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Coronavirus
£1.2bn to be spent in West End this Christmas, says NWEC
Despite a “strong recovery in footfall”, West End retailers are facing a “challenging festive period” due to the continued absence…
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Department Stores
Harrods reports £68m loss as restaurant staff to vote on strike action
Luxury department store Harrods has reported a loss of £68m for the 52-week period ending 30 January 2021. According to…
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Clothing & Shoes
French Connection shareholders green light £29m takeover
French Connection has confirmed its shareholders have agreed to the £29m sale of the company to MIP Holdings. The offer…
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Government
Chancellor unveils 50% rates discount for Retail, Hospitality and Leisure
Chancellor Rishi Sunak has unveiled a 50% discount on business rates for the hospitality, retail and leisure sectors (up to…
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Comment
Long Covid: a particularly bad headache for retail?
Cooped up indoors, face to face with a steady stream of strangers. No working from home. When it comes to…
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News
BPF calls for intervention to bring forward £8.5bn high street boost
The British Property Federation (BPF) has called for “immediate intervention” to bring forward an £8.5bn boost for UK high streets…
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Supermarkets
Co-op embarks on £1.5m store makeover amid new Boyes concession
Co-op is undertaking a more than £1.5m programme of improvements to transform the 17,000 sq ft store in Mablethorpe, including…
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Economy
Consumer confidence drops for third straight month
Consumer confidence has dropped for the third straight month in October, down four points to -17, according to the latest…
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Supply Chain
Ikea, Inditex and Amazon sign up to net-zero shipping pledge
Major retailers, Amazon, Ikea and Inditex are among the first to sign up to a first-of-its-kind target to progressively switch…
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Economy
UK Inflation falls to 3.1% despite rising fuel costs
UK inflation fell slightly in September to 3.1% despite rising fuel costs, according to the latest figures from the Office…
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