Harrods
This coverage examines Harrods’ role and performance within the UK retail sector, focusing on its luxury positioning, store operations, and strategic initiatives. Explore reporting on flagship store developments, seasonal campaigns, brand partnerships, executive changes, and financial performance — all with an emphasis on commercial impact and relevance to professionals managing retail operations, brand strategy, and high-end customer experiences.
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Mar- 2020 -23 MarchEconomy
FCA asks companies to delay preliminary financial accounts
The Financial Conduct Authority (FCA) has requested companies which were due to issue its preliminary trading updates in the next few days to delay publication, amid the ongoing disruptions caused by the outbreak of the coronavirus. The FCA urged all listed companies to observe a moratorium on the publication of…
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20 MarchDepartment Stores
Harrods to close amid coronavirus chaos
World-famous department store Harrods is to close its doors this evening (23 March) due to the coronavirus pandemic. It said the welfare of its community of colleagues, customers and partners has been its “absolute priority throughout this time of uncertainty”. As a result, it has made the “very difficult decision”…
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20 MarchClothing & Shoes
TK Maxx closes UK stores amid Covid-19 virus outbreak
Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the recent outbreak of coronavirus. TK Maxx has announced all stores in the United States, Canada, Europe and Australia have will close for two weeks. The company has also announced it…
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Feb- 2020 -24 FebruaryDepartment Stores
Harrods security guards’ strike suspended after renewed talks
Strike action by security officers and CCTV operators at department store Harrods has been suspended following renewed talks with the company, Unite revealed on 21 February. The union is recommending members accept a new pay offer tabled by Harrods, which the union said was reached following “constructive negotiations and hard…
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14 FebruaryHigh Street
Frasers Group backs BRC’s calls for government review of business taxes
Frasers Group has backed the campaign by the British Retail Consortium (BRC) and 52 other retailers calling for the government to take urgent action on business rates. In a letter to now former chancellor Sajid Javid, which was signed by retailers including Debenhams, Harrods, John Lewis, Marks and Spencer, Primark…
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12 FebruaryDepartment Stores
Harrods security guards agree to five days of strike actions
Harrods security guards have announced a five-day strike action starting later this month in a dispute over pay. Security guards and CCTV operators at the department store, who are part of Unite the Union, voted 97% in favour of a strike action last month, after stating that they are being…
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Jan- 2020 -15 JanuaryHigh Street
22,000 retail jobs lost in 2019 due to administrations
Almost 22,000 retail jobs were lost in 2019, according to new data from specialist finance broker firm ABC Finance. Some 1147 retail premises closed during the year, with the firm explaining that the most common causes for these closures included rising overheads such as rent on retail units, as well…
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Dec- 2019 -20 DecemberClothing & Shoes
Fiona Firth appointed managing director of Net-a-Porter menswear
Fiona Firth has been appointed as managing director of Mr Porter, the menswear arm of online fashion retailer Net-a-Porter. Firth was buying director of the division since April 2016, where she delivered “exceptional campaigns that have redefined the luxury menswear e-commerce experience”. During her tenure, she has helped launch exclusive…
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Sep- 2019 -23 SeptemberHigh Street
Bailiffs visit 310 premises a day over business rates, study finds
Councils across England are sending bailiffs to 310 companies a day over business rates arrears, new figures show. The investigation by the real estate adviser Altus Group revealed that, during the last financial year, for 2018/19, over 78,000 non-domestic properties from shops to restaurants to pubs to factories to offices…
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Aug- 2019 -13 AugustFeatures
Mike Ashley’s high street monopoly
Over the past two years retail tycoon Mike Ashley has been treating the UK high street as his very own personal Monopoly board. However instead of desires to develop houses and hotels on his newly acquired property, Ashley has the grander vision of ‘saving the UK high street’ and turning…
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