Retail Sector

Retailers in Northern Ireland enjoy nearly 13% rise in footfall

Retailers in Northern Ireland enjoy nearly 13% rise in footfall

High street stores and shopping centres in the Northern Ireland enjoyed their highest footfall levels in the month of April since 2012, just released fresh data showed.

According to the Northern Ireland Retail Consortium/Springboard Footfall data, Northern Ireland's retailers enjoyed an impressive year-on-year increase of 12.8 per cent in the number of people passing through stores in April.

Sports Direct in talks to buy 30 gyms from LA Fitness

Sports Direct in talks to buy 30 gyms from LA Fitness

The UK-based sporting goods retailer Sports Direct International Plc is in talks to acquire numerous gyms from LA Fitness, a person familiar with the matter revealed.

UK retail sales jump 5.7% in April: BRC

UK retail sales grew by nearly 6 per cent year-on-year in April this year, thanks to late start of Easter and a notable improvement in the country's economic activities.

According to fresh data released by the British Retail Consortium (BRC), the furniture & flooring category as well as children's clothing enjoyed particularly strong trading in April.

Morrisons CEO Dalton Philips defends his strategy

Bradford-based supermarket chain Morrisons' CEO Dalton Philips on Thursday said that some investors might not like his strategy amid declining sales but he had the City's backing.

Talks with financing partners in accordance with normal practice: Mothercare

British maternity & baby products retailer Mothercare has refuted media reports that the group is suffering a heavy debt problem, which forced it to renegotiate loan terms with its lenders.

Dixons and Carphone Warehouse poised to announce merger: report

Dixons Retail and Carphone Warehouse are reportedly all set to sign a merger agreement that would create one of UK's biggest high street groups.

Citing anonymous sources, Sky News has reported that Dixons and Carphone would likely make a statement outlining concrete details of their merger before a Takeover Panel cut-off date of May 19.

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