London

Sainsbury’s hikes pay of frontline staff

Sainsbury’s has announced it is increasing the pay for its frontline employees this month, and is awarding them a third…

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Russia’s Fix Price mulls London float

Fix Price, a Russian budget retailer, is reportedly set for an IPO of between £1.08bn and £1.22bn as the group…

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Footfall rises for fifth consecutive week

Footfall across UK retail destinations rose by 6.8% last week against the week before, marking the fifth consecutive week of…

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Knomo appoints UK country manager

London-based accessories retailer, Knomo has appointed Oliver Strickland as country manager for the UK. In his new role, Strickland will…

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Westminster Council launches Oxford Street revival initiative

An “ambitious” new framework has been launched by Westminster City Council in a bid to kickstart a “reimagined” Oxford Street…

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Virgin Wines set to float £100m for next month

Virgin Wines has announced plans to float on the London Stock Exchange for around £100m. The online wine retailer is…

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Government eyes third rent moratorium extension

The government is reportedly drawing up plans to extend the current rent moratorium that bans landlords from being able to…

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Asda to donate £2m to help fund apprenticeships

Asda has announced that in celebration of National Apprenticeship Week, it will donate £2m to small businesses to help fund…

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Boohoo seeks larger London office following acquisition spree

Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases…

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Vacant units in City of London almost double amid pandemic

The number of vacant units in the City of London increased by 47% from 174 at the end of 2019…

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