Month: August 2020
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Aug- 2020 -11 AugustClothing & Shoes
Zalando sees revenues rise 20%
Online fashion retailer Zalando has reported a 19.6% increase in revenues to €3.56bn (£3.2bn) in the first half of 2020,…
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11 AugustCoronavirus
Retail sales rise for second month in a row
Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month…
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10 AugustHigh Street
Baird Group launches CVA proposal
Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…
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10 AugustHigh Street
WH Smith seeks rent cuts
WH Smith is reportedly seeking rent cuts from its landlords as it looks to cut costs. According to The Sunday…
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10 AugustClothing & Shoes
Superdry secures funding as sales fall
Superdry has secured a new £70m lending facility in a bid to equip it with “flexibility and liquidity” following the…
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10 AugustSupermarkets
Lidl opens 100th London store
Discount supermarket Lidl GB has opened its 100th London store in Beckton. The retailer also revealed plans to open 30…
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7 AugustTips
What Is Amazon Fresh and how will It affect UK supermarkets
Certain sectors of the online retail industry are currently experiencing rapid growth, particularly because of the convenience and safety that…
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7 AugustCoronavirus
Poor July sales rock high street recovery
Poor in-store sales through the month of July have “dampened hopes of a recovery” across UK high streets, according to…
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7 AugustHigh Street
Usdaw warns business rates increase could risk more jobs
Retail trade union Usdaw has expressed “major concerns” over reports that the government is considering increasing business rates for premises…
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7 AugustClothing & Shoes
Jigsaw eyes CVA plans
Fashion retailer Jigsaw is reportedly set to launch a CVA proposal in the coming week as the ongoing impact of…
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