Property giant British Land criticised retailers seeking to cut their rent bills as it released its full-year results. The company said some chains have been asking it to sacrifice too much as its portfolio value fell.
JD Sports Fashion’s results always make happy reading for anyone who seeking relief from the endless stream of sales drops, CVAs and profit warnings that seem to characterise the UK retail sector at the moment.
The importance of retail at railway stations in the UK came into even sharper focus over the festive period as key train stations saw rising product retail sales, despite the weak trading conditions during the period.
Joules may have seen its margins dented in the AW18 and Christmas season but it continued to expand at home and abroad as shoppers bought into its lifestyle offer despite reining-in their spending elsewhere.