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Coronavirus
Government eyes third rent moratorium extension
The government is reportedly drawing up plans to extend the current rent moratorium that bans landlords from being able to…
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Clothing & Shoes
Boohoo seeks larger London office following acquisition spree
Online fashion retailer Boohoo is reportedly seeking a larger London office following its recent acquisition spree that saw its purchases…
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Clothing & Shoes
Ted Baker Q4 sales fall 47% amid low occasionwear demand
Clothing retailer Ted Baker reported that Q4 group revenues fell by 47% during the 13-week period ending 30 January 2021.…
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Comment
Has the pandemic driven a permanent shift in consumer behaviour?
New Era If anyone was in any doubt about the future of retail, the purchase of Debenhams by Boohoo has…
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Clothing & Shoes
JD Sports eyes EU warehouse amid ‘worse than feared’ Brexit impact
Peter Cowgill, the chairman of JD Sports has revealed the company is considering opening a new distribution centre in the…
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Coronavirus
Three in 10 SMEs could be forced to shut if lockdown is extended
At least three in 10 (30%) SMEs will be forced to close for good by the end of the year…
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Coronavirus
Bank of England holds rates, predicts strong vaccine rebound
The Bank of England (BoE) has predicted an economic rebound in the spring led by a successful vaccine rollout, after…
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Property
Retail landlords charged nearly £1bn in rates on empty shops
Retail landlords have handed over almost £1bn to English Councils in business rates since the onset of the pandemic despite…
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Supermarkets
EG Group to acquire Asda’s forecourt business in £750m deal
The EG Group, part of the consortium that is set to acquire ‘Big Four’ Grocer Asda in a £6.8bn deal,…
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High Street
Footfall remains above first lockdown levels despite poor weather
Footfall across UK retail destinations rose by just +0.4% last week from the week before as poor weather deterred high…
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