Poundland could be pushed into administration within days, putting around 12,000 jobs at risk, according to the Union of Shop, Distributive and Allied Workers.
Christmas sales come early as fashion retailers slash prices
Fashion retailers are leaning hard on early discounting this year after a mild autumn and winter blunted demand for seasonal clothing.
Hundreds of Poundland stores set to close as part of rescue deal
Thousands of high-street jobs are under threat as Poundland edges closer to a rescue deal that could result in widespread store closures.
John Lewis profits triple to £126m, but staff bonus remains off the table.
The owner of John Lewis and Waitrose has tripled its annual profits, but employees at the staff-owned retail group will go without a bonus for the third consecutive year.
Poundland’s Owner Considers Potential Sale of UK Discount Retail Chain
Pepco Group, the Poland-based owner of Poundland, is exploring “all strategic options”, including a potential sale of the UK discount retailer, as it faces mounting challenges in the UK retail
Operating an electric car costs twice as much as running a petrol vehicle.
As roadside charger prices continue to rise, a round trip from London to Penzance costs £148 for electric vehicles and £77 for petrol cars.
Ted Baker is getting ready to close all its UK stores within weeks.
Ted Baker could vanish from British high streets as the struggling fashion chain plans to close all its stores within weeks.
Top Christmas Ads of 2023: Lidl Takes the Spotlight, M&S Sparks Debate, and Argos Falls Short
‘Tis the season once more when the nation’s top supermarket chains embrace the Christmas spirit with captivating prime-time advertisements. We’ve observed them all and selected our favourites as well as
UK: Electric vehicle uptake declines in November
Sales of battery electric vehicles decreased by 17.1% in November, leading to their share in the new car market dropping to 15.6%, as per the latest industry figures.
GMB Union Attributes Wilko’s Collapse to ‘Ineffective Leadership’
The Business Select Committee has initiated its inquiry into the downfall of Wilko, which resulted in the termination of 12,500 jobs in early September.
John Lewis discontinues insurance for electric vehicles due to concerns about repair expenses.
John Lewis has halted its insurance offerings for electric car owners due to concerns about the expense of repairs.
The Rise of S-Commerce as John Lewis Plans To Diversify and Build 10000 New Homes in Car Parks
John Lewis plans to build 10,000 homes over the next decade as the high-profile giant seeks to boost its fortunes through home ownership.