Month: June 2020
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Jun- 2020 -30 JuneClothing & Shoes
TM Lewin collapses into administration
TM Lewin has collapsed into administration following news that the retailer was eyeing up a pre-pack administration deal. According to…
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30 JuneCoronavirus
Government confirms changes to ‘flexible’ furlough scheme
The UK government has confirmed the latest set of changes to its “flexible” furlough scheme – dubbed CJRS V2 –…
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30 JuneComment
What the fuel station of the future means for retailers
Cruising into a petrol station and filling up the tank is a staple of everyday life for drivers across the…
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30 JuneEconomy
Revised ONS data reveals greater GDP drop in Q1 2020
The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards…
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30 JuneComment
Should I stay closed or reopen?
Since the start of lockdown, most owner managers have become used to real-time contingency planning and agile decision making. However,…
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30 JuneCoronavirus
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions…
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30 JuneHealth & Beauty
Coty purchases 20% stake in KKW Beauty
Cosmetics and beauty company Coty has announced it has purchased a 20% stake in Kim Kardashian West’s KKW Beauty brand…
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30 JuneNews
Waitrose to create 800 jobs with third online warehouse
Waitrose has unveiled its plans to open a third online fulfilment centre, which will see its online order slots in…
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29 JuneCoronavirus
H&M half-year sales slump amid Covid-19 pandemic
Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended…
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29 JuneClothing & Shoes
TM Lewin hires restructuring firm as it eyes pre-pack deal
The new owner of TM Lewin has reportedly called in a restructuring firm as it considers a pre-pack administration deal…
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