Retail news

• Japanese parent company pulls plug on Albemarle & Bond over Brexit

  17-09-2019 21:41
  Daikokuya Holdings seeks buyer after branches of UK pawnbrokers were shuttered last week The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that its losses would increase after Brexit, it has emerged, shedding light on the mysterious closure of its 113 shops last week.Albemarle & Bond and its sister company Herbert Brown pulled down their shutters without warning last Friday, leaving customers concerned that they may never retrieve th
  
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• M&S is still in the soup despite Ocado solution

  17-09-2019 20:41
  Food delivery tie-up will generate only £10.6m in free cash flow by 2024
  
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• French Connection extends deadline to find buyer

  17-09-2019 17:55
  Talks with potential buyers continue as struggling fashion chain makes further lossesAiling fashion chain French Connection has extended its deadline to find a buyer until the end of January as it revealed further losses and falling sales.Shares in the 47-year-old group fell more than 10% to 38p on Tuesday as it delayed the conclusion of a strategic review for the second time. Less than 12 months ago the shares were worth 61p. Continue reading...
  
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• The Body Shop goes green again with refill stations and 'activist zones'

  17-09-2019 15:32
  Chain tests new concept store in bid to revive activist spirit of founder Anita RoddickThe Body Shop has opened a new UK concept store to test out a range ofshopping experiences, as it marks a return to the activist roots of its late founder, the environmental and human rights campaigner Anita Roddick.As well as a dedicated “activist” zone to encourage shoppers to to be part of a collective of local campaigners, new ideas being trialled in the central London outlet include a refill s
  
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• Body Shop gets greener with refillable shower gel and activism zone

  17-09-2019 15:32
  New concept store in central London is attempt to return to roots of founder Anita RoddickThe Body Shop is going back to the future with a UK concept store that aims to return to the activist roots of its late founder, the environmental and human rights campaigner Anita Roddick.As well as a zone to encourage shoppers to become part of a collective of local campaigners, the central London outlet is trialling a refill station – initially just for shower gels – which the ethical chain s
  
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• Ocado retail sales growth accelerates ahead of M&S tie-up

  17-09-2019 14:11
  Online supermarket recovers from warehouse fire with 11% increase
  
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