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Supermarkets
Poundstretcher returns to profit in FY21
Discount retailer Poundstretcher has reported a swing to £30m pre-tax profits in FY21, up from losses of £49.5m the previous…
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Economy
UK shoppers buying internationally drops 14%
The proportion of UK shoppers buying internationally reportedly dropped 14% to just over one in 10 (31%) in 2021. According…
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High Street
Oxford Street to launch sustainability initiative
Oxford Street has announced the launch of a sustainability campaign on 15 September as a part of its ‘Beyond Now’…
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High Street
Drive for net zero could harm high street accessibility, says Bira
The British Independent Retailers Association (Bira) has raised concerns over the impacts that local councils’ drive to achieve net zero…
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Government
SRC recommends budget proposals to support retail recovery
The Scottish Retail Consortium (SRC) has published a number of recommendations for the 2022-2023 Scottish Government’s budget to support a…
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Supermarkets
Asda Q2 revenues top £5bn
Asda has reported a 3.1% two-year increase in revenues excluding fuel to over £5bn during its latest quarter ending 30…
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Supply Chain
Ikea faces disruption to 1,000 UK product lines
Ikea is reportedly facing issues with supplying roughly 1,000 product lines to UK customers as a result of Brexit and…
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High Street
August footfall still 18% below pre-pandemic levels, says BRC
Total UK footfall four the four week period ended 28 August 2021 remained 18% below its pre-pandemic August 2019 level.…
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People Moves
Next names Soumen Das as non-exec director
Next has announced the addition of Soumen Das to the group’s board as an independent non-executive director. Effective as of…
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Health & Beauty
Boots to launch 30 high street beauty halls
Boots has announced the launch of 30 new beauty halls across its UK sites as the group aims to expand…
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