Institutional landlord Hammerson has sold a Gloucester retail park for £54m to the local authority, as it continues its asset disposal programme in order to balance its books.
The owner of Primark has defended its fast-fashion offering and said shopping in-store is more environmentally friendly and sustainable than online delivery.
Alibaba’s Tmall platform has been heralded as the gateway to sell to the Chinese consumer, but many notable British brands have left it in recent years. Retail Week looks into why.
As Aldi launches in China, Carrefour is scaling back. The French retail giant is the latest in a long line of big international retailers to dial down their presence in the Chinese market.
The best of global retail was celebrated last night at the World Retail Awards, held at the World Retail Congress in Amsterdam.