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Coronavirus
Harrods to cut 700 jobs
Luxury department store Harrods is set to cut around 700 jobs as it attempts to weather the storm caused by…
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News
B&M reports ‘strong’ performance as revenue rises over 25%
Budget retailer B&M has reported a “strong” start to the financial year as it saw a 27.7% increase in group…
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Coronavirus
Government confirms changes to ‘flexible’ furlough scheme
The UK government has confirmed the latest set of changes to its “flexible” furlough scheme – dubbed CJRS V2 –…
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Comment
What the fuel station of the future means for retailers
Cruising into a petrol station and filling up the tank is a staple of everyday life for drivers across the…
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Comment
Should I stay closed or reopen?
Since the start of lockdown, most owner managers have become used to real-time contingency planning and agile decision making. However,…
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Coronavirus
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions…
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Clothing & Shoes
TM Lewin hires restructuring firm as it eyes pre-pack deal
The new owner of TM Lewin has reportedly called in a restructuring firm as it considers a pre-pack administration deal…
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Coronavirus
Intu admits appointment of administrators ‘likely’
Shopping centre owner Intu has admitted that it has so far failed in reaching standstill agreements with landlords and therefore…
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M&A
Amazon’s proposed stake in Deliveroo cleared by CMA
The Competition and Markets Authority (CMA) has provisionally cleared Amazon’s 16% investment in Deliveroo for the second time, on the…
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Comment
Is it time retailers challenged digital transformation?
I think we have all heard enough about how quickly we have adapted to working from home, the constant play…
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