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Shopping Centres
Hammerson seeks £825m to ride pandemic
Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…
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Coronavirus
River Island considering CVA as Covid-19 hits sales
Fashion retailer River Island is reportedly considering a CVA proposal as it attempts to weather the coronavirus pandemic. According to…
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Coronavirus
Apple seeking 50% rent cuts despite positive Covid performance
Tech giant Apple is reportedly seeking rent reductions of up to 50% from landlords despite seeing sales actually increase during…
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Tips
What to know about business interruption insurance claim
With the current healthcare pandemic affecting all retail businesses across the UK, it’s clear that times like these are especially…
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Online & Digital
Amazon profits double despite Covid-19 impact
Amazon has reported a massive surge in profits for the second quarter of the year as it revealed that net…
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Entertainment
Game sells Belong arenas to Vindex in $50m deal
Mike Ashley’s Game Digital has revealed it is set to sell its Beyond Esports gaming arenas to US-based start-up Vindex…
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DIY
Travis Perkins reports 20% HY sales decline
DIY retailer Travis Perkins has revealed that like-for-like half-year sales declined by 20% across the group due to the impact…
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Coronavirus Featured Content
Automation: How it helps retailers cut costs and remain agile
Retail operations are more expensive to run in a post-Covid world due to the extra demands of cleaning throughout the…
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Department Stores
Harrods boss warns tourists may not return until 2022
The managing director of the iconic department store Harrods has warned that US and Asian tourists may not return until…
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Clothing & Shoes
Arcadia on verge of launching restructuring process
Arcadia is reportedly set to launch a restructuring process just a year after it pushed from a CVA proposal, as…
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