The decline in UK retail sales values last month are a ‘realistic reflection’ of conditions on the high street, according to the British Retail Consortium (BRC).
UK supermarket chain Morrisons has secured the acquisition of online baby product retailer Kiddicare, and the rights to its technology platform, in a deal worth £70 million.
Investment manager TowerBrook Capital Partners has acquired a ‘significant stake’ in women’s clothing retailer Phase Eight, with plans to rapidly expand the business internationally.
