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High Street
Two thirds of shoppers feel unsafe on UK high streets
Almost two thirds of shoppers (61%) in the UK still feel unsafe when shopping on their high streets, according to…
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Sport & Leisure
JD Sports acquires Shoe Palace
JD Sports has announced the acquisition of US-based Shoe Palace, purchasing 100% of both the issued shares in the Shoe…
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Clothing & Shoes
French Connection secures $6.5m in additional funding
French Connection has announced it has secured $6.5m (£4.9m) in additional funding, as part of its latest trading update. The…
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High Street
McColl’s revenue tops £1.25bn despite store closures
McColl’s revenue has increased by 2.3% to £1.25bn this year in light of “strong demand” during the pandemic, according to…
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Sport & Leisure
Frasers Group reports 30% rise in half-year profits
Frasers Group has reported a 29.1% surge in after-tax profit to £84m in the 26 weeks to 25 October. The…
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Supermarkets
Tesco confirms sale of its Asian businesses
Tesco has confirmed the sale of its businesses in Thailand and Malaysia, following a review of the transaction. Back in…
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Economy
Consumer spending drops 2% in November
Consumer spending in the UK fell by 2.9% in November, despite spending on essential items growing 4.9% year-on-year, as ‘circuit…
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Clothing & Shoes
Ted Baker losses widen as sales fall 42%
Ted Baker has announced that its losses have continued to widen, with underlying loss-before-tax amounting to around £39m, primarily driven…
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Supermarkets
Aldi plans to repay business rates relief
Aldi has announced its plans to repay the government any money it has received during the pandemic from the business…
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Economy
Retail hiring falls 20%
Hiring in the UK’s retail sector was down 19.7% in October compared to the same month last year, according to…
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