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High Street
Next warns on coronavirus despite full-year sales growth
Fashion retailer Next has warned that sales could plummet in the coming weeks and months as the UK battles the…
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High Street
2,000 Mountain Warehouse jobs at risk as coronavirus impacts sales
Mountain Warehouse is considering cutting almost 2,000 jobs following a major slump in sales as a result of the coronavirus…
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High Street
ScS delays full results amid Covid-19 developments
Furniture retailer ScS has announced that gross profit is expected to increase 0.3% to £71.7m during the first half of…
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Advice
What will the spread of coronavirus mean for businesses?
The serious health concerns brought about by the coronavirus outbreak (officially Covid-19) have been well documented, as nations impose travel…
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High Street
Laura Ashley on the verge of collapse, reports reveal
Fashion retailer Laura Ashley could call in administrators by the end of March unless it receives a £15m funding lifeline…
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Economy
Government to introduce 2% digital services tax
The UK Government has confirmed plans to introduce a new 2% tax on the revenues of online marketplaces which “derive…
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High Street
Crew Clothing to acquire Moss Bros
Fashion retailer Crew Clothing is to acquire Moss Bros in a £22.6m deal to take the company private. Under the…
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High Street
Debenhams CVA now free from legal challenges
Embattled department store chain Debenhams has announced that its CVA proposals will be upheld, as the time period for any…
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High Street
Calls for ‘discretionary business rates relief’ amid Coronavirus outbreak
Colliers International has called on the UK Government to consider and to fund a system of “discretionary rate relief” for…
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High Street
18,000 retail jobs lost in last two months
Almost 18,248 retail jobs have been lost in the past two months, with 1,211 shops also shuttered since the turn…
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