Coronavirus

Card Factory swings to £16.4m loss in 2020

Card Factory has reported a pre-tax loss of £16.4m for the full-year ending 31 January 2021, down from £65.2m profit…

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RSM retail head calls for ‘more flexible furlough scheme’

Jacqui Baker, head of retail at RSM, has called for a more “flexible furlough scheme” to allow retailers to “manage…

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Consumer spending up 7.6% in May

Consumer spending rose by 7.6% in May compared to the same period in 2019, the highest level of growth since…

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Watches of Switzerland anticipates profits of £104m

Watches of Switzerland has expected its FY21 pre-tax profits to range between £104m and £107m following a “very robust performance”…

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Card Factory completes £225m refinancing

Card Factory has announced it has completed a £225m refinancing with its current banking syndicate. The news follows the retailer’s…

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PM announces new £1bn trade agreement with India

Prime minister Boris Johnson has announced a new £1bn trade agreement with India which will create more than 6,500 UK…

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Retail sales continue recovery in March

Retail sales volumes continued to witness recovery in March, with an increase of 5.4% against the previous month, according to…

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Search begins to find the UK’s fastest growing online retailers

One of the world’s leading Digital Operations Platforms has launched its search for the inaugural ‘Lightning 50’, a league table…

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