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Philip Green agrees to pay £363m to settle BHS pension row Sir Philip Green has agreed to pay up to £363m to The Pensions Regulator (TPR) to settle the pension scheme of the collapsed retailer BHS. General Retailers > Hypermarkets & Supermarkets > News
Philip Green agrees to pay £363m to settle BHS pension row By RBR Staff Writer
Sir Philip Green has agreed to pay up to £363m to The Pensions Regulator (TPR) to settle the pension scheme of the collapsed retailer BHS.
General Retailers > Hypermarkets & Supermarkets > News Starwood, Vencom divest retail asset in Sweden Starwood Capital Group and Vencom, through separately controlled affiliates, have divested the retail park and shopping galleria, Bromma Block, in Stockholm, Sweden to the CBRE Global Investment Partners (CBRE GIP) managed fund, CBRE GIP European Co-Investment Fund (ECF).
General Retailers > Hypermarkets & Supermarkets > News Tesco to cut 1,700 deputy manager roles at Express convenience stores By RBR Staff Writer
Britain's biggest retailer Tesco is replacing 1,700 deputy managers in its chain of Express convenience stores.
General Retailers > Convenience Stores & Gas Stations > News
Regency Centers shareholders approve merger with Equity One Stockholders of Jacksonville-based Regency Centers have approved the merger of Equity One at a special meeting.
General Retailers > Hypermarkets & Supermarkets > News John Lewis to cut 387 jobs in staff overhaul By RBR Staff Writer
UK retailer John Lewis said that it will be cutting 387 jobs in an effort to improve the customer experience.
General Retailers > Hypermarkets & Supermarkets > News Survey says retail CEOs making digital transformation highest investment priority this year A new survey has revealed that digital transformation has firmly taken hold in retail with nearly half of retail executives surveyed having a defined digital strategy in place.
General Retailers > Hypermarkets & Supermarkets > News

Latest News and Insight by Sector

Discount Retailers

PREIT signs DICK’S Sporting Goods as lead tenant to replace Sears at Capital City Mall
PREIT has executed three leases for replacement tenants following proactive recapture of Sears stores as previously announced.
Discount Retailers > Discount, Variety & General Merchandisers > News
Dollar General intends to create 10,000 new jobs in 2017
Dollar General is planning to create about 10,000 new jobs in 2017 as the result of 1,000 planned new store openings and two new distribution centers.
Discount Retailers > Discount, Variety & General Merchandisers > News

General Retailers

Philip Green agrees to pay £363m to settle BHS pension row
By RBR Staff Writer
Sir Philip Green has agreed to pay up to £363m to The Pensions Regulator (TPR) to settle the pension scheme of the collapsed retailer BHS.
General Retailers > Hypermarkets & Supermarkets > News
Starwood, Vencom divest retail asset in Sweden
Starwood Capital Group and Vencom, through separately controlled affiliates, have divested the retail park and shopping galleria, Bromma Block, in Stockholm, Sweden to the CBRE Global Investment Partners (CBRE GIP) managed fund, CBRE GIP European Co-Investment Fund (ECF).
General Retailers > Hypermarkets & Supermarkets > News

Specialist Retailers

Lowe’s to layoff over 500 employees in North Carolina
By RBR Staff Writer
American home improvement retailer, Lowe’s is embarking on a major restructuring program which would result in the layoff of over 500 employees.
Specialist Retailers > Home Furniture & Houseware Retailers > News
Nordstrom to open new Nordstrom Rack store in Maryland, US
Seattle-based Nordstrom has unveiled plans to open a new store within The Shops at Canton Crossing in Baltimore, Maryland.
Specialist Retailers > Apparels, Accessories & Luxury Goods Retailers > News

Markets & Regulations

Amazon partners with UK government to test drone deliveries
By RBR Staff Writer
Online retail giant Amazon has entered into a partnership with UK Government to expand its testing of delivery drones.
News
Retail sector urged to have their say on how to close the gender pay gap
By FBR Staff Writer
Retail firms across the country are being called on to respond to a major Government consultation on how to close the gender pay gap.
Markets & Regulations > Markets > News

Retail Technology

DynamicAction partners with Accenture to drive forward retail industry with advanced analytics
DynamicAction, provider of the most advanced analytics solution specifically designed for retailers, has secured $15m in new funding and entered into an alliance relationship with Accenture.
Retail Technology > News
Shop Direct signs 10-year agreement with IBM
By RBR Staff Writer
British online retailer Shop Direct has partnered with IBM to accelerate its digital transformation by adopting a hybrid cloud model for enhanced flexibility.
News