Sports Direct boss Mike Ashley has launched a stunning assault on minority shareholders in the retailer, accusing them of stabbing him in the back over the departure of chairman Keith Hellawell.
Sports Direct board members have discussed a possible merger between Debenhams and House of Fraser, a company director has revealed.
The Debenhams chairman has lashed out at speculation over the struggling retailer’s future, insisting that the chain is not insolvent.
Sterling jumped to a six-week high on Monday after Michel Barnier signalled that a Brexit deal is within sight.
Debenhams shares plunged 17% after KPMG was called in to help draft emergency plans to save the troubled retailer.
Retailer Fenwick is swinging the axe on 408 jobs as part of a major cost-cutting drive amid a collapse in annual profits.
The John Lewis Partnership has officially launched its rebrand as the group looks to boost its fortunes during a difficult period for the high street.
Oil prices have reached a two-week high following a report that showed a drop in crude inventories in the US.
Debenhams has appointed a former Domino’s Pizza executive as its new finance chief as the troubled retailer attempts to turn itself around.
Debenhams is to swing the axe on up to 90 staff as it enters redundancy talks with hundreds of workers at its fashion and home departments.