
South African retailer Steinhoff raised its agreed offer for Britain's Poundland to 610 million pounds ($790 million) and said the revised terms were final, challenging investor Elliott Capital to back the deal or ris...
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South African retailer Steinhoff raised its agreed offer for Britain's Poundland to 610 million pounds ($790 million) and said the revised terms were final, challenging investor Elliott Capital to back the deal or ris...
South Africa's Steinhoff will strengthen its presence in the British retail sector after agreeing a 597 million pound ($794 million) takeover of discount chain Poundland, it said on Wednesday.
Sainsbury's said on Wednesday it was prepared for an escalation of price wars in Britain's highly competitive supermarket sector after reporting a decline in underlying quarterly sales.
Spending in Britain on next week's "Black Friday" discount shopping day looks set to break last year's record despite warnings that retailers would be wise to shun an event imported from the United States.
The lifestyle brands company on Friday reported an increase in revenues for its first quarter, principally due to increased sales from Cherokee-branded products at international retailers and increases with its other ...
The global marketer of style-focused lifestyle brands announced on Tuesday that it has extended its agreement for its namesake Cherokee brand with Nishimatsuya Chain Co., Ltd.
British general merchandise retailer Argos has struck a deal with supermarket Sainsbury's to open 10 new format digital stores within existing Sainsbury's stores.
Britons literally fell over themselves for "Black Friday" bargains in November, so retailers need to make the discount day imported from across the Atlantic work for the industry.
Britons are being warned to place online holiday-season gift orders much earlier this year to avoid disappointment, as doubts emerge about the ability of delivery companies to handle an expected surge in volume.
Britain's high streets, malls and online sites were awash with discounts on Friday as more retailers than ever embraced U.S.-style "Black Friday" promotions, seeking to kickstart trading in the key Christmas period.