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CMA could investigate Amazon over data fears
The CMA is reportedly planning to launch a formal competition investigation into Amazon, following a similar investigation launched by the…
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Clothing & Shoes
Inditex sees Q1 sales rise 50% to over £4bn
Inditex, the owner of Zara, has announced that its sales soared by 50% to €4.9bn (£4.2bn) in the first quarter…
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High Street
Consumer spending up 7.6% in May
Consumer spending rose by 7.6% in May compared to the same period in 2019, the highest level of growth since…
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Coronavirus
Retailers urge gov to extend credit insurance scheme
Retailers across the UK are calling on the government to extend the scheme that guarantees trade credit insurance, in a…
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Coronavirus
End commercial rents stalemate, urges CBI
The CBI has urged occupiers and landlords of commercial properties to collectively take “decisive” action to address commercial rent challenges…
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Clothing & Shoes
JD Sports to sell Sports Unlimited Retail for £14m
JD Sports is set to offload one of its subsidiaries for €16.5m (£14.2m), after agreeing to the sale of Sports…
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Comment
The benefits of the Amazon model are overstated – it’s time for true disruption
It is undeniable that Covid jumped ecommerce into 2030. A 2021 report from Retail Economics and Natwest discovered that since…
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High Street
Bank holiday weather boosts UK footfall
Footfall across UK retail destinations rose by +6.7% last week against the week before, with the average uplift in activity…
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Supermarkets
Supermarket visits rise by 58 million amid vaccine rollout
UK shoppers made 58 million more visits to the supermarket in the most recent four weeks than they did in…
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High Street
Mothercare sales plunge 40% in FY21
Mothercare has revealed that sales in its unaudited full-year results are set to plunge 40% to £326m, reflecting the impact…
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