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Interest rate held at 0.5%
The Bank of England has kept the interest rate at 0.5 per cent.
Beales set to buy Co-op department stores
Beales is set to buy 19 department stores from the Anglia Co-op.
Monsoon refreshes its brand with new look
Monsoon has embarked on the roll out of a new look fascia, as part of an overhaul of the womenswear chains branding.
Budget 2010: VAT to rise to 20%
VAT is to be increased to 20% from January 4, Chancellor George Osborne revealed in the emergency Budget today.
Whistles turnaround on course after losses cut
Jane Shepherdsons turnaround of Whistles is proving a success, with losses slashed and a return to profitability on the horizon.
TJ Hughes pulls sale process
TJ Hughes, the discount department store chain, has axed its sale process.
M&S extends payment terms
Marks & Spencer is to launch an invoice discounting scheme for suppliers after implementing new, longer payment terms.
Peacocks considers sale
The owners of Peacocks Group are considering appointing advisers to examine the value retailers options as it mulls a possible sale, it is understood.
Debenhams launches biggest ever Sale
Debenhams has fired the starter gun on its biggest ever Sale with discounts of up to 70% online from today and in stores from Boxing Day.
Like-for-likes fall at Beales
Department store group Beales has posted a 1.7% fall in like-for-like sales,including concessions and VAT, after a fall-off in demand for big ticket items.
Peacocks calls on Leighton
Former Asda chief executive Allan Leighton in frame to become chairman of value fashion group.
Selfridges to overhaul womens designwear
Selfridges is to revamp its womens designer floor in a bid to replicate the success of its Shoe Galleries.
New Look vows to become top multichannel fashion retailer
New Look has thrown down the gauntlet to Asos and Next and said it wants to topple its rivals to become the number one multichannel fashion retailer within three years.
Team behind Aurora vie to snap up Jane Norman
Aurora management team size up distressed womenswear retailer to run separately
New Look director Lex Gemas exits following float delay
New Look chief operating officer Lex Gemas has exited the value fashion chain after little more than a year at the business.
Paul Smith profits rise
British designer label Paul Smith has paid out a £3.4m dividend after a bumper year in which profits hit the £25m mark.
Jane Norman chief Saj Shah exits after 35 years
Jane Norman veteran Saj Shah has taken early retirement from the womens young fashion chain.
John Lewis breaks sales records
John Lewis has smashed its single days sales record during its post-Christmas Clearance.
John Lewis bond fully subscribed
The John Lewis Partnership has closed its first retail investment bond to new applications after it reached its £50m target in 11 days.
Mothercare boss in line for £3.5m bonus
Mothercare boss Ben Gordon is set to benefit from a potential £3.5m bonus after hitting performance targets.
Never Knowingly Undersold... even online
John Lewis has broken new ground by extending its Never Knowingly Undersold price-matching policy to its website.
Phase Eight in management buy-out
Phase Eight, the womenswear retail chain, is set to be taken over by its management in a deal backed by Russian investors, ending its links with the private equity arm of Icelandic bank Kaupthing.
Matalan to close London buying office
Matalan, the value chain, is to close its London buying office and move its buying operations back to its Lancashire headquarters.
Harvey Nics to trial new formats as market slows
Luxury department store to open beauty standalone as part of innovation plans
Mothercare boss in line for £3.5m windfall
Mothercare boss Ben Gordon is set to benefit from a potential £3.5m windfall after hitting performance targets.
John Lewis: Never Knowingly Undersold... even online
John Lewis has broken new ground by extending its Never Knowingly Undersold price-matching policy to its website.
Liberty signs licensing deal with Italian menswear manufacturer
Liberty of London has signed its first licensing deal, the latest move in the department stores attempt to become profitable.
Jane Norman revamps to focus on fast fashion
Jane Norman has embarked on a radical overhaul of its business in an attempt to target a younger, more fashionable customer.
Debenhams opens first pop-up shop
Debenhams has opened its first pop-up shop, timed to coincide with London Fashion Week and featuring the department stores newest designer collaboration, Edition.
Franchise director latest to exit New Look
New Look franchise director Alex Cara has become the latest high-profile departure from the value fashion retailer as its new management refocuses on its core UK operations
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