Pandemic
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Mar- 2021 -24 MarchHigh Street
Tui to close 48 high street sites
Tui, the travel operator, has announced that it is closing 48 of its UK high street sites, impacting 273 jobs…
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24 MarchCoronavirus
Over 11,000 high street shops shut in 2020, study finds
Over 11,000 stores closed on UK high streets last year and another 18,000 could follow in 2021, according to the…
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24 MarchDIY
Wickes demerger to commence following FCA approval
Travis Perkins has “marked the next milestone” in the demerger of Wickes from the group after submitting a proposal of…
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24 MarchCoronavirus
Local shops and online groceries see lockdown retail boom
Online shopping and local retailers have benefited from shifting consumer behaviour during the pandemic, according to new research by Barclaycard…
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23 MarchSupermarkets
McColls profit dips in FY20 despite rising convenience demand
McColls has announced that its profit for the year ended 29 November 2020 slipped by 4.7% to £300.9m, despite noting…
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23 MarchHigh Street
Terrys revenue soars 109% YOY
Terrys has reported an overall revenue increase of 109%, to an undisclosed amount, over the last year after seeing a…
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22 MarchAnalysis
Amazon Fresh and the rise of automation in retail
Years ago when someone walked into a shop and emerged without paying, it usually resulted in an arrest and a…
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22 MarchEconomy
Sunak delays debate for online sales tax until autumn
Chancellor Rishi Sunak will reportedly wait until autumn before deciding whether or not to impose a UK online sales tax…
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22 MarchDIY
Kingfisher full-year profits soar amid DIY boom
Kingfisher has announced that pre-tax profit soared by 44.4% to £786m in the year ended 31 January 2021, following a…
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22 MarchSupermarkets
Iceland spends £150m on deals despite pocketing £40m Covid relief
Iceland’s owners have taken and spent £150m from the supermarket chain since the beginning of the pandemic, despite refusing to…
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