file for bankruptcy, with FTI Consulting reportedly advising on restructuring of the group.
03 April 2018
CBRE expands UK retail team with three new Associate Directors
CBRE has bolstered its UK Retail team with three new Associate Directors, Josh Blatt, Ben Selwyn and Suzie Lisle.
26 March 2018
PwC confirms over 60 redundancies at Maplin with controlled closures in sight
Professional services giant PwC have confirmed more than 60 jobs will be lost at the head offices of collapsed electronics retailer Maplin.
19 March 2018
Moorfields and PwC appointed administrators, as Toys R Us and Maplin collapse
UK high-street chains Toys R Us and Maplin have both collapsed into administration, citing growing debt and uncertainty relating to Brexit as key reasons behind their falls from grace.
05 March 2018
Despite rising debt UK shoppers still committed to 'experience spending'
As a host of pressures affect peoples’ spending power; the Bank of England warned that consumer debt growth is becoming unsustainable, while inflation and real-wage stagnation, further heap on the pr
02 March 2018
PPF warns against A&M's involvement in Toys R Us administration
Alvarez & Marsal should not be appointed as administrators for Toys R U – should the retailer fail to secure its future in the coming days – according to the Pension Protection Fund.
23 February 2018
UK consumer confidence flatlines as 2018 commences
Consumer confidence remained stagnant at the closing of 2017, despite improved household debt and disposable income sentiment.
12 February 2018
UK retail store closures reach lowest level since 2010
UK retailers who are presently enjoying the final mad rush of Christmas shopping have another reason to smile over the festive season, according to new research.
22 December 2017
Troubled Poundland owner Steinhoff calls in AlixPartners
International retail conglomerate Steinhoff has appointed two advisory firms as it attempts to deal with major financial difficulties.
22 December 2017
Hudson's Bay CEO Gerald Storch steps down to focus on consultancy
Former McKinsey & Company Principal, Gerald Storch, has turned his attention to his own consultancy, following his sudden resignation as CEO of Canadian retailer Hudson’s Bay in October.
02 November 2017
Lisa Hooker appointed PwC Industry Leader for Retail
Lisa Hooker has been appointed as PwC’s Leader of Industry for Retail, Consumer, Hospitality & Leisure.
31 October 2017
Sainsbury's ups supermarket stakes with 2,000 job cut strategy
As part of a £500 million cost-cutting plan, supermarket giant Sainsbury’s has announced that it will give 2,000 staff their marching orders.
25 October 2017
Bon-Ton taps AlixPartners to advise on turnaround efforts
Bon-Ton has hired consulting firm AlixPartners to provide operational advice regarding its turnaround efforts, while restructuring advisory PJT consider refinancing of the company’s debts.
09 October 2017
GCA critical of Asda's cost reduction plan developed with Bain
UK supermarket giant ASDA has come under fire from the Groceries Code Adjudicator (GCA) following tactics which were not respectful of “fair dealing” policy.
05 October 2017
The globe's most attractive developing countries for retail
India and China are the most attractive developing markets for retail development, according to the 2017 Global Retail Development Index.
11 September 2017
Four transformative business models for retail and consumer goods
Consumers are increasingly demanding a better shopping experience from retailers.
29 August 2017
GDPR provides retailers an opportunity to improve data governance
In May 2018 the General Data Protection Regulation (GDPR) will come into effect – the new European privacy regulation, which replaces the existing data protection framework under the EU Data Protecti
29 August 2017
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