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Online & Digital
Sky set to open first retail stores
Sky has announced it is launching its first ever bricks-and-mortar retail shops across the UK, in a bid to “bring…
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Coronavirus
Retailers pay £1.1bn to accept customer payments
The cost to retailers of accepting payments reached £1.1bn in 2019, of which £950m was from card payments. It comes…
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Coronavirus
Footfall continues decline following tiered restrictions
Footfall fell by 3.1% across all retail destinations last week from the week before, following tiered restrictions being introduced across…
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Property
Landsec to dispose of retail parks
Landsec has unveiled its plans to dispose of its retail parks where there is “little or no competitive advantage”, in…
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Clothing & Shoes
Edinburgh Woollen Mill Group calls in administrators
Philip Day’s EWM Group, owner of retail brands Edinburgh Woollen Mills, Peacock’s and Jaeger has announced it is to appoint…
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Property
British Land welcomes ‘encouraging’ rent collections in latest quarter
British Land has welcomed “encouraging” rent collection since lockdown, with 69% of rent collections received on its September quarter day.…
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Online & Digital
Very Group revenue tops £2bn for first time
The Very Group has announced a return to profit as group revenue rose by 2.9% in the full-year to top…
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Supermarkets
Tesco profits soar despite coronavirus hit
Tesco has welcomed a surge in profits, with pre-tax profit soaring by 28.7% to £551m in the first-half of its…
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Luxury Goods
Watches of Switzerland raises guidance as sales surge
Watches of Switzerland has announced that revenue for the first 10 weeks of Q2 has been “stronger than expected” at…
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Clothing & Shoes
Mulberry swings to full-year loss
Mulberry has announced that group revenue fell by 10% to £149.3m in the full-year ended 28 March 2020, in light…
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