Coronavirus
This coverage analyses the impact of coronavirus on the UK retail industry, focusing on operational challenges, government measures, financial pressures, workforce management, and shifts in consumer behaviour. Reporting provides insights into how retailers responded to closures, safety protocols, supply chain disruptions, and evolving customer needs — helping executives and managers assess lessons learned and long-term changes.
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Jun- 2020 -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 by 0.2 percentage points from the Office for National Statisitic’s (ONS) first quarterly estimate. The ONS said it is the largest fall in UK GDP since Q3 1979, when it…
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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, with non-essential shops now allowed to reopen, they have been faced with another high-risk financial decision – should they stay closed or reopen? Knowing the key areas to consider and…
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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, although many stores and shopping centres are preparing to reopen to the public, they are required to ensure a healthy and safe shopping environment and provide their customers with a…
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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% collected in March, according to new data from Re-Leased. The cloud-based commercial property management platform said retail properties were the “worst performing group” compared with offices and the industrial sector,…
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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 basis that it is not likely to result in a “substantial lessening of competition”. In its initial provisional findings, published in April, the CMA provisionally cleared Amazon’s investment on the…
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25 JuneClothing & Shoes
The Very Group to cut 141 roles as part of tech restructure
The Very Group has announced it is set to cut 141 roles from its head office and customer care teams as part of a restructure which will also see around a 100 roles created elsewhere. The only retail group, which operates brands such as Very.co.uk and Littlewoods.co.uk, will further expand…
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25 JuneNews
The Mall Maidstone appoints Gavin Cockayne as general manager
Capital and Regional and The Mall Maidstone have announced the appointment of Gavin Cockayne as the new general manager, succeeding Andy Davy, who is retiring from the company after 11 years. Cockayne has over 20 years experience in the retail industry, working with a number of major UK retailers in…
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24 JuneCoronavirus
Naked Wines reports £200m revenues in FY results
Naked Wines has reported a 14% increase in revenues to £203m for the full-year period ended 30 March, up from £178.4m the previous year. The company also revealed that losses before tax also reduced to £5.4m, compared with £10m in 2019. Naked Wines said the outbreak of the coronavirus pandemic…
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23 JuneCoronavirus Featured Content
Three ways that Covid-19 will change British retail forever
In the midst of a global pandemic the UK high street is suffering more than ever before with many ailing big names, from fashion retailer French Connection warning it will run out of cash within the next few months unless it secures a cash injection, to the ongoing struggles of…
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23 JuneCoronavirus
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of its staff being made redundant. The news comes after the company reported a loss of £2.5m for the 26 weeks to 4 April 2020, compared with a profit of £1m…
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