Office

Retail sales see ‘modest’ growth in August

Retail sales grew by a “modest” 2.9% in August compared with the same month last year, according to the Office…

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Over 50 retailers sign letter demanding business rates fix

Over fifty major retailers have come together to demand the government takes action to fix the “broken” business rates system.…

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Microsoft reports Q4 revenues of £26bn despite gaming slump

Microsoft has revealed its total revenues for the fourth quarter jumped 12% to $33.7bn (£26.7bn), despite struggles at its gaming…

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Office appoints advisers amid CVA rumours

Footwear retailer Office has appointed advisers as it considers a potential restructuring of the business. According to Sky News, Office…

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Businesses rates to better reflect property value under new law

Business rates payers in England will have bills that more accurately reflect current property values under new legislation introduced by…

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Disrupting physical: Who needs a store?

Only a few months ago, I was discussing the longevity of the high street with an e-commerce director at a…

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Mothercare swings to £87.3m loss in 2018

Mothercare has reported losses before tax of £87.3m for the year ending 30 March 2019. UK like-for-like sales declined by…

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Kuwait-based investors acquire 50% stake of Intu Derby

Intu properties and Cale Street Investments LP, an investment firm backed by the Kuwait Investment Office, London, have announced the…

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Office Outlet falls into administration

Stationery retailer, Office Outlet, has entered administration putting 1,200 jobs at risk at the retailer formerly known as Staples. The…

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Business rates appeals drop under ‘complicated’ system

Businesses are struggling with the new ‘check challenge appeal’ (CCA) business rates appeals system, according to rating experts at Colliers…

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