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Coronavirus
Study reveals areas hit hardest by Covid-induced retail insolvencies
Norwich has been revealed as the area hit hardest by Covid-induced retail insolvencies, according to a study by Wholesale Clearance.…
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Supermarkets
Morrisons begins hunt for new CEO
The new owner of Morrisons, private equity firm Clayton Dublier & Rice (CD&R), has reportedly started its search for a…
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Clothing & Shoes
N Brown EBITDA to come in at lower end as revenues remain flat
Fashion and homeware retailer N Brown has revealed it expects its group revenues to remain relatively flat for FY22, increasing…
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High Street
WH Smith shareholders rebel over CEO bonus
WH Smith has seen its shareholders rebel over its plans to pay its chief executive Carl Cowling a £550,000 bonus,…
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Online & Digital
OnBuy reveals new Bournemouth HQ
UK-based online marketplace, OnBuy, has announced a deal for new office space in Bournemouth Town Centre. The move follows what…
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High Street
Hotel Chocolat sees Q2 revenues jump 37%
Hotel Chocolat, the British chocolatier and omni-channel retailer, has revealed it saw group revenues increase 37% during the 13-week period…
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Clothing & Shoes
Burberry signs £300m sustainability linked loan
Burberry has refinanced its Revolving Credit Facility (RCF) to a £300m sustainability linked loan, coordinated by Lloyds Bank. The luxury…
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Supermarkets
McColls CCO to depart to head up Sainsbury’s grocery arm
McColl’s Retail Group has announced that Richard Crampton has informed the board of his decision to resign as chief commercial…
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Coronavirus
Next cuts sick pay for isolating staff who are unvaccinated
Next has reportedly cut sick pay for staff who are unvaccinated and are forced to isolate due to contact with…
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Health & Beauty
Online demand helps drive Fragrance Shop Xmas sales up 38%
The Fragrance Shop has revealed it enjoyed a “bumper Christmas period” driven by its online performance helping sales surge 38%…
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