Search Results for: Covid-19
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Clothing & Shoes
River Island shuts distribution centre
River Island has announced the temporary closure of its distribution centre in light of the ongoing coronavirus pandemic. The fashion…
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Clothing & Shoes
Quiz expects March results ‘materially’ below board expectations
Fashion retailer Quiz has warned that its March revenues and margins are expected to be “materially low” compared with the…
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Coronavirus
Intu receives only third of rent
Intu revealed that it has received only 29% of its second quarter rent that was due from tenants on 25…
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Comment
Preventing inevitable recession from becoming depression
The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…
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Coronavirus
Ebay and Amazon failing to prevent profiteering, says Which
Ebay and Amazon are failing to crack down on profiteering amid the coronavirus pandemic, according to Which. An investigation led…
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Supermarkets
UK shoppers spent an additional £467m on groceries in March
Grocery sales at UK supermarkets during the week ending 14 March increased by over 22% compared with the same period…
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Coronavirus
Halfords forecast 25% sales slump
Halfords has warned that sales will “drop sharply” in light of the coronavirus outbreak, with a forecasted sales decline of…
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Shopping Centres
Westfield Stratford announces temporary closure amid coronavirus outbreak
Shopping centre Westfield Stratford City has announced it is “substantially closed” amid the outbreak of the Covid-19 outbreak. The shopping…
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High Street
Laura Ashley slashes 721 roles as 70 stores shutter
Embattled retailer Laura Ashley has shuttered 70 of its stores leaving almost 721 people out of work, administrator PWC has…
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Comment
Coronavirus: Lessons learnt from a multinational company operating in China
As the coronavirus crisis deepens, here are some insights from the CEO of supply chain planning software vendor, FuturMaster, on…
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