Retail News
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Jun- 2022 -30 JuneSupermarkets
Poundland to expands £1 range in response to inflation
Poundland has confirmed its intentions to reset 850-plus stores and expand the products it sells for £1 in response to…
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Sep- 2021 -22 SeptemberNews
Fenwick losses widen to £112m
Department store chain, Fenwick, has revealed its losses have widened to £112m for the 52-week period ending 29 January 2021.…
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Dec- 2020 -15 DecemberNews
Asda paid Walmart £1.1bn dividend before sale, accounts reveal
Asda paid an intercompany cash dividend of £1.15bn to former parent company Walmart in March this year, despite profits being…
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Nov- 2020 -23 NovemberNews
The Very Group names former BBC tech director as CIO
Online retailer The Very Group has named Matt Grest as chief information officer (CIO), with his role set to come…
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20 NovemberNews
M&S to keep stores open until midnight
Marks and Spencers has announced it is keeping its stores open until midnight over the Christmas period to ensure shoppers…
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5 NovemberCoronavirus
Bank of England unveils £150bn covid support package
The Bank of England (BoE) has unveiled it will give the UK economy a further £150bn in crisis support and…
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4 NovemberHigh Street
Covid-19 could shutter 18,000 stores permanently, report shows
18,000 more retail stores face permanent closure in 2020 as Covid-19 restrictions continue to damage the UK highstreet. According to…
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Oct- 2020 -13 OctoberNews
UK Flooring Direct continues ‘rapid’ expansion
UK Flooring Direct has opened a new warehouse and offices following the continued positive performance of the business throughout lockdown. …
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2 OctoberClothing & Shoes
Clarks pension trustees call in advisers
Pension trustees at shoe retailer Clarks have reportedly drafted in advisors as they seek to secure additional finance for the…
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Sep- 2020 -10 SeptemberCoronavirus
Government launches new ‘bounce back’ plan for retailers
A new series of measures has been announced by the UK Government to support businesses in the consumer and retail…
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