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Coronavirus
Covid-19: Primark to suffer £284m stock hit
Associated British Foods (ABF) has revealed that Primark will take a £284m hit in stock following store closures amid the…
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Coronavirus
DFS remains ‘confident’ as it plans equity raise
DFS has confirmed that it is in the advanced stages of negotiating an additional debt facility amid the ongoing coronavirus…
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Coronavirus
TM Lewin seeks interested buyers
TM Lewin is reportedly in talks with potential buyers in light of the ongoing effects of the global pandemic. According…
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Coronavirus
Retail sales decline at ‘worst rate on record’
Retail sales suffered the “worst decline recorded” in March, with a year-on-year total sales decline of 4.3%. The findings come…
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Coronavirus
Retail footfall freefalls 83% over Easter weekend
Footfall across UK retail bricks-and-mortar destinations was 83.1% lower than Easter weekend last year and 14.5% lower than over the…
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Coronavirus
Covid-19: Amazon seeks 75,000 new hires
Amazon announced that it is looking to hire an additional 75,000 employees across its operations in light of the ongoing…
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Coronavirus
Arcadia seeks £50m in funding
Sir Phillip Green is reportedly seeking out £50m to prop up Arcadia Group amid the ongoing coronavirus crisis. According to…
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Coronavirus
Covid-19: Morrisons partners with Deliveroo
Morrisons has announced it is partnering with Deliveroo to enable customers to order essential household items from Morrisons stores for…
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Coronavirus
Tesco: Sales rise 30%, but virus could cost nearly £1bn
Tesco has revealed that its sales rose 30% in the first few weeks of the coronavirus crisis, in light of…
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Coronavirus
Footfall nosedives by 81%
Footfall across bricks and mortar retail destinations declined by 75.1% in the week beginning 22 March, according to the latest…
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