Retailers slash prices in hope of bumper Super Saturday

Move comes after months of lacklustre sales as shoppers hold out for last-minute bargainsRetailers have slashed prices further as they pin their hopes on a bumper trading day as shoppers head out for one of the biggest spending days of the year ahead o…

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Mike Ashley spent millions on private flights as profits fell 80%

Cost of billionaire’s love of commuting by helicopter or jet revealed in annual accounts Mike Ashley spent millions of pounds on flights by helicopter and private jet as his company’s annual profit fell 80%, the latest accounts show.The Sports Direct o…

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Student halls and food malls: House of Frasers turn over a new lease

As old leases expire, landlords look at innovative options to reuse department store sitesHouse of Fraser in Wolverhampton is set to be closed down and redeveloped as student housing or lecture halls, as a £3m sale of the property is expected to be fin…

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John Lewis should copy JD Sports and hit its landlords hard | Nils Pratley

Urgent action, such as renegotiating rents, is needed at the department store chain to reverse a first-half lossThe definition of a true crisis at John Lewis, one should remember, is a threat to the model of employee ownership. That happened in the lat…

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Retailers call for action as high street store closures soar

Government urged to step in over crisis that has cost tens of thousands of jobsRetailers and unions are calling for urgent government action to help struggling high streets as new data shows the number of shops, pubs and restaurants lying empty is risi…

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