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Department Stores
Mike Ashley to launch legal action over Debenhams collapse
Frasers Group’s Mike Ashley has reportedly escalated a legal battle with FRP Advisory over the collapse of Debenhams. According to…
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Department Stores
Selfridges to shut today as retailers pay tribute to Queen
Selfridges has announced that its stores in London, Manchester and Birmingham will remain closed today (9 September) as a mark…
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Clothing & Shoes
Ted Baker appoints head of menswear sales
Ted Baker has appointed James Waller as its new head of sales for menswear. In his new role, Waller will…
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High Street
WH Smith buoyed by travel as high street sales take hit
WH Smith expects that full-year trading will be in line with expectations in FY22, as a rebound in its travel…
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Government
Retailers call for strong leadership and high street support from new PM
The retail industry has urged Liz Truss to work alongside the sector and provide “strong leadership” amid the deepening cost-of-living…
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Clothing & Shoes
Matalan eyes sale as inflation dents business
Matalan is reportedly eyeing a potential sale of the discount chain ahead of a looming refinancing deadline, as the business…
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Government
Zahawi draws up multi-billion pound tax cut package for businesses
Chancellor Nadhim Zahawi has reportedly drawn up plans for a multi-billion pound tax cut package to help businesses amid rising…
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Government
Truss in talks to further cut business rates amid rising costs
Liz Truss has reportedly entered discussions with industry lobbyists over plans to further cut business rates. According to The Telegraph,…
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Department Stores
Department stores could be given protected status
Department stores across the UK could be given protected status following a new review of high streets from Historic England. …
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Comment
Retail Crisis: Why mountains of excess inventory and overselling is set to kill off many promising businesses
Remember the early days of the pandemic? The never-before-seen surge in online shopping meant retailers were overwhelmed with demand. Locked…
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