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News
Online sales growth hits 13-year high
UK online sales growth remained solid throughout December, coming in at +37% year-on-year (YoY) for the month and driving the…
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Clothing & Shoes
2,000 Edinburgh Woollen Mill jobs saved in rescue deal
Around 2,000 jobs are to be saved at Philip Day’s Edinburgh Woollen Mill Group after international investors agreed a deal…
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Property
Landsec collects only a third of December retail rent
UK landlord Landsec has revealed it has only managed to collect just over a third of the rent owed by…
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Coronavirus
British Land collects less than half of rent from retailers
Commercial landlord British Land has managed to collect less than half of the rent due from its retail tenants for…
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Coronavirus
Covid restrictions lead to first negative LFL sales in December
Despite a strong start to the month, retailers recorded a disappointing end to the Golden Quarter thanks to heightened Covid…
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Comment
How retailers can build a strong digital presence
Despite the announcement of a COVID vaccine last week, it’s clear that consumers’ shopping habits won’t be returning to ‘normal’…
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Coronavirus
Chancellor unveils £4.6bn in new lockdown grants
Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor…
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Coronavirus
Primark warns of additional £220m sales loss due to Tier 4 closures
Primark has warned that it now expects to incur an additional loss of £220m in sales due to more areas…
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Clothing & Shoes
Administrators place £200m price tag on Topshop
Administrators for Arcadia are reportedly seeking a price tag of £200m for the firm’s Topshop brand and are looking to…
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Economy
Global retail industry deals total $26.98bn in Q3
Total retail industry deals for Q3 2020 worth $26.98bn (£20.2bn) were announced globally, according to the latest figures from GlobalData’s…
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