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It has been announced that Dixons Carphone saw a rise of 17% in its full year profits as its market share hits a record high in nearly all of its markets. Figures show that to 30th April, group like-for-like revenue increased 5% including a 6% rise in the UK and Ireland...

Revealing a world first, department store Selfridges will be launching an in-house theatre to celebrate the 400th anniversary of Shakespeare’s death and as part of its Shakespeare Refashioned event, which will combine fashion and drama in honour of the playwright. The 100-seat theatre is now selling tickets for a production of...

Telecoms giant Vodafone has said that it may move its headquarters out of the UK in order to retain access to the EU's free movement of people, capital and goods following Britain’s decision to leave the EU. In an emailed statement, the firm said that it would take “whatever decisions are...

The Advertising Standards Authority has upheld a complaint from Morrisons that TV adverts by Aldi comparing prices from the ‘big four” to Aldi’s own were “misleading”. The ASA noted that the focus of TV adverts complained about were around saving money on grocery shopping and that it included a number of...

Grocery etailer Ocado has revealed its half-year results which show a 5.7% increase in the six months to 15th May. Figures show that Ocado made earnings before tax, depreciation, interest and amortisation (EBITDA) of £40.4 million in that timeframe, whereas figures for the same period last year were reported at £38.2...

Department store John Lewis has agreed a deal with Irish department store Arnotts to introduce its own-brand homeware products as part of its international expansion plans. Since being acquired by the Selfridges Group in November last year, this will be Arnotts first major new brand initiative and will be part of...

The combined market share of the German discounters Aldi and Lidl has hit a record high of 10.5% with each holding 4.4% and 6.1% of the market respectively as they continue to pull away from the UK’s traditional ‘big four’. The latest grocery share figures from Kantar Worldpanel, published today for...

The chief executive of Mothercare, Mark Newton-Jones, has announced that he is to step down from the board of the online fast-fashion retailer Boohoo at the end of July. The announcement ends Mr Newton-Jones’ three-year association with the retailer and Boohoo has said that a search for his successor has already...

Department store Debenhams has announced that the first of its Australian stores will open in Melbourne. It has been reported that the British retailer has signed the lease on a 4,000 square metre store in the newly redeveloped St Collins Lane in the downtown area of the city, although an opening...

It has been reported that department store BHS is to continue trading through the summer as a liquidation date has still not been confirmed with creditors stating after a meeting that BHS will remain in business for “the next couple of months.” The chain will continue to sell its seasonal stock...