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Retail

News

CBI: High street sales growth stays sluggish


High street sales growth remained ‘subdued’ in May, with retailers expecting a similar pace of growth next month, says the CBI.


News

HMV Group agrees £53m sale of Waterstone’s

HMV Group has agreed to sell struggling books retailer Waterstone's to A&NN Capital Fund Management for £53 million.

News

Mary Portas leads review into high street

Prime Minister David Cameron has appointed retail consultant Mary Portas to lead an independent review into the future of Britain's high streets.

News

Small retailers lead website performance

Furniture retailer DFS holds onto the top spot in the Sitemorse Q2 Retail 500 Report, which ranks the best performing websites of the UK's retailers.

News

TJ Hughes bought by turnaround investors

Discount department store TJ Hughes has been sold to private equity firm Endless LLP in a move that is fronted by retail entrepreneur Anthony Solomon.

News

Morrisons takes first e-commerce step

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.

News

TowerBrook takes Phase Eight off the rack

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.

Entrepreneurs

In the blood: Theo Paphitis interview

It didn’t take long for Theo Paphitis to return to selling lingerie. But this time he’s back with a new retailing concept.

News

AlexandAlexa backed by £1.5 million

Online luxury children’s clothing retailer AlexandAlexa has secured £1.5 million from MMC Ventures in a deal which will see the private equity firm take a minority stake in the business.

News

Silverfleet acquires Office

Footwear business Office has been acquired by private equity firm Silverfleet Capital for an undisclosed sum.

News

LDC backs Mountain Warehouse buy-out

Lloyds’ mid-market private equity division LDC has backed the buy-out of the outdoor clothing and equipment retailer Mountain Warehouse.

News

The Hut Group makes double acquisition

The Hut Group has acquired two businesses from Findel for around £600,000.