And the results of the Arcadia CVA meeting? Well, we don't actually know as yet as it seems that a decision has been postponed for a week so the fashion retail giant could conduct more talks with “a few landlords”.
Tuesday’s news of an Arcadia pension fund deal seemed to suggest the group’s CVA has a chance of getting through, but a new report says a key landlord will oppose the CVA plan, leaving it on a knife edge.
Chinese importers are preparing applications for waivers on import tariffs levied on more than 700 U.S. goods in the Sino-U.S. trade war, after the Ministry of Finance said it would start taking submissions.
Transform Holdco, the parent company of Sears and Kmart owned by Eddie Lampert’s ESL Investments, has announced that it has signed a merger agreement that will see it acquire all outstanding shares of Sears Hometown.
Intu Properties named Robert Allen as chief financial officer, the latest appointment in a wide-ranging management shuffle as Intu wades through the effects of a string of retail collapses and Brexit gloom.
British consumers this month were the cheeriest since September last year, reporting an improvement in their personal finances and a less gloomy view of the year ahead, according to a monthly survey by GfK.
Ikea is launching a new app to allow customers to shop remotely for products they can visualise in their own homes, lessening the need for them to travel to its vast network of self-service, out-of-town stores.
Malls giant Hammerson on Friday hailed the importance of experiential events at shopping destinations as it said that its Festival of Light drove increases in footfall and reached around 1.5m people on social media.