Search Results for: Covid-19
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High Street
Ted Baker completes bank refinancing after Covid halts results
Ted Baker said it has signed an extension to its revolving credit facility (RCF) with its existing lending syndicate. Under…
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High Street
Retail sales climb 9.2% in April
Retail sales across the UK increased 9.2% in April 2021 when compared to the previous month, as the easing of…
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Economy
Consumer confidence jumps six points in May
Consumer confidence in the UK has increased by six points to -9 in May 2021, according to GfK’s Consumer Confidence…
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DIY
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…
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Clothing & 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.…
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DIY
Topps Tiles ‘confident’ despite 2.8% revenue decline
Topps Tiles is remaining “confident” after it saw revenues decline by 2.8% in the six months to 27 March, due…
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Advice
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%…
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Shopping 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…
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Shopping Centres
Via Outlets reopens entire European portfolio
Via Outlets has announced it has reopened all shopping centres in its 11-strong portfolio, with the Zweibrücken Fashion Outlet in…
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Coronavirus
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…
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