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News
Frasers Group to cut bosses’ salary to £40k amid April pay pledge
Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…
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Clothing & Shoes
Laura Ashley administrators axe 268 staff, 1669 furloughed
The joint administrators appointed to Laura Ashley revealed they have made 268 members of staff redundant and have furloughed a…
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Online & Digital
Online sales see mixed result during first week of lockdown
During the first week of the new pandemic guidelines, online retail sales growth was down -2.2% year-on-year (YoY), according to…
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Coronavirus
Government relaxes insolvency rules
The government has announced a set of changes to help improve the insolvency system to enable companies undergoing restructuring to…
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Advice
Covid 19: The future health of the high street
The health of the high street is up for debate now more than ever. If retailers were struggling before coronavirus…
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Shopping Centres
Hammerson suspends dividend after collecting just 37% of Q2 rent
Shopping centre owner Hammerson has revealed it collected only 37% of its Q2 rent bill and has suspended its dividend…
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Coronavirus Featured Content
Brighthouse set to call in administrators
Rent-to-own home furnishings brand Brighthouse is reportedly set to call in administrators, placing around 2,400 jobs at risk. According to…
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Comment
Social shopping is all the rage – but at what cost for retailers?
In recent years, social commerce has become a lucrative way for retailers to easily access new and existing customers through…
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Clothing & Shoes
Jack Wills permanently closes another 17 stores
British fashion brand Jack Wills – which was rescued out of administration by Frasers Group plc in August 2019 –…
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Comment
Preventing inevitable recession from becoming depression
The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…
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