Job Losses

Mothercare sales plunge 11.4% during third quarter

Embattled retailer Mothercare has reported an 11.4% drop in UK like-for-like sales in its Q3 trade update, which covered the…

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Mothercare revenues down 13% in half-year results

Mothercare’s half year results for the 28 week period to 6 October 2018 saw revenues drop by 13% to £295m.…

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Preparing retail for what’s to come right up to and beyond Brexit

Next, one of the biggest British retail names, recently reported ‘better-than-expected’ quarterly results but raised a red flag on Brexit-related…

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Mothercare culls 200 head office jobs

Mothercare has axed around 200 staff from its head office in an attempt to cut costs and save up to…

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Sports Direct to rescue Evans Cycles with half of its stores to shutter

Sports Direct is to rescue Evans Cycles after it fell into administration on 7 September, with owner Mike Ashley saying…

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Consumer spending in September dips amid ‘summer hangover’

UK retail sales decreased by 0.2% on a like-for-like compared with September 2017, when it had increased 1.9% from the…

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Ten retailers defying high street blues in 2018

This year will likely go down in history as a turning point for high street retail in the UK, with…

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Business rates could be changed to help retailers, says Greg Clark

Secretary of state for business Greg Clark has admitted that business rates could be changed in order to help high…

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How Wesfarmers’ takeover strategy almost sent Homebase ‘down under’

There are few home comforts for Homebase right now. The DIY chain confirmed on August 31 that it will close…

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Retail sales growth slows during August

UK retail sales growth continued to slow during August as the summer boost comes to an end, according to figures…

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