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Poundland is opening or making big changes to nearly 50 stores in November and December. The investment in its network of stores includes new openings, extensions, conversions and the rapid rollout of chilled and frozen food. It marks another step in the transformation of Poundland which has seen major changes to the...

Furniture giant will encourage customers to make use of its buy back and resell scheme this ‘Black Friday’. Members of IKEA’s loyalty scheme could receive an extra 20 per cent off new items bought between the 19th and 29th of November as part of the furniture giant’s ‘Green Friday’ offer. The furniture...

Naked Wines saw its total sales increase by 6% on a constant currency basis to £159.3 million in the first half of its financial year. On a reported basis sales edged up 1%. The company said the uplift in the six months to 27 September was driven by strong repeat customer...

Fabletics, co-founded by actress Kate Hudson, is opening its first UK store on London’s Regent Street this month. Described by the brand as an “experiential pop-up,” the store will integrate the brand’s digital roots with a technology-driven approach to offer an omnichannel experience. The Fabletics store will be equipped with the...

Lidl GB has announced that it is making its biggest ever investment in staff wages. The supermarket is committing £18 million to enable it to increase entry-level pay  from £9.50 to £10.10 per hour outside of London and £10.85 to £11.35 within the M25, with staff earning up to £11.40 and...

Wincanton, a leading supply chain partner for UK business, has won the work to a new, five-year contract with Primark, the fashion retailer, for the provision of transport services to all its UK stores.  Under the contract, which begins early next year, Wincanton will make more than 50,000 deliveries to 191...

Centre:mk has announced the opening of Rituals Cosmetics, the global cosmetics brand, at the top 10 shopping centre.  Located at 11-13 Acorn Walk, the 2,571 sq ft store stocks the brand’s full range of luxurious yet affordable home, bath and body products. The brand is the latest in a series of...

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...