Pandemic

How retailers can change the way they make decisions

How often have we heard of the demise of a retailer being linked to poor decision-making? For a long time…

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Pfizer reveals Covid-19 vaccine candidate is 90% effective

A successful Covid-19 vaccine is a step closer after Pfizer/Biontech revealed its vaccine candidate is 90% effective, according to its…

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Harrods forced to reorganise £200m credit

Harrods has been forced to reorganise its £200m credit line due to the second national lockdown causing the closure of…

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Bank of England unveils £150bn covid support package

The Bank of England (BoE) has unveiled it will give the UK economy a further £150bn in crisis support and…

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Covid-19 could shutter 18,000 stores permanently, report shows

18,000 more retail stores face permanent closure in 2020 as Covid-19 restrictions continue to damage the UK highstreet.  According to…

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Frasers Group increases stake in Mulberry to 29.7%

Frasers Group has more than doubled its stake in Mulberry, the luxury fashion company, from 12.5% to 29.7%. Mike Ashley’s…

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ABF profit slumps as Primark hit by £2bn loss

Associated British Foods, the parent company of Primark, has announced that statutory operating profit tumbled 40% to £810m in the…

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Laura Ashley returns to high street with Next partnership

Laura Ashley is set to return to the UK high street next year with a new partnership with Next, which…

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Christmas footfall predicted to drop by 62%

Christmas footfall over the six weeks from Sunday 22 November to Saturday 26 December across all UK retail destinations will…

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LVMH agrees to reduced Tiffany deal

LVMH has agreed to go through with its acquisition of Tiffany & Co following a lengthy legal battle, albeit for…

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