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Tips
How fashion retailers can offset losses amid the pandemic
Fashion retailers are among the most affected businesses during the coronavirus outbreak. Because the pandemic restricts outside movement significantly and…
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Coronavirus
B&M sales surge amid lockdown
B&M has revealed it enjoyed a “strong” end to its fourth quarter trading, with like-for-like revenues up 6.6% in the…
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Clothing & Shoes
Boohoo buys out Pretty Little Thing
Boohoo has announced the acquisition of the remaining 34% of shares in Pretty Little Thing (PLT) from minority shareholders, in…
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High Street
Bank Holiday footfall surges 50% as lockdown eased
High street footfall surged 49% over bank holiday Monday against Easter Monday, according to the latest figures from Springboard. Footfall…
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ScS resumes operations amid Covid-19 lockdown
ScS has announced the reopening of 80 stores across England, after temporarily closing operations on 23 March in line with…
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Coronavirus
Retail sees record slump in April
Retail sales slumped by a record 18.1% in April, according to the latest data from the Office of National Statistics…
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High Street
Pets at Home sales top £1bn for the first time
Total annual revenue at Pets at Home exceeded £1bn for the first time in its history, increasing 10.2% to £1,058.8m…
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High Street
Matalan founder sues PwC over ‘misguided’ tax advice
PwC is reportedly being sued by the founder of Matalan over “misguided” tax advice. John Hargreaves, who set up the…
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News
Marks and Spencer profits tumble in full-year results
Marks and Spencer has announced that profit before tax tumbled 20.2% to £67.2m in the full-year ended 28 March 2020. …
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Coronavirus
French Connection seeks urgent funding
French Connection has revealed it is in “active discussions” with potential funding partners in order to seek emergency cash as…
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