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Economy
BoE raises interest rates to 3%
The Bank of England (BoE) has raised the base rate of interest to 3%, an increase of 0.75%, as it…
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High Street
Footfall gap from 2019 narrows in October to -9.8%
The gap in footfall from 2019 narrowed in October to -9.8% from -12.6% in September and -13.2% in August, according…
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Clothing & Shoes
VF Corp revises outlook as Q2 revenues fall 4%
VF Corp, the owner of brands such as Vans and North face, has revised its FY outlooks after it revealed…
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Sponsored Articles
How integrated WMS technology negates errors and drives efficiency for retailers
Customer expectation is continually increasing, with product availability, transparency around order progress, and speed of delivery being high on their…
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Health & Beauty
Fragrance Group sales and profits boosted by omnichannel strategy
The Fragrance Shop has reported increased annual sales and profits as it bounced back from the impact of the pandemic…
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High Street
M&S warns it will close Oxford Street store if rebuild plans are blocked
Marks and Spencer has warned an inquiry it will close its Oxford Street location if its plans to demolish and…
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High Street
Footfall falls 2.3% amid falling incomes and political uncertainty
Footfall across UK retail destinations declined by -2.3% last week from the week before, with drops in all three key…
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Government
Rishi Sunak to become next PM
Rishi Sunak is set to become the next leader of the Conservative party and the UK prime minister after becoming…
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Clothing & Shoes
Frasers acquires stake in Asos
Mike Ashley’s Frasers Group has reportedly snapped up a stake in embattled online retailer Asos. Frasers notified Asos it had…
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Economy
Retail sales fall below pre-pandemic levels
Retail sales volumes fell by 1.4% in September 2022, making them 1.3% below pre-coronavirus (Covid-19) February 2020 levels. According to…
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