Store Estate

Lidl swings to £13.6m after tax loss

Lidl has reported losses after tax of £13.6m for the year ending in February 2020, following the group’s heavy investment…

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Sainsbury’s to axe 3,500 jobs 

Sainsbury’s has warned that 3,500 of its staff could be made redundant across its supermarket counters and Argos stores, in…

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Quiz swings to loss as online sales fall

Quiz has swung to a loss of £3.7m in the full-year ended 31 March 2020, against a profit of £0.6m…

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Superdry swings to £42m loss in full-year results

Superdry announced it has swung to a pre-tax loss of £41.8m in the full-year ended 25 April, 2020, with underlying…

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New Look seeks support from landlords as CVA deadline approaches

New Look is calling on its landlords to support a restructuring plan to reduce rent paid on retail sites, after…

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M&S trials drive-through click and collect

Marks and Spencer has announced it has partnered with Doddle to trial a new click and collect drive-through service. As…

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New Look eyes second CVA deal

Embattled fashion retailer New Look is reportedly planning to launch a second CVA that will ask its landlords to switch…

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Arcadia to cut 500 head office jobs

Arcadia has revealed it is set to cut around 500 head office roles due to the impact of the coronavirus…

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Quiz places loss-making stores into administration

Quiz has revealed it is placing the division that runs some of its loss-making stores into administration. Quiz said that…

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Poundland to reopen 36 stores across the UK

Discount chain Poundland has revealed it is set to open 36 stores across the UK next week  as it begins…

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