The Chancellor used his first Conservative Budget to cut benefits for low-paid employees whilst introducing a National Living Wage which will force businesses to pay them more. However, a number of retail analysts have warned that this new wage may have a "devastating impact" on independent retailers […]

REPORT UK retailers continue to cash-in on prime locations on Bond Street and Oxford Street and are keen to invest in even more property in the shopping area. The number of stores owned by retailers on Bond and Oxford Street has increased 28 percent and 7 percent respectively over the past two years, […]

The Chinese e-commerce giant Alibaba has invested in, China’s leading flash sales platform for luxury and fashion products. Alibaba will profit from's wide selection of luxury brands, especially for its B2C platform, while will be able to enhance its supply chain services […]

US teen retailer Abercrombie & Fitch has been accused of defacing its Grade II-listed Kids store at 3 Savile Row. The fashion chain must pay a fine for painting the interior of the store brown without permission. Westminster Magistrates' Court found the retailer guilty of breaching the conditions of […]

Bestseller menswear brand Jack and Jones has signed a deal with Australian department store Myer to open a number of shop-in-shops during the summer this year. Myer currently has 67 department stores in Australia, and Jack and Jones plans to open 54 shop-in-shops during a 4-week period in 40 department […]

UPDATE Barclays Pingit app is set to be the first service to go live with Zapp's new mobile payment service, set to launch this autumn. Barclays has joined the growing list of retailers, billers and payment providers, including House of Fraser, Shop Direct and Asda, to support the mobile payment service […]

Currently, Italy is still a Primark-free zone but that will change soon. The Irish retail value chain plans to open its first Italian store close to Milan in February 2016. Initially, the opening was planned for the end of the year but it got delayed due to problems finding adequate locations in important […]

One of the largest changes to trading laws is set to be revealed on Wednesday. The Chancellor is poised to lift the Sunday restrictions on trading and allow Britain's towns and cities decide how long shops may stay open on Sunday, putting an end to the national ban on large stores open for more than […]

The developers of Grand Central Birmingham, the new 150 million pound shopping and leisure scheme, have confirmed that its doors will open to the public on Thursday, September 24. The shopping centre, which has been integrated into Birmingham New Street Station, will feature more than 60 shops, restaurants […]

British consumers spent more than 330 million euros in March alone using contactless cards, according to new data from Visa, making them the biggest adopters of contactless payments in Europe. In the 12 months to March 2015, the number of contactless cards in circulation grew by more than 37 percent […]

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