Pandemic
-
May- 2021 -20 MayDIY
Kingfisher raises guidance as Q1 sales soar 60%
Kingfisher has increased its profit forecast for the year after total sales for the first quarter of 2021 came to…
Read More » -
19 MayAnalysis
The Great Covid Experiment – Is the Pure-play Retailer Dead?
A year of enforced change in buying habits where pretty much everything went online is set to revert to “the…
Read More » -
19 MayEconomy
UK inflation rate doubles for April
The UK’s annual inflation rate has more than doubled in April 2021, according to recent figures from the Office for…
Read More » -
18 MayClothing & Shoes
Shoe Zone reports £2.6m loss as revenues fall 40%
Shoe retailer Shoe Zone has reported a loss before tax of £2.6m for the six month period ending 3 April.…
Read More » -
18 MayCoronavirus
Landsec swings to £1.39bn loss amid pandemic
Land Securities has fallen to a pre-tax loss of £1.39bn in the full-year ended 31 March, 2021, in results that…
Read More » -
18 MayAdvice
Why retailers must invest beyond the buy button
Over the past 12 months, retailers have turbocharged their shift to digital. A recent survey by KPMG showed that 67%…
Read More » -
18 MayShopping Centres
Westfield owner confirms €1.25bn bond placement
Unibail-Rodamco-Westfield, the owner of Westfield shopping centres, has announced a successful €1.25bn (£1.07bn) bond placement. The two-tranche senior bond offering…
Read More » -
17 MayDepartment Stores
Debenhams’ remaining stores close for final time
Debenhams shuttered its last remaining stores over the weekend, ending its 243-year stint on the UK high street. According to…
Read More » -
17 MayCoronavirus
UK to spend £2.5bn this week as restrictions ease
The UK is set to collectively spend £2.5bn this week as indoor hospitality reopens and restrictions further ease, giving a…
Read More » -
14 MayAnalysis
The return to the high street: friend or foe?
With our clocks adjusted to British Summer Time and Government guidelines easing off shopping restrictions for non-essential shopping, the return…
Read More »