Boohoo/Debenhams Group is set to create more than 1,200 jobs as it returns its fulfilment operations to its Burnley distribution hub through a new partnership with GXO Logistics. The move, expected to take place early next year, follows the £90 million sale of the group’s Sheffield distribution Continue Reading
UK department store chain Selfridges returned to profitability in its latest financial year, with revenue rising 7% to £830.8 million, supported by strong footfall across its four stores despite a decline in online sales. Operating profit increased to £79.7 million from £42.2 million, while pre-tax profit improved to £13 million from a £15.9 million loss […]Continue Reading
British supermarket group Morrisons is in discussions with several parties, including US-based Realty Income, over a potential £600 million ($803 million) real estate financing deal, according to a Sky News report citing industry sources. The proposed transaction is not expected to follow a traditional sale-and-leaseback structure but may instead involve financing secured Continue Reading












