Search Results for: retail sales

Supermarkets

Alessandro CarraraThursday, 9 April 2020, 10:42

Tesco defends £635m dividend payout

‘Big Four’ grocer Tesco has defended its £635m dividend payout to shareholders, despite it receiving a £585m tax break. Last…
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Clothing & Shoes

Lewis CatchpoleThursday, 9 April 2020, 9:21

H&M signs new £859m credit facility to strengthen liquidity amid Covid-19

Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to…
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Economy

Alessandro CarraraMonday, 6 April 2020, 10:35

Consumer confidences slumps to lowest level since records began

Gfk’s long-running Consumer Confidence Index has decreased drastically by 25 points between the first two and last two weeks of…
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High Street

Alessandro CarraraWednesday, 1 April 2020, 11:02

JD Sports to withhold quarterly rent amid Covid-19 lockdown

Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…
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High Street

Jasdip SensiTuesday, 31 March 2020, 8:29

Poundland to temporarily close 32 UK stores amid Covid-19 outbreak

Discount retailer Poundland has announced the temporary closure of 32 of its stores amid the Covid-19 virus outbreak, resulting in…
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Advice

Lewis CatchpoleMonday, 30 March 2020, 9:50

Covid 19: The future health of the high street

The health of the high street is up for debate now more than ever. If retailers were struggling before coronavirus…
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High Street

Alessandro CarraraThursday, 26 March 2020, 12:19

Primark to withhold £33m rent on closed stores

Primark has revealed it is withholding its quarterly rent on closed stores, in a bid to negotiate a deal with…
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Supermarkets

Alessandro CarraraWednesday, 25 March 2020, 10:26

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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Comment

Lewis CatchpoleMonday, 23 March 2020, 12:03

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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Clothing & Shoes

Jasdip SensiWednesday, 18 March 2020, 10:06

Superdry to miss 2020 targets amid coronavirus outbreak

Embattled clothing retailer Superdry has said it expects its online sales to decline and to miss its 2020 targets amid…
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