UK-based Poundworld’s introduction of multi-price retailing and smaller product sizes has failed to shore up margins, and the discounter has been forced to appoint administrators today.
Mid-market players Marks & Spencer and Debenhams stand to gain the most from the planned closures of 31 House of Fraser stores, should landlords accept its proposed Company Voluntary Agreement.
UK petrol and diesel prices on the forecourts hit a 3-year high in 2018 and they look unlikely to slow down anytime soon unless OPEC can increase production.
Chinese tourism is already big and it’s still growing.
Takeda’s possible $65 billion takeover of Shire could be the largest deal value in pharma this year and combined Takeda Shire company could be catapulted to the ninth position in terms of 2017 sales.
McDonald’s has revealed that it recorded 37,241 outlets across 120 countries in 2017, a net store increase of 342 on the previous year.
There are increasingly more countries with the so-called sugar tax around the world and today the UK’s sugar tax takes effect.
Apple’s iPhone X — released back in November last year — is the number one choice for people in the UK when asked which phone they want to buy next, a good sign for Apple investors who are concerned the company is losing its appeal.
All major US wireless operators are rolling out 5G this year.
Only a minority of those working for financial services providers believe their organisation is adequately prepared to meet the fintech challenge, according to a GlobalData survey on the impact of fintech.
While the demise of Toys R Us in the UK has focused on how it was killed by the internet, data shows that the rise of local rival Smyths caused even more damage than Amazon.
US ecommerce giant Amazon has become the UK’s fifth biggest retailer by spending market share, accounting for £4 in every £100 spent on retail last year.
The latest annual results for HSBC — released today — are at first glance a company boasting of a job well done.
After a series of corporate takeovers people are beginning to wonder what the craft beer definition is.
UK telco giant BT has reported a three percent decline in third quarter revenue and a one percent fall in underlying profit before tax.
Vodafone has revealed revenue slipped in its final three months of the year — but as mobile data continues to grow, Vodafone is in a good position.
Soft drinks are facing another challenging year amid ongoing negativity around sugar and a looming sugar tax in the UK.
9 Mobile, the fourth largest Nigerian mobile operator, is in the process of being sold off that could change the competitive dynamics in one of the largest mobile markets in Africa.
In the pharmaceutical industry one well performing drug can make or break a company’s year.
This year’s Consumer Electronics Show (CES) will likely break attendance records.
South Africa telco MTN has launched South Africa’s first 5G trial, racking up blistering download speeds of more than 20 gigabytes a second.
Department stores are struggling, with poor sales, over supply of space and increasing costs.
Across Europe there is a huge disparity between the countries that use the most mobile data each month and the least.
By the end of 2017, Egypt will become just the second country in Africa and the Middle East to reach 100mn mobile phone subscribers, putting Egypt soaring well above the likes of Turkey and Saudi Arabia.
Just €10 a month buys a lot of data across Europe but people in some countries have it much better than others.
Telecom revenue in Saudi Arabia forecast to reach $12.6bn in 2017 as the market opens up.
The reported collapse of the Sprint T-Mobile merger has pushed down the shares in both of them but it is good news for others.
Both Harrods and Selfridges have announced impressive double-digit sales growth and grown their combined share of the UK department stores market by 40 percent over the last five years.
By the end of 2017 there will be 20.1m active smartphone subscriptions in Kenya, a 16 percent increase from the end of last year, according to GlobalData numbers.
Do you feel like you see high street Christmas lights earlier every year?