Retail news

• Selfridges co-owner Signa faces financial crisis

  05-11-2023 12:06 via retailgazette.co.uk
  
  Selfridges could be put up for sale as co-owner Signa Group faces a cash crunch.
  Signa, which jointly bought Selfridges with Thai conglomerate Central Group for £4bn last year, has called in restructuring experts to help it raise money as it finds itself engulfed in a financial crisis.
  It is thought that its stake in the department store could be auctioned with fellow co-owner Central seen as the most likely buyer, according to The Sunday Times.
  Signa and Central jointly own a host of depa
  
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• M&S embarks on biggest ever month-long store opening spree

  05-11-2023 11:03 via retailgazette.co.uk
  
  M&S is making a big bet on bricks-and-mortar as it is set to open nine stores in November, the biggest number it has ever opened in a single month.
  The nine openings, which include six new shops and three store renewals, total a £80m investment from the retailer and will create more than 2,200 jobs will be created.
  The opening spree kicks of with a new 65,000 sq ft full line store – which sells clothing, home and food – on the site of the former Debenhams store at Birmingha
  
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• [ ON DEMAND ] How AI can completely transform your customer experience

  05-11-2023 01:00 via theretailbulletin.com
  
  Transform your customer lifecycle with predictive analytics! The use of predictive analytics is becoming a marketer’s secret weapon. Those marketers are working smarter, not harder… Being... View Article
  
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