Over 100 British retailers have called for a business rates overhaul, calling the tax a “critical problem” in an open letter which marks the industry's most vocal show of opposition so far.
East - the Asian-inspired fashion retailer - has reduced its pre-tax losses as it seeks to exit unprofitable stores.
It has been revealed by the Wykeland Group that Debenhams is going to be the focal-point retail element of its Flemingate regeneration programme in Beverley, Yorkshire – to open in late 2015. The £120 million development lies opposite the Beverley Minster, and consists of 162,561 sq ft of retail and leisure space.
It’s already well-known for its luxury offering, traffic-stopping window displays and inimitable yellow branding, but soon Selfridges’ Oxford Street flagship will have a new claim to fame- as the ‘world’s largest and most comprehensive destination for accessories’.
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