Coronavirus
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Jul- 2020 -9 July
John Lewis shutters eight stores, 1,300 jobs at risk
John Lewis has confirmed it will not be reopening eight sites across the UK, and will now enter into consultation…
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9 July
Frasers Group to stop rent payments until it can ‘freely trade’
Mike Ashley’s Frasers Group has reportedly told landlords that it will withhold rent payments until it is “fully able to…
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8 July
Chancellor unveils new £9bn retention scheme
Chancellor Rishi Sunak has unveiled a new scheme to pay companies £1,000 bonus per employee for those they keep on…
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7 July
Allsaints creditors approve CVA
Allsaints has revealed it has received the greenlight from its creditors to go ahead with its planned CVA that will…
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3 July
Boohoo denies it ‘puts workers at risk’
Online clothing retailer Boohoo has defended its business practices against accusations that it was putting workers at factories in Leicester…
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2 July
Arcadia to cut 500 head office jobs
Arcadia has revealed it is set to cut around 500 head office roles due to the impact of the coronavirus…
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2 July
High street retailers ‘urgently’ need government recovery plan, says Usdaw
Shopworkers union Usdaw has urged the government to agree with employers and trade unions a recovery plan for the high…
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1 July
Harrods to cut 700 jobs
Luxury department store Harrods is set to cut around 700 jobs as it attempts to weather the storm caused by…
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Jun- 2020 -30 June
TM Lewin collapses into administration
TM Lewin has collapsed into administration following news that the retailer was eyeing up a pre-pack administration deal. According to…
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30 June
Government confirms changes to ‘flexible’ furlough scheme
The UK government has confirmed the latest set of changes to its “flexible” furlough scheme – dubbed CJRS V2 –…
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