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Economy
Consumer confidence drops in Q3 amid continued Brexit uncertainty
The Deloitte consumer confidence index fell to -9% in Q3 2019, one point lower than in the previous quarter and…
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Shopping Centres
Sports Direct acquires Brookfield Shopping Park for £25m
Sports Direct has acquired Brookfield Shopping Park, a 93,000 sq ft Shopping Park in Cheshunt, Hertfordshire for £25.4m. According to…
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People Moves
Matalan strike suspended after bosses offer new pay deal
A long-running Matalan strike has been called off after bosses made GMB members a new pay offer. More than 500…
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Clothing & Shoes
M&S to open 60,000 sq ft store in Nottingham near year
Marks and Spencer will open a new 60,000 sq ft store at British Land’s Giltbrook Retail Park, Nottingham, in the…
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Economy
Retail footfall plummets as autumn begins
Footfall in non-food stores fell by 9.9% year-on-year in September, according to the Retail Traffic Index published by Ipsos Retail…
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Supermarkets
Asda denies claims that it will fire staff for not signing new contract
‘Big Four’ grocer Asda has hit back at claims that it will lay off staff for failing to sign a…
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Online & Digital
UK shoppers wasting £641m a year not returning unwanted goods
As much as £641m is being wasted each year from shoppers buying online goods they don’t want and failing to…
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High Street
Jessops owner preparing to call in administrators
Dragon’s Den star Peter Jones, owner of camera retailer Jessops, is planning to call in administrators in an attempt to…
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Economy
Retail sector could face £137m rates hike next year
September’s headline rate of inflation is set to cause more business rates increases in 2020, according to calculations from real…
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Online & Digital
Asos profits nosedive 68% in full-year results
Online fashion retailer Asos has reported a 68% decrease in profits before tax to £33.1m, during the year to 31…
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