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Economy
N Brown reveals H1 recovery on back of homeware demand
The N Brown group has posted a “recovery” in H1 sales following an increased demand for homeware. N Brown said…
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Economy
ScS posts full year loss despite post-lockdown boost
ScS has revealed it made a statutory loss of £3.1m before tax in the preliminary results for the year ending…
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High Street
New restrictions see high street footfall drop 6.6%
The government’s new restrictions seemingly took its toll on the high street last week with high street footfall falling by…
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Economy
£3bn tariff ahead for UK retailers and consumers, warns BRC
Supermarkets and their customers could face £3bn a year of tariffs on food and drink if a free trade deal…
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Coronavirus
Thousands of ‘traditional’ retail jobs in danger, says Next boss
Next boss Simon Wolfson warned that thousands of “traditional” retail jobs are now in danger under the chancellor’s new “viability”…
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Clothing & Shoes
Hong Kong’s Lion Rock joins race for Clarks
A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie…
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Coronavirus
Chancellor unveils new Job Support Scheme
The chancellor has today announced a new Jobs Support Scheme that will see the government “directly support” the wages of…
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Economy
DFS posts full year loss in preliminary results
Sofa retailer DFS has reported losses before tax of £56.8m, in the group’s preliminary results for FY20. For the FY…
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Coronavirus
Chancellor set to unveil furlough replacement after Budget cancellation
Chancellor Rishi Sunak has cancelled this year’s Budget but is set to unveil new measures aimed at protecting employment and…
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Supermarkets
Waitrose to remove shrinkwrap plastic from all tinned goods
Waitrose has begun the total removal of shrinkwrap plastic from its own-label tinned grocery products in a bid to axe…
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