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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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Coronavirus
Shoppers remain cautious amid lockdown easing, says Springboard
Footfall across bricks and mortar destinations increased by 3.3% between 11 May and 16 May, marking a “cautious” return of…
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Tips
Transparency in fashion – What it is and whether it’ll survive the Covid-19 pandemic
With the Coronavirus (COVID-19) pandemic keeping shoppers at home, clothing sales are plummeting faster than ever before. How the fashion…
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Clothing & Shoes
Boohoo secures £200m through share placing
Boohoo confirmed it has successfully raised almost £200m in funding following the placing of 58 million shares. The online retailer…
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Coronavirus
WH Smith sales plunge 85% amid lockdown
WH Smith has revealed that group total revenue plunged 85% in April in light of the ongoing pandemic. Following the…
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Coronavirus
Sharpest decline on record as sales fall amid lockdown
Total retail sales tumbled by 19.1% in the four weeks ended 2 May, according to the latest BRC-KPMG Retail Sales…
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