Pandemic

High street retailers ‘urgently’ need government recovery plan, says Usdaw

Shopworkers union Usdaw has urged the government to agree with employers and trade unions a recovery plan for the high…

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Harrods to cut 700 jobs

Luxury department store Harrods is set to cut around 700 jobs as it attempts to weather the storm caused by…

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John Lewis set to axe stores and jobs

Department store chain John Lewis is reportedly set to cut jobs in a bid to reduce its costs. In a…

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Harveys collapses into administration as Bensons saved

Furniture retailer Harveys has collapsed into administration after the retailer’s parent company, Blue Group, called in PwC to financially restructure…

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TM Lewin collapses into administration

TM Lewin has collapsed into administration following news that the retailer was eyeing up a pre-pack administration deal.  According to…

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What the fuel station of the future means for retailers

Cruising into a petrol station and filling up the tank is a staple of everyday life for drivers across the…

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Revised ONS data reveals greater GDP drop in Q1 2020

The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards…

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Should I stay closed or reopen?

Since the start of lockdown, most owner managers have become used to real-time contingency planning and agile decision making. However,…

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Reopening is ‘no magic bullet’ for retail, says BRC

Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions…

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H&M half-year sales slump amid Covid-19 pandemic

Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended…

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