New owner sees a bright future for Peak Shopping Village – Retail News – A1 Retail Magazine

Situated in the village of Rowsley, on the edge of the Peak District National Park, the Peak Shopping Village has been bought by the Devonshire Property Group Ltd (DPG) which says the outlet centre has “exciting potential”. The company has acquired the site for an undisclosed sum with the intention…

DFS remains focused on digital retailing long-term, but sees disruption to deliveries following port congestion in the short term

DFS says its customers have continued to turn online to order during the pandemic, as ecommerce sales rose by 76% in the first 24 weeks of its financial year, compared to the same time last year. It is continuing to manufacture and deliver despite Covid-19 restrictions that mean its 65…

Pier 1 Q2 loss doubles amid heavy clearance activity; sees ‘gradual recovery’

Pier 1 Imports posted another big quarterly loss as the retailer aggressively cleared out goods in anticipation of its merchandising and marketing reset, key elements of its turnaround strategy.  The struggling home décor chain reported a net loss of $100.6 million, or $24.29 per share, in the quarter ended August…