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Coronavirus
Co-op expects ยฃ200m increase in costs amid Covid-19 crisis
The Co-op has warned that the Covid-19 pandemic is expected to increase its costs by over ยฃ200m. The grocery retailer…
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Electrical
Gear 4 Music reports 9% increase in FY sales despite Covid-19 impact
Musical instruments retailer, Gear 4 Music has reported a 9% increase in sales to ยฃ120.3m amid the Covid-19 pandemic. In…
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Coronavirus
One in six shopworkers abused daily during pandemic, says Usdaw
Shopworkersโ trade union Usdaw has released statistics revealing one in six shop workers have suffered abuse on every shift, during…
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Online & Digital
Boohoo reports 54% rise in pre-tax profits in FY results
Online fashion retailer Boohoo has reported a 54% rise in pre-tax profit to ยฃ92.2m compared with ยฃ59.9m last year. In…
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Coronavirus
Companies House suspends strike-offs amid Covid-19 crisis
Companies House has announced it has temporarily paused its strike off process to prevent companies being dissolved amid the Covid-19…
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Clothing & Shoes
Joules adds ยฃ15m to existing debt facility
British lifestyle brand Joules has announced it has successfully agreed to add ยฃ15m to an existing credit facility with Barclays…
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People Moves
Patrick Guido steps down as Lululemon CFO
Lululemon has announced that its CFO, Patrick Guido, will be stepping down to assume a position outside of the apparel…
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Coronavirus
Covid-19: EWM introduces pandemic clauses into Bonmarchรฉ leases
Edinburgh Woolen Mill (EWM) is reportedly introducing pandemic clauses into any new Bonmarchรฉ leases it is due to sign with…
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High Street
Dunelm CEO takes 90% pay cut as company seeks coronavirus loan
Homeware retailer Dunelm has announced its CEO, Nick Wilkinson, has taken a 90% pay cut as it confirmed it is…
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Supermarkets
Morrisons offers NHS staff 10% discount for 12 weeks amid Covid-19 crisis
โBig 4โ grocer Morrisons has announced a 10% discount on shopping for all NHS staff for 12 weeks to support…
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