Month: July 2020
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Jul- 2020 -2 JulyCoronavirus
High street retailers ‘urgently’ need government recovery plan, says Usdaw
Shopworkers union Usdaw has urged the government to agree with employers and trade unions a recovery plan for the high…
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2 JulyComment
Why every penny counts as retailers open shop doors again
The long-awaited re-opening of shop doors comes with the even bigger anticipation of turmoil within the next 12 months as…
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2 JulyClothing & Shoes
Primark welcomes ‘encouraging’ trade after sales slump
Primark sales plunged by 75% to £582m in its third quarter of trading, while its year-to-date sales fell by 27%…
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1 JulyCoronavirus
Harrods to cut 700 jobs
Luxury department store Harrods is set to cut around 700 jobs as it attempts to weather the storm caused by…
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1 JulyDepartment Stores
John Lewis set to axe stores and jobs
Department store chain John Lewis is reportedly set to cut jobs in a bid to reduce its costs. In a…
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1 JulyHigh Street
Harveys collapses into administration as Bensons saved
Furniture retailer Harveys has collapsed into administration after the retailer’s parent company, Blue Group, called in PwC to financially restructure…
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1 JulyNews
B&M reports ‘strong’ performance as revenue rises over 25%
Budget retailer B&M has reported a “strong” start to the financial year as it saw a 27.7% increase in group…
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1 JulyNews
Sainsbury’s sales boosted by online growth
Sainsbury’s has welcomed a “particularly strong” online performance in its first quarter of trading, as online sales more than doubled,…
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1 JulyDIY
Kingfisher appoints ex-Travis Perkins CFO as non-executive director
Kingfisher has announced the appointment of former Travis Perkins CFO, Tony Buffin, as a non-executive director with effect from 1…
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