Facebook Incand its chief executive Mark Zuckerberg were sued on Friday in what could be the first of many lawsuits over a disappointing earnings announcement that wiped out about $120 billion of shareholder wealth.
The legal action being brought by House of Fraser landlords is set to delay the struggling retailer’s CVA and means that the £70 million cash injection that the firm is getting from its new owner could be delayed too.
A U.S.-EU deal on trade should give the European Union at least four months of respite from transatlantic tensions, crucially pushing past the U.S. midterm elections, a senior EU official said on Thursday.
Struggling mother and baby products retailer Mothercare is reportedly planning a new marketing push as it works to revive its business in the face of a CVA that will see a large number of store closures and job losses.
A casualty of Hammerson's change of direction (as well as the weak market for bricks and mortar stores) is the mall giant's plan for a massive expansion at Brent Cross that has now been indefinitely deferred.
Stylist magazine and shopping malls giant Intu have announced that the large-scale consumer fashion and beauty event, Stylist Live, will take place outside London for the first time at Intu Trafford Centre, Manchester.
One of London’s biggest landlords aims to breathe new life into what it calls the South Molton Triangle and that could have a big impact on retail with a spread of prime retail space into more streets in W1's heart.