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High street footfall boosted

New figures have shown that footfall declined by 18.8% in January 2023 from December 2022, compared to a rise of 5.8% from November to December. According to retail specialist Springboard, there was also a widening in the gap in footfall compared to 2019 from -10.9% in December to -12.3% in January. However,...

About 1 year ago

H&M to close further UK stores

H&M has announced the closure of three more UK stores. The major high street fashion brand says a “rapid change in customer behaviour” is to blame for its decision to shut the doors of some branches. Shops in Hartlepool, Maidenhead and on the Isle of Wight have also been earmarked for closure. It...

About 1 year ago

Tesco acquires Paperchase

Tesco has acquired Paperchase’s brand and intellectual property as part of a pre-pack administration deal. The move follows news this week that the greeting card and stationery retailer was on the brink of collapsing into administration following increased costs and lacklustre sales. However, the deal does not include any of Paperchase’s 106...

About 1 year ago

JD Sports hit by cyber attack

JD Sports is contacting customers who have been affected by a cyber attack that may have exposed their personal details. The incident impacted 10 million people who placed orders between November 2018 and October 2020. Customer names, delivery, billing, email addresses, phone numbers, and the last four digits of bank cards were...

About 1 year ago

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