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Scotland witnessed a net closure of one store per day in 2023, according to a report by PwC and The Local Data Company (LDC). While 1,069 stores closed, 732 new outlets opened, resulting in a net loss of 337 shops and outlets belonging to chains with five or more locations.

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A letter sent by Lord of the Rings writer JRR Tolkien to a young fan is being put up for auction. The author wrote to eight-year-old Christopher Howard in 1961. Now, Mr Howard from Kent has decided to sell the letter after keeping it for sixty years.

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Social enterprise and luxury mattress manufacturer, Glencraft, has signed its first retail partner contract in North America.The contract, expected to yield Glencraft an annual six-figure turnover, has been secured with Inform Interiors, a high-end furniture retailer based in Canada.A not-for-profit

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