Month: May 2020
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May- 2020 -22 MayEconomy
Consumer confidence drops further in May
GfK’s long-running Consumer Confidence Index has decreased by one point to -34 for May, as the Covid-19 pandemic continues. The…
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22 MayCoronavirus
Retail sees record slump in April
Retail sales slumped by a record 18.1% in April, according to the latest data from the Office of National Statistics…
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22 MayClothing & Shoes
Burberry sales fall 27% amid Covid-19 pandemic
Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss…
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21 MayCoronavirus
Matalan reopens 15 retail park stores
Matalan has reportedly opened a select number of its stores located in retail parks across the country. According to Drapers,…
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21 MayHigh Street
Retailers set to receive £430m worth of tax rebates
The Supreme Court has handed the embattled retail sector a £430m tax lifeline by upholding an earlier decision that cash…
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21 MayComment
Dealing with true demand today to help customers for the coming months
With the COVID-19 novel coronavirus on the rise worldwide, retailers are being forced to rethink their supply strategies on the…
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21 MayPeople Moves
Ted Baker appoints ex-Topshop design exec as new creative director
Ted Baker has announced the appointment of former Topshop global design director, Anthony Cuthbertson, as its new global creative director…
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21 MayHigh Street
Pets at Home sales top £1bn for the first time
Total annual revenue at Pets at Home exceeded £1bn for the first time in its history, increasing 10.2% to £1,058.8m…
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20 MayHigh Street
Matalan founder sues PwC over ‘misguided’ tax advice
PwC is reportedly being sued by the founder of Matalan over “misguided” tax advice. John Hargreaves, who set up the…
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20 MayHigh Street
Johnsons Shoes Company enters administration
Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…
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