Retailer Dixons Carphone has said it will slash costs by £200 million after tumbling to a half-year loss following mammoth write-downs on the value of its mobile phone business.
Retailer Dixons Carphone has revealed plans to slash costs by £200 million after tumbling to a half-year loss following a near-£500 million hit on its mobile business and store estate.
Retailers face a “nerve-racking” run-up to the festive season after November sales were the worst for 21 months, according to a new report.
The owner of Poundland has cheered “strong” sales growth as the rollout of Pep&Co fashion outlets helped the budget chain shrug off wider high street woes.
Shares in online retailer MySale plunged after the firm warned it will make a half-year loss amid challenging trading in its peak festive quarter.
Residents in Aberuthven have launched a petition to try to save their village shop.
Shares in the owner of shopping malls including Manchester’s Trafford Centre have tanked after suitors pulled a £2.8 billion takeover bid.
A £2.8 billion deal to buy shopping centre giant Intu Properties has been scrapped after the consortium of takeover suitors blamed economic uncertainty and market volatility.
A massive crane has rumbled into Perth as work finally gets under way on historic St Paul's Church.
The mounting pressures on the high street could see up to 80 Scottish retailers go bust this year.