Coronavirus
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Aug- 2020 -6 August
McColls reports H1 sales rise as Covid drives demand
Convenience chain retailer McColls has reported an 8.3% increase in sales for the first half of the financial year after…
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6 August
July footfall bolstered by hospitality reopening
Footfall in retail destinations across the UK was down by 39.4% in July, according to the latest figures from Springboard.…
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5 August
River Island considering CVA as Covid-19 hits sales
Fashion retailer River Island is reportedly considering a CVA proposal as it attempts to weather the coronavirus pandemic. According to…
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4 August
Dixons Carphone to axe 800 jobs
Dixons Carphone is set to axe 800 management roles in a bid to restructure and streamline the company. The Currys…
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3 August
Apple seeking 50% rent cuts despite positive Covid performance
Tech giant Apple is reportedly seeking rent reductions of up to 50% from landlords despite seeing sales actually increase during…
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3 August
Hobbycraft reports 200% increase in online sales amid lockdown
Hobbycraft has reported a 200% increase in like-for-like online sales in its FY results as it appears to have weathered…
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3 August
Hammerson taps investors for cash
Hammerson has confirmed that it is holding advanced discussions regarding a possible disposal of a stake in a European arm…
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Jul- 2020 -31 July
ScS reports ‘strong’ growth in lockdown-sales
Furniture retailer ScS has said trading has been “very strong” both in-store and online, since the reopening of its stores…
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24 July
Consumer anxiety halves in June
The number of consumers comfortable about returning to shops almost doubled from May to June, with “anxious consumers becoming optimistic…
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24 July
Retail sales boosted in June
The volume of retail sales rose by 13.9% in June against May figures, as non-food and fuel stores continued their…
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