BHS

British shopping centers owner Hammerson has agreed to buy smaller rival Intu Properties for about £3.4 billion ($4.56 billion) to create a pan-European real estate giant controlling assets worth £21 billion. Hammerson owns the Brent Cross shopping centre in London, as...

The British fashion market has witnessed its steepest decline since 2009, according to the latest figures from Kantar Worldpanel. Data to the 52 weeks ending 25 September 2016 revealed that the market has now seen four months of consecutive...

A month after its final store closed, British retailer BHS is back - but only online and with a new name and new owners. After the store went under in June 2016, its online and international operations were bought over by the Al...

Big Box Stores Getting Smaller Despite the fact that retailers internationally are working hard to adjust to a more digital consumer - by either shutting their under-performing stores or coming up with a new retail strategies - department stores do...

British department store chain BHS is all set to down shutters, cutting almost 11,000 jobs in the process after failing to find a buyer, administrators have declared. The 88-year-old chain, which sells clothing, food and homeware, has failed to keep pace...