MusicMagpie, the online business specialising in refurbished consumer technology, has appointed Matthew Fowler as its new chief financial officer. With his start date still to be confirmed, Fowler will also become an executive director on joining the business. He will succeed Ian Storey who was promoted to the role of group...
B&M has revealed plans to secure a financial boost of £250m. The Liverpool-headquartered company, which is listed on the London Stock Exchange, intends to offer senior secured notes which would be due in 2028. A senior note is a type of corporate bond and would be paid before a junior note if...
UK retail footfall increased by 1.5% last week from the prior seven day period despite a drop in the number of visits to retail parks. According to figures from retail footfall specialist Springboard, footfall rose by 2.5% and 1.7% respectively in high streets and shopping centres, but retail parks saw a...
Called ‘A Christmas to Savour’, this year’s ad aims to celebrate the enjoyment of friends and family coming together on the big day and immerses viewers in a single moment as the retailer looks to create a sentimental snapshot of a classic Christmas. The advert opens with someone plugging in Christmas...
Aldi is extending its opening hours in the run-up to Christmas to give people more time to pick up food and last minute presents. Stores will also be opening until 6pm on Christmas Eve, although customers are being advised to check local store details online to avoid disappointment. While shops will be...
H&M owned Arket has launched an online store in Korea as part of its Asia expansion plans. The fashion retailer already operates two stores in the country which opened in 2021. The online shop will sell Arket’s full range of clothing for men, women and children, as well as sportswear, yoga wear...
EE has unveiled a new store concept as it looks to offer customers a more immersive shopping experience. Situated within BT’s new London headquarters One Braham, the store features interactive zones that are designed to bring to life a range of household devices, including games consoles, streaming platforms, and fitness gear....
In The Style has named Sam Perkins as its group chief executive following founder Adam Frisby’s decision to move over to a chief brand officer role. Due to join the business on 17 January, Perkins is currently managing director of Very Group’s retail division where he has helped to drive the...
The Works has reported better than expected trading in the 26 weeks to 31 October after total sales increased by 17.9% compared to the same period two years ago. On a two year basis, like-for-like sales climbed by 14.5% with growth both online and in-store. In July, the arts, crafts, toy, book...
Gatemore Capital Management has been building a significant stake in furniture chain DFS. Sky News has reported that Gatemore Capital Management notified its fund investors last month that it had begun building a stake in DFS, which has yet to be publicly disclosed. It is expected that the national furniture retailer...
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