Pandemic

UK shop vacancy rate increases to 13.2% in Q3

Shops in the UK are continuing to shutter, with the average shop vacancy rate increasing to 13.2% in the third…

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Shoe Zone to close fifth of stores over next two years

Shoe Zone has announced it expects to close a further 90 stores in the next 18 to 24 months, attributing…

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Hornby returns to profit as revenue surges 33%

Hornby has made a return to profitability in the first half of its financial year. The hobby products company, specialising…

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Next Q3 sales fall 17%

Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…

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Notonthehighstreet mulls £200m sale

Notonthehighstreet is reportedly eyeing a £200m sale after its revenues “surged” during the coronavirus pandemic, according to Sky News. The…

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How temporary workers could make the difference to Covid-19 workforce planning

Today, on average just one in six firms (15%) rely on a flexible workforce; with 1.5 million temporary employees working…

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EWM begins shuttering small number of stores

The Edinburgh Woollen Mill Group (EWM) has reportedly already marked a small number of stores for closure as it continues…

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Quiz swings to loss as online sales fall

Quiz has swung to a loss of £3.7m in the full-year ended 31 March 2020, against a profit of £0.6m…

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Unilever Q3 sales up 4.4%

Unilever has announced underlying sales growth of 4.4% for Q3 despite the impact of Covid-19. Turnover for Q3 fell 1.3%…

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Mike Ashley considers Jaeger bid

Mike Ashley’s Frasers Group is reportedly considering the acquisition of “heritage” fashion brands Jaeger, Austin Reed and Jacques Vert from…

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