Pandemic

Sales at Boots’ retail sites drop 30%

Sales at Boots’ retail sites reportedly fell by almost 30% in the quarter up to August as consumers chose to…

Read More »

Edinburgh Woollen Mill to shut 50 stores, 600 jobs at risk

Phillip Day’s Edinburgh Woollen Mill Group (EWM) is reportedly set to shutter 50 of its stores, placing around 600 jobs…

Read More »

Uniqlo ‘will recover’ says owner Fast Retailing

Uniqlo owner Fast Retailing has announced that its profit for the fiscal year declined 49% to 90.4m yen (£663,000) down…

Read More »

AO World H1 revenues surge 57%

Online retailer AO World has reported a 57% increase in revenues for the six month period ending 30 September 2020.…

Read More »

Tesco to hire 11,000 temporary staff

Tesco is set to hire more than 11,000 temporary members of staff to assist its stores during the festive period.…

Read More »

UK unemployment rises to 4.5%

The UK unemployment rate increased to 4.5% during the three months from July to August, the highest level in over…

Read More »

New Asda owners considering £3bn George sale

The Issa brothers, the new owners of ‘Big Four’ grocer Asda, are reportedly considering a £3bn sale of its clothing…

Read More »

Edinburgh Woollen Mill Group calls in administrators

Philip Day’s EWM Group, owner of retail brands Edinburgh Woollen Mills, Peacock’s and Jaeger has announced it is to appoint…

Read More »

Retailers record best monthly in-store sales since February

High street sales in September recorded the best monthly in-store results since before Covid-19 began in February, according to new…

Read More »

Very Group revenue tops £2bn for first time

The Very Group has announced a return to profit as group revenue rose by 2.9% in the full-year to top…

Read More »