Month: June 2020
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Jun- 2020 -29 JuneNews
Investors push for Trafford Centre sale
A Canadian investor is reportedly pushing for the sale of Intu’s Trafford Centre following Intu’s collapse, the Sunday Times has…
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29 JunePeople Moves
Estée Lauder Companies promotes Stéphane de La Faverie as group president
Estée Lauder Companies has announced the promotion of Stéphane de La Faverie to the position of group president. La Faverie…
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26 JuneShopping Centres
Intu collapses into administration
Intu has officially called in administrators, after weeks of speculation that the group was on the brink of collapse. The…
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26 JuneTips
The New Normal in Retail: The State of Shopping After Lockdown
The retail sector in the country gears up for reopening as COVID-19 lockdown restrictions are starting to get lifted. However,…
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26 JuneEconomy
Just 13.8% of retail rent collected on June quarter day
Landlords received just 13.8% of rent owed by the UK retailers on this quarter’s rent date, compared with the 19.8%…
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26 JuneCoronavirus
Intu admits appointment of administrators ‘likely’
Shopping centre owner Intu has admitted that it has so far failed in reaching standstill agreements with landlords and therefore…
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26 JunePeople Moves
Card Factory CEO announces departure
Card Factory has announced the departure of CEO, Karen Hubbard, after four years in the role. During her time as…
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26 JuneNews
Tesco sales soar as online business booms
Tesco saw sales surge in the first quarter of trading, with like-for-like sales up 8.2% despite the pandemic and nationwide…
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25 JuneM&A
Amazon’s proposed stake in Deliveroo cleared by CMA
The Competition and Markets Authority (CMA) has provisionally cleared Amazon’s 16% investment in Deliveroo for the second time, on the…
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25 JuneComment
Is it time retailers challenged digital transformation?
I think we have all heard enough about how quickly we have adapted to working from home, the constant play…
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