Retail | Business Post

Marks & Spencer set for FTSE return this week

The expected promotion comes as M&S has seen its shares jump by more than two thirds over the past year, with sales rising steadily in both its food halls and clothing and home division

JD Sports expands to Middle East in first franchise deal

CEO Regis Schultz aims to open between 200 and 300 new stores each year over the next five years

Tesco price cuts could mark ‘significant turning point’ for consumers – McGrath

The finance minister expressed confidence that other retailers will follow suit

Asos secures £75m fundraising to support turnaround plan

Company said it has entered into a revolving facility with Bantry Bay Capital

Galway kombucha firm secures Maxol listing following competition win

Emmett Kerrigan and Keith Loftus’ All About Kombucha was named the inaugural Homegrown at Maxol champion

Irish-founded Ufurnish raises £3.4m from backers

Led by Deirdre McGettrick, Ufurnish is a search and comparison platform for furniture

‘Nike Live’ store to open in Dundrum Town Centre

The company said there will be a programme of in-person ‘experiences’ in the shop

Dunnes aims to grow Buymie’s activities after takeover

Supermarket ecommerce platform is to remain a standalone entity and retain its chief executive

Faster and faster fashion: How online retailer Shein has left its rivals scrambling to catch up

Shein, the Chinese online clothing giant, has grown at such speed that it has left competitors’ heads spinning. How has it done it? Through clever use of TikTok, cosying up with Gen Z and – many warn – throwing environmental concerns to the wind

Hard sell: Retailers braced for fresh set of challenges

On top of ever-present online competition, high street stores just recovering from lockdown now have to contend with inflation, labour shortages and supply-chain issues. Still, experts don’t expect a tide of insolvencies just yet

Shopping centre vacancy rate tops 15% nationwide

Pandemic and online competition have hit high street retail hardest in the west of Ireland, where nearly a third of units are empty

Brown Thomas and Arnotts to invest €50m in online and in-store shopping

The five-year investment plan was revealed in advance of the opening the luxury retail brand’s €12m Dundrum store

Tommy Hilfiger owner cuts headcount by 20% as sales drop €10m in pandemic

Group took €841,000 in government wage supports as profits in Ireland fell by nearly 50%

‘No requirement’ for .ie websites to be based in Ireland - CCPC

The Irish consumer watchdog said it has received complaints from consumers reporting that they had bought from .ie websites under the assumption that they were EU-registered entities

New shopping start-up aiming for 15 minutes of fame

Dublin-based e-commerce outfit Shuppa’s selling point is that it can get groceries to customers’ doors within a quarter of an hour

Troubled parent company of Zara plans Irish expansion

Spanish-owned fashion giant Inditex, which also owns Pull&Bear among others, has been closing thousands of stores globally, but plans to expand here

‘Game-changer’ Smyths deal paves way for Arckit to hit €1m revenue target

The model kit manufacturer has created a line of Lego-esque architecture toys that have been nominated for top industry awards

Christmas tree maker sends $20m from Irish branch

Balsam Brands set up a subsidiary in this country seven years ago, and has since used it to record huge sums of international sales

Ian Guider: Retailers fear lockdown rent hit after Foot Locker ruling

The sportswear giant has the cash to go to court, but smaller businesses need a better mechanism for settling lease disputes, and the new Scarp rescue scheme falls short here

Several buyers still in the market for Brown Thomas

The sale of the Selfridges Group may take longer than expected due to the number of interested parties