Pandemic

Today’s news in brief-21/3/25

In The Style has been rescued from administration through a pre-pack sale to Alps Sourcing Limited, saving 87 jobs. The…

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London’s store closures return to pre-pandemic levels for first time

Five stores closed each day in Greater London in 2024, with four new stores opening, according to the latest data…

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New TOFS owner eyes potential CVA and store closures

Modella Capital, the owner of The Original Factory Shop (TOFS), is reportedly working with Interpath Advisory on a potential company…

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John Lewis staff miss out on bonus despite tripled profits

The John Lewis Partnership has confirmed its staff will not receive a bonus for the third year in a row,…

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John Lewis staff could miss out on bonus amid missed profit target

John Lewis employees could reportedly miss out on their staff bonus for the fourth time in the group’s history, amid…

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WHSmith’s high street exit: what it means for the retail industry

After more than 230 years as a staple of British high streets, WHSmith is considering selling off its entire high…

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Supermarket sales rise 3.6% in February

Take-home sales at the grocers rose by 3.6% over the four weeks to 23 February compared with one year ago,…

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Today’s news in brief-28/2/25

London Mayor Sadiq Khan has launched a public consultation on proposals to pedestrianise Oxford Street, aiming to transform it into…

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London Mayor launches proposal to pedestrianise Oxford Street

The Mayor of London Sadiq Khan has today (28 February) launched a public consultation on proposals to pedestrianise Oxford Street.…

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The decline of UK department stores: can they survive?

The decline of department stores in the UK has been one of the most significant shifts in the retail sector…

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