-
High Street
Over 24,000 retail jobs lost in first half of 2020
Almost 24,348 jobs have been scrapped in the first six months of the year at large retailers which have fallen…
Read More » -
Economy
Consumer confidence increases in June
GfK’s fourth Covid-19 flash report has revealed Consumer Confidence Index increased by three points to -27 over the past two…
Read More » -
High Street
Casual Dining Group falls into administration
The owner of Bella Italia and Café Rouge, Casual Dining Group, has fallen into administration. According to a report by…
Read More » -
Online & Digital
17 million UK consumers expected to permanently shop online post-Covid-19
Some 17.2 million British consumers plan to make permanent changes to the way they shop, as perceived risks of contracting…
Read More » -
High Street
Harveys collapses into administration as Bensons saved
Furniture retailer Harveys has collapsed into administration after the retailer’s parent company, Blue Group, called in PwC to financially restructure…
Read More » -
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…
Read More » -
Coronavirus
H&M half-year sales slump amid Covid-19 pandemic
Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended…
Read More » -
Economy
Just 13.8% of retail rent collected on June quarter day
Landlords received just 13.8% of rent owed by the UK retailers on this quarter’s rent date, compared with the 19.8%…
Read More » -
High Street
UK footfall jumps 45% during first week of retail trading
Footfall across all UK retail destinations rose by 45% during the first week of non-essential retail reopening (15 June) compared…
Read More » -
High Street
Convenience store sales outpace growth of overall grocery market in June
Sales at UK convenience stores grew by almost a fifth (17%) in the last four weeks ending 13 June 2020,…
Read More »
