Coronavirus

Tesco to launch NHS Nightingale pop-up stores

‘Big 4’ grocer Tesco has announced plans to open pop-up convenience stores at NHS Nightingale sites across the UK, amid…

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WH Smith raises £166m through share placing

WH Smith has raised £166m through a share placing in efforts to shore up its finances amid the ongoing coronavirus…

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Debenhams appoints FRP as administrator

Debenhams has announced its intent to appoint an administrator in order to “protect” the business from creditors during the coronavirus…

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Coronavirus and the Retail Property Sector

Coronavirus continues to spread across the world and many countries have now established strict social distancing measures to halt its…

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Temporary store closures due to coronavirus lead to 14% drop in retail jobs

The UK job market has been hit hard by the coronavirus outbreak, with retail jobs dropping by 14% in March,…

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Debenhams readying to appoint administrators amid Covid-19

Department store chain Debenhams is reportedly set to enter administration for the second time in a year in order to…

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Chancellor unveils new measures to SME loan scheme

Chancellor of the exchequer Rishi Sunak has unveiled a major overhaul to his previously announced SME loan scheme. Initially, the…

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Boots reports 18% decrease in operating income amid Covid-19 virus outbreak

Health and beauty retailer Boots has reported a 18.7% decrease in operating income to $1.2bn (£973m) as a result of…

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Primark execs take 50% pay cut

Primark bosses have revealed that they will slash their pay in half  in light of the ongoing coronavirus crisis. George…

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Coronavirus changing UK’s shopping habits, survey reveals

A new weekly survey has revealed how UK consumers’ relationships with a range of sectors is “changing” as a result…

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