Frasers Group today said its £100m ‘elevation without limits’ strategy was “bearing fruit” as it reported a 17.6% jump in profits in half-year results.
We report as administrators start winding down Debenhams, and on how it has struggled to survive in an age when the convenience of online trumped the convenience of the department store
John Lewis taking an API, micro services and cloud-based approach, as it ‘supercharges’ its online investment and works to adapt to the way that shoppers now want to buy.
Selfridges is to introduce online rentals and in-store repairs as it transforms the way that it sells, and that its customers shop. From today it’s introducing a new Project Earth environmental model that it says will change the business for good
Online retailers won a record share of shopper spending in May, as a third of UK retail sales took place over the internet, according to official figures
UK retail sales fell at their fastest rate on record in March – when most stores closed their shutters to protect against the Covid-19 pandemic. At the same time, ecommerce took its largest ever share of retail spending – at 22.3% of all sales
Debenhams has today filed its intent to appoint administrators, in a move that it says will protect it from being forced into liquidation while its 142 UK stores are closed in line with government Covid-19 advice