Month: August 2020
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Aug- 2020 -24 AugustDepartment Stores
Debenhams owner calls in advisers for its own administration
The holding company of Debenhams, Celine Group Holdings, has appointed advisers to help prepare for its own administration. Celine confirmed…
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24 AugustSport & Leisure
Frasers Group buys DW Sports out of administration
Frasers Group has snapped up the assets of Dave Whelan Sports (DW Sports) from its administrators for a sum of…
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21 AugustClothing & Shoes
TK Maxx owner suffers £161m Q2 loss
TJX Companies, the owner of fashion retailer TK Maxx, has reported a net loss of $214m (£161m) for the second…
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21 AugustHigh Street
Ex-Asda and Debenhams chiefs in rival £6.5bn bids for Asda
Retail bosses Paul Mason and Rob Templeman are reportedly set to launch rival £6.5bn bids for supermarket giant Asda. According…
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21 AugustHigh Street
Retail sales volumes recover slightly in July
Retail sales volumes increased by 3.6% in July when compared with June, according to new data from the ONS. The…
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21 AugustHealth & Beauty
Estée Lauder to axe up to 2,000 jobs
Estée Lauder has announced that it will axe between 1,500 and 2,000 positions across its global business in a bid…
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20 AugustEntertainment
The Rolling Stones to open flagship Carnaby Street store
The Rolling Stones have announced they will officially open their first flagship store in London next month. The RS No.…
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20 AugustHigh Street
Frasers Group profits slump in full-year results
Frasers Group has reported a 19.9% decrease in pre-tax profits to £143.5m in its preliminary results for the year ended…
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20 AugustComment
How retailers can use feedback during a crisis to strengthen their brand
It’s no secret that the retail industry has been severely affected by Covid-19-related shutdowns and a crumbling economy. Despite non-essential…
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20 AugustOnline & Digital
Amazon and Morrisons launch delivery service
Amazon and Morrisons have stepped up their partnership with the online retailer now offering a full product service from the…
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