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Economy
Bad debt owed to UK retailers rises to £53.6m in three months
There has been a 2464.5% increase in bad debt owed to UK retailers in the last three months, according to…
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Department Stores
Debenhams denies cash problems as insurers withdraw cover
Debenhams has disputed claims that it is facing a cash problem amid reports that its credit insurers have reduced cover…
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Economy
Bumper June footfall sees record increase of 11.4%
UK retailers benefited from record month-on-month growth in footfall for June, with a 11.4% increase in high street traffic compared…
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Economy
Long queues ‘costing retailers £12bn’
Long queues have been named the biggest turn-off for UK shoppers and could be costing retailers up to £12bn a…
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High Street
B&M reports strong sales growth
Discount high street retailer B&M has reported a strong start to the new financial year with revenue growth of 21.3%…
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Online & Digital
UK retailers ‘hijack’ Amazon Prime Day
UK retailers have attempted to ‘hijack’ Amazon Prime Day by offering discounts in the run up to the sale event.…
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Government
Alternative Oxford Street ‘transformation’ announced
Westminster City Council has announced plans to “transform” – though not necessarily fully pedestrianise – Oxford Street after scrapping the…
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Property
Retail property value sees biggest drop in six years
The value of UK retail properties fell by 0.8% in June, the biggest monthly fall since May 2012. According to…
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Online & Digital
Ocado reports £9m half-year loss amid heavy investment
British online supermarket, Ocado, has reported a £9m loss in its half-year financial results amid a period of heavy investment.…
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