News for: Retail

A large proportion of Wilko stores are at risk of closure after the household goods retailer appointed administrators earlier this month (August 2023). In an update, Joint Administrators, PwC, warned that redundancies were likely as a buyer for the retailer was sought. PwC remains open to offers … [Read more...]

Retail sales have fallen for the second time this year as last month’s wash out led to a bigger than expected drop. The latest figures from the Office For National Statistics (ONS) show sales volumes slipped 1.2% in July, following a rise of 0.6% the month before. Food stores sales … [Read more...]

Household goods retailer, Wilko, has fallen into administration and putting 12,000 jobs at risk nationwide, including at its Stockport store. The retailer filed a notice of its intention to appoint administrators on 3rd August, giving it a seven-day reprieve from creditors as it hoped to find a … [Read more...]

Stockport headquartered circular economy pioneer, musicMagpie, is expanding its network of SMARTDrop kiosks to three new high profile and high footfall sites in UK shopping centres. The new sites for the kiosks, which allow customers to recycle unwanted mobile phones for payment on-the-spot, are … [Read more...]

Stockport headquartered wholesaler, Parfetts, has announced that sales topped £634 million in the last year, up from £607 million in the previous financial year. The increase in like-for-like sales of 4.7% comes after a year of investment into protecting retailer margins through an expanded … [Read more...]

Household goods retailer, Wilko, is set to be enter into administration putting over 12,000 jobs and 400 stores, including at Stockport Retail Park, at risk. The East Midlands-based chain was founded in Leicester in 1930 as Wilkinson Cash Stores, rebranding to Wilko in 2012. The brand was among … [Read more...]

Stockport Council has begun the latest phase of essential structural repairs to the Merseyway Car Park in Stockport town centre. Work to the 'Orange Zone' of the car park (the main area of parking accessed from St Petersgate and the bridge over Chestergate) will take place from July through to … [Read more...]

The John Lewis Partnership, which owns John Lewis and Waitrose, has become the first UK retailer to have its net-zero targets validated by the Science Based Targets initiative (SBTi). The initiative, a global body enabling businesses to set ambitious emissions reductions targets in line with … [Read more...]