For a long time, the promised lands of virtual reality remained the territory of early adopters, technological innovators and advanced gamers. However, little by little a new party has been encroaching onto the playing field, eager to tap into the immerse sway of virtual reality, namely fashion retailers. […]

The first six months of 2015 resulted in the lowest levels of retail closures in five years, according to new research by PwC and The Local Data Company. 2,634 shops closed on the UK’s high street in the first six months of 2015, a rate of 14 stores a day, but that represents the lowest level of entries […]

London - Chinese e-commerce giant Alibaba is hoping its lobbying tactics in the US will prevent its online stores from being listed on the US government's list of pirated products amid increasing complaints about counterfeit goods on its trading platforms. Alibaba is currently the world's second largest […]

London - The ongoing fight for reducing business rates for the UK's retailers could soon be considered a lost cause. With new calculations set up by the current government, the UK's high street retailers could potentially see their business rates increase 17.2 percent by next April. The Retail Price […]

London - UK fashion retailer Reiss is planning further international expansion with several new flagship stores set to open. The first is due to open on Madison Avenue in New York, adding to its American store portfolio. The second will debut in Australia with two stores planned to open in Melbourne. […]

UK online retail sales returned to double-digit growth in September, following a weak August, according to the latest figures from the IMRG Capgemini e-Retail Sales Index. The index reveals that online retail sales recorded a 12 percent increase on the same period last year. In addition, the index grew […]

Large retailers could see their wage bills increase, on average, by 25.6 million pounds by 2020 as a result of the Government’s national living wage (NLW), according to a new report by PwC. PwC polled 135 businesses with an average of 11,000 employees and found that firms will be expected to pay an […]

British shoppers are taking control of the omnichannel shopping environment, according to John Lewis’ third annual ‘Retail Report - How We Shop, Live and Look’, due to their ultra-flexible and ultra-confident approach to shopping. The department store is calling 2015 the year of the ‘Master Shopper,’ […]

Womenswear retailer Oasis will open a new concept store on London’s Tottenham Court Road on November 6, part of its “on-going commitment to an innovative shopping experience”. The 3,200 square foot flagship on Tottenham Court Walk will carry the brand’s full autumn/winter 2015 collection, as well as […]

London - Sparks will soon be flying at Marks's, as Marks & Spencer reintroduces a new loyalty programme called Sparks. M&S will debut a new loyalty card to woo back customers, by rewarding them with early access to online sales and daily prize draws. Launching nationwide on October 22, the club plans […]

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