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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).
Current Debenhams chief executive Rob Templeman has been appointed chairman of the British Retail Consortium.
Retail industry veteran Simon Burke has joined mobile vouchers company Eagle Eye Solutions as chairman.
Sheffield-based retailer GO Outdoors has secured a £30 million financial package from Lloyds Banking Group to support its growth.
High street sales growth remained 'subdued' in May, with retailers expecting a similar pace of growth next month, says the CBI.
HMV Group has agreed to sell struggling books retailer Waterstone's to A&NN Capital Fund Management for £53 million.
Prime Minister David Cameron has appointed retail consultant Mary Portas to lead an independent review into the future of Britain's high streets.
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.
Retail sales across mid-market stores rose in April, with like-for-like annual sales up 3.7 per cent.
Retail giant Walmart has made a move into the social media market with the acquisition of US-based Kosmix.
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.
Private equity firm Endless has supported the management buy-out of discount department store chain TJ Hughes.
