High Street Braces For More Closures

High street retailers are braced for another wave of closures following one of the worst summer trading periods in years and growing concern about pressures on

Future Group Rejigs Leadership Team

Future Group India’s largest retailer has reassigned roles of its top executives to push new businesses such as high-end supermarket and catalogue retailing..

Future Group’s Big Bazaar In New Avatar To Greet Shoppers

The country’s largest hypermarket chain Big Bazaar, part of the Kishore Biyani promoted Future Group, is undergoing an overhaul. Big Bazaar, popular for its deals and discounts, will now be seen in a new avatar

M&S Goes For Tailoring In £600m Overhaul

Marks & Spencer is to match the food and clothing ranges in its British shops to the wealth, age and ethnicity of the local area, as part of a £600m overhaul to make its stores “more inspiring” places to shop.

Debt-Struck Koutons In Talks To Shed 15%

Debt-laden retailer Koutons is considering selling up to 15% stake to raise cash to pay down excessive debt and revive its flagging fortunes. A few private equity funds

It’s Going To Be A Cut-Price Christmas As Retailers Woo Shoppers Kept Away By Snow

Last-minute shoppers are set to bag a cut-price Christmas this year as retailers offer hefty discounts to boost spending before the looming government austerity drive. With just

Value Retailers Like Reliance, Recruiting Tailors

The chief executive of Reliance Trends recently increased the length of the garment retailer’s ready-to-stitch salwaar suits by one metre in north Indian markets. He has also lined up a battery of in-house tailors across the country to stitch garments

Toy Pony Butterscotch A Hit With Online Christmas Shoppers On ‘Cyber Monday’

Butterscotch the animatronic pony was flying off the e-shelves at retailer John Lewis yesterday, thought to be the UK’s busiest online shopping day of the year and dubbed Cyber Monday by industry experts. The life-sized Shetland pony, which stands more than

The Truth About IKEA Book Claims To Dismantle Company’s Price Promises

An explosive book, The Truth About Ikea, claims that far from offering British shoppers a bargain, at the height of its powers in the late 1990s Ikea betrayed its golden rule – that prices should be 10% lower than those of its rivals – and ruthlessly overcharged British shoppers to boost profits

Marks & Spencer’s Spring 2011 Collection: Back To The 1970s

It was back to the 1970s at Marks & Spencer today as the retailer unveiled its trends for spring 2011. With rails of maxi hemlines, swirling prints and A-line denim skirts, next year’s Marks and Spencer wardrobe has a whiff of the