Pandemic

Retail sales rise for second month in a row

Total sales increased by 3.2% in July, against an increase of 0.5% in July 2019, marking the second consecutive month…

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Baird Group launches CVA proposal

Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…

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WH Smith seeks rent cuts

WH Smith is reportedly seeking rent cuts from its landlords as it looks to cut costs. According to The Sunday…

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Superdry secures funding as sales fall

Superdry has secured a new £70m lending facility in a bid to equip it with “flexibility and liquidity” following the…

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What Is Amazon Fresh and how will It affect UK supermarkets

Certain sectors of the online retail industry are currently experiencing rapid growth, particularly because of the convenience and safety that…

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Naked Wine hails ‘strong’ sales performance

Naked Wines has announced it is continuing to “trade strongly” despite the crisis, with total July sales expected to be…

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McColls reports H1 sales rise as Covid drives demand

Convenience chain retailer McColls has reported an 8.3% increase in sales for the first half of the financial year after…

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Hammerson seeks £825m to ride pandemic

Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…

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July footfall bolstered by hospitality reopening

Footfall in retail destinations across the UK was down by 39.4% in July, according to the latest figures from Springboard.…

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Joules swings to £2m loss in full-year results

Joules has announced that it swung to a pre-tax loss of £2m in its full-year of trading, down from the…

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