House of Fraser is set to be acquired by Chinese conglomerate Sanpower imminently with a deal expected as early as today.
Alongside Naked Wines’ first set of results since investors approved the sale of Majestic Wine in September came the shock revelation that its founder and chief executive Rowan Gormley would be departing the business after Christmas.
Alibaba has kick-started the sale of 500 million shares as part of the Chinese retail group’s plan to raise HK$100bn (£10bn) through a Hong Kong listing.
Department store group John Lewis Partners and grocery stablemate Waitrose Partners have opened the doors to a new-model store designed to engage consumers more than ever by putting experience and services centre stage.
With the number of high street vacancies soaring, Retail Week looks at the interesting tactics some landlords have used to fill empty units.
Imagine my surprise last month when a Google alert told me The Times Scotland had decided the arrival of the latest Poundland store on Edinburgh’s premier shopping destination “threatens to cheapen Princes Street”.