England
This coverage focuses on retail developments, trends, and performance across England. Reporting includes store openings and closures, regional economic factors, consumer behaviour, property developments, and strategic initiatives by national and local retailers. Designed for executives and managers, it offers insights into operating successfully within England’s diverse retail landscape.
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Apr- 2020 -7 AprilSupermarkets
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 the coronavirus pandemic. The NEC in Birmingham has been selected as Tesco’s first NHS Nightingale Hospital pop-up store, which is due to open later this week. Discussions are also in…
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Mar- 2020 -30 MarchCoronavirus
Boots and Amazon boost Covid-19 testing for NHS staff
Boots and Amazon are among the retailers who have been called on by the government to help boost testing capacity for frontline NHS staff. It comes as dozens of universities, research institutes and companies across Britain are lending their testing equipment to three new hub laboratories which will be set…
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25 MarchHigh Street
New Look asks landlords for three-month rent holiday
High street fashion retailer New Look has asked its landlords for a three month rent holiday as it looks to reduce costs during the coronavirus outbreak. In a trading update, the retailer revealed a series of measures focused on preserving cash, maximising liquidity, managing working capital. The measures include: Significantly…
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23 MarchClothing & Shoes
N Brown reveals measures to mitigate ‘sudden reduction’ in demand
N Brown Group has revealed a series of measures it has undertaken to help mitigate the “significant and sudden reduction” in demand it has experienced amid the coronavirus outbreak. In a trading update this morning (23 March), the group said that trading for the first two weeks of the financial…
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19 MarchEconomy
New bank of England boss promises fresh measures to fight Covid-19
The new Bank of England boss, Andrew Bailey, has promised a fresh set of measures to help fight the economic “emergency” faced due to the coronavirus outbreak. Bailey, who has only been in the position for three days after taking over from former Bank Of England chief Mark Carney, told…
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16 MarchAdvice
What will the spread of coronavirus mean for businesses?
The serious health concerns brought about by the coronavirus outbreak (officially Covid-19) have been well documented, as nations impose travel restrictions and enter quarantine to tackle the spread. The UK Government recently confirmed that sick employees will receive statutory sick pay from the first day off work, not the fourth,…
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11 MarchHigh Street
Debenhams CVA now free from legal challenges
Embattled department store chain Debenhams has announced that its CVA proposals will be upheld, as the time period for any appeal to be lodged has now expired. The company confirmed that all relevant procedural matters dealt with at the CVA challenge hearing in February have been concluded “in its favour”.…
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11 MarchEconomy
Bank of England cuts interest rates to help combat coronavirus impact
The Bank of England has cut UK interest rates back down to the lowest level in history to help mitigate the impact of the coronavirus outbreak on the economy. The governor of the Bank of England, Mark Carney, announced the 50 basis point (0.5 percentage point) reduction, from 0.75% to…
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9 MarchHigh Street
18,000 retail jobs lost in last two months
Almost 18,248 retail jobs have been lost in the past two months, with 1,211 shops also shuttered since the turn of the decade, according to the Centre for Retail Research (CRR). The research firm said retail premises in England are also set be “denied” a further £100m in tax reductions…
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3 MarchBusiness Bites
Coronavirus is stepping up a gear – this could be serious
When I started this column back in December I did not anticipate a single subject would dominate it so much, but as I wrote last week it would be silly not to address the latest coronavirus circumstances given that each new development so far has had a profound impact on…
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