Pandemic

UK GDP rebounds 1.3% in Q4 FY21

The UK’ gross domestic product (GDP) is estimated to have increased by 1.3% in the fourth quarter (Q4) of 2021…

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High street footfall continues to lag behind pre-pandemic levels

Footfall levels remain 23% below pre-pandemic levels in February 2022 as rising costs are reportedly set to “batter” retailers from…

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From Vestiaire to Vinted: Why retailers must join the resale revolution

The resale market is booming – growing 11 times faster in fact than the wider retail fashion sector, and predicted…

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Asda profits surge 42% as Covid disruption eases

Asda has reported its operating profits increased 42% year-on-year from £486.5m to £693.1m in FY21 following a reduction in Covid-related…

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CyberJammies wakes up to dream solution from Brightpearl

Key facts TREBLED revenue Live in JUST 120 days 5-star customer service  Britain’s fastest growing fashion brand, and 11th overall…

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Currys introduces hybrid working policy with new WeWork partnership

Currys has launched a new hybrid working model for all corporate and commercial employees in the UK after signing a…

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Retail Trust launches anti-harassment initiative

The Retail Trust has partnered with law firm Foot Anstey’s retail and consumer team on a new initiative to support…

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Lidl to create over 1,200 warehouse jobs by 2025

Lidl GB has announced that it will be creating more than 1,200 new warehouse jobs by the end of 2025…

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High streets face £3bn rates rise on 1 April

Retail, leisure and hospitality businesses in England are facing a “dangerous cost of doing business crisis”, according to real estate…

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Threads Styling secures $12m to further expand e-commerce offering

Threads Styling, the luxury chat-based shopping platform, has announced it has raised a $12m (£9m) fundraising round led by Highland…

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