Pandemic

Retail hiring falls 20%

Hiring in the UK’s retail sector was down 19.7% in October compared to the same month last year, according to…

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Arcadia brings forward pension fund payment

The owner of Arcadia, Lady Christina Green, is set to bring forward a payment of £50m that will go into…

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Tesco to repay £585m rates relief

Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The…

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Debenhams to be wound down, 12,000 jobs at risk

Embattled department store chain Debenhams is to be wound down, placing 12,000 jobs at risk, after talks with JD Sports…

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Arcadia Collapse: What went wrong?

Once a titan of UK retail, the collapse of Arcadia 10 years ago would have come as a shock to…

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Frasers Group offers £50m to Arcadia Group

Frasers Group has confirmed that it has offered Arcadia Group a rescue loan of up to £50m, amid news that…

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Arcadia collapses into administration

Arcadia Group has collapsed into administration, placing 13,000 jobs at risk.  It comes as the retail empire, owned by Sir…

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Arcadia ‘could collapse’ next week

Sir Phillp Green’s retail empire Arcadia is reportedly on the verge of collapse, placing around 15,000 jobs at risk. According…

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M&S reverses decision to open on Boxing Day

Marks and Spencer has announced that it will now close its stores on Boxing Day, having previously said it will…

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Mulberry revenue falls 29% as lockdown hits sales

Mulberry has reported a 29% decline in revenue to £48.9m during the first half of the year, as the impact…

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