Search Results for: Covid-19
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Economy
Revised ONS data reveals greater GDP drop in Q1 2020
The UK’s gross domestic product (GDP) in volume terms fell by 2.2% in Q1 2020, which has been revised downwards…
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Tips
The New Normal in Retail: The State of Shopping After Lockdown
The retail sector in the country gears up for reopening as COVID-19 lockdown restrictions are starting to get lifted. However,…
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News
Tesco sales soar as online business booms
Tesco saw sales surge in the first quarter of trading, with like-for-like sales up 8.2% despite the pandemic and nationwide…
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Clothing & Shoes
N Brown profits slump amid year of transition
N Brown has announced that its profits before tax plunged 28.8% to £59.5m in the year ended 29 February 2020. …
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Amazon launches small business accelerator to support over 200,000 small retailers
Amazon and Enterprise Nation, the small business support network, have launched the ‘Amazon Small Business Accelerator’, a major support package…
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Coronavirus
Naked Wines reports £200m revenues in FY results
Naked Wines has reported a 14% increase in revenues to £203m for the full-year period ended 30 March, up from…
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Coronavirus
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of…
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Clothing & Shoes
JD Sports in talks to appoint administrators for Go Outdoors
Sports fashion retailer JD Sports is reportedly lined up to bring in administrators for its Go Outdoors business. In a…
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Comment
The perfect storm?
There is something of a ‘perfect storm’ for our town centres… Fewer shops trading than a few months ago, big…
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High Street
Mothercare seeks new lenders amid franchising plans
Mothercare has confirmed it remains “on track” to become a “profitable” international franchise operation, with plans to operate in around…
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