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Coronavirus Featured Content
Coronavirus and the Retail Property Sector
Coronavirus continues to spread across the world and many countries have now established strict social distancing measures to halt its…
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Coronavirus
Temporary store closures due to coronavirus lead to 14% drop in retail jobs
The UK job market has been hit hard by the coronavirus outbreak, with retail jobs dropping by 14% in March,…
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Clothing & Shoes
Arcadia bosses to face 50% pay cuts as 14,500 staff furloughed
Philip Green’s Arcadia Group has announced it has placed 14,500 members of staff on government furlough and has revealed its…
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Coronavirus
Chancellor set to announce overhaul to SME loan scheme
Chancellor Rishi Sunak is reportedly set to announce an overhaul to the SME loan scheme that will allow companies to…
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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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