Breaking news
Staples is launching a pilot program to rent podcast studios for an hourly fee at seven Boston stores, part of a larger strategic shift to compete with coworking companies like WeWork The retailer is continuing its transition to a services and coworking company Customers will be able to rent podcast studios at Boston-area Staples stores … Read more
Footwear retailer Shoe Zone warns another 100 stores will be axed if business rates are not overhauled Shoe Zone boss Anthony Smith said it may have to shut down 100 stores Shoe Zone shut down about 300 stores in the last ten years Business rates payments rose from 26% to 54% over the last decade … Read more
CVS will now test all of the supplements sold on its shelves, the pharmacy giant announced on Wednesday. Recent studies have found that hundreds of dietary supplements are tainted with unapproved drugs and ingredients. But the US Food and Drug Administration doesn’t have to assess or approve supplements before they hit store shelves and online … Read more
Plan to restructure department store chain Debenhams could take up to two years as 50 stores face the axe The department store chain spiralled into administration last week The £2.3billion turnover company plans to close as many as 50 of its 165 stores All the stores are expected to stay open until Christmas By Neil … Read more
FTSE CLOSE: LK Bennett rescued but 15 stores to close; Bonmarché rejects Philip Day’s takeover offer; Online grocery shopping slows Bonmarche says tycoon Philip Day’s takeover bid of £5.7m undervalues the firm The number of people opting to buy groceries online has slowed The competition watchdog has concerns about Rentokil-Mitie merger Over a third of … Read more