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Modella Acquires The Original Factory Shop, Boosting Retail Innovation and Growth

The new owners of the Original Factory Shop have been named Modella which also owns Hobbycraft. The deal will undoubtedly change things. The purchase of the business puts together two well-known names on the UK high street. An Emerging Retail Power...

WHSmith to Close 17 Stores This Year in Strategic Restructuring

WHSmith plans to shut down 17 shops this year to simplify the business and increase profitablity. The firm's retail strategy will undergo a “material change” as it responds to choppy trading conditions. Strategic Realignment in a Challenging...

Homebase to Close 33 Stores: Strategic Restructuring Amid Retail Challenges

Homebase is set to shut 33 stores this month as it embarks on a large-scale restructure. The move shows that the retailer is changing how it operates in tune with the market and reflects ongoing problems facing UK retail. A Significant...

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