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News
Landlords hit back at Clarks CVA terms
Landlords are reportedly accusing Clarks of abusing its insolvency processes, as the retailer pushes forward with a CVA that includes…
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Coronavirus
October retail recovery reverses with new lockdown
Despite UK retailers seeing an economic recovery in October, a second national lockdown in England risks reversing the sector’s financial…
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Coronavirus
Chancellor extends furlough scheme to March
Chancellor Rishi Sunak has announced that the furlough scheme will be extended until the end of March, amid increased measures…
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Clothing & Shoes
Joules trading exceeds expectations
Joules’ recent sales are exceeding expectations, according to the group’s trading update in the financial year to 31 May 2021.…
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Department Stores
John Lewis to cut 1,500 jobs
John Lewis is set to cut around 1,500 staff roles at its head office operations between now and April 2021,…
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Economy
Half-term sees footfall rise 6.2%
Footfall rose by 6.2% during half-term in the UK, according to the latest data from retail experts Springboard. This is…
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Clothing & Shoes
Superdry names interim CFO
Superdry has announced that it has appointed Benedict Simon as its chief financial officer on an interim basis. This new…
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Economy
UK shop vacancy rate increases to 13.2% in Q3
Shops in the UK are continuing to shutter, with the average shop vacancy rate increasing to 13.2% in the third…
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Entertainment
Hornby returns to profit as revenue surges 33%
Hornby has made a return to profitability in the first half of its financial year. The hobby products company, specialising…
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Economy
Retail sales drop at sharpest pace since June
Retail sales figures in the UK have fallen at the sharpest pace since June, according to the Confederation of British…
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