Month: March 2020
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Mar- 2020 -11 MarchEconomy
Bank of England cuts interest rates to help combat coronavirus impact
The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate…
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11 MarchHigh Street
B&M completes £11m disposal of German business
B&M European Value Retail has announced the completion of its German business disposal following a strategic review of the business.…
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10 MarchAnalysis
Banks to help us all out with coronavirus fallout
Once again the business pages on all major news outlets are pretty much dominated by the developing story of coronavirus…
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10 MarchComment
How can stores replicate the success of the Aldi middle aisle?
As the retail industry continues to attract negative headlines with reduction in footfall and questions over the viability of the…
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10 MarchHigh Street
Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak
Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for…
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10 MarchClothing & Shoes
Stella McCartney reports £11m loss
Fashion retailer Stella McCartney has reported an £11m loss in pre-tax profit for its full-year results, attributed to flat sales…
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10 MarchClothing & Shoes
French Connection posts £3m loss as it warns of continued tough trading
French Connection has revealed it has swung to a £2.9m loss for the full-year period ending 31 January 2020 and…
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10 MarchHigh Street
DFS sales slide amid ‘challenging’ conditions
DFS has announced that its group revenue fell by 5.7% to £488m in the half-year period ended 29 December 2019.…
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9 MarchHigh Street
18,000 retail jobs lost in last two months
Almost 18,248 retail jobs have been lost in the past two months, with 1,211 shops also shuttered since the turn…
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9 MarchClothing & Shoes
Reiss sales rise 21.9% in full-year results
Fashion retailer Reiss has reported a 21.9% increase in sales to £227.4m in 2019, compared with £186.5m in 2018. For…
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