Coronavirus
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Jun- 2020 -30 June
Reopening is ‘no magic bullet’ for retail, says BRC
Reopening is “no magic bullet” for retail, the British Retail Consortium has warned despite UK footfall improving since lockdown restrictions…
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29 June
H&M half-year sales slump amid Covid-19 pandemic
Fashion retailer H&M has reported a 23% decrease in net sales to SEK 83,612bn (£7.2bn) for the half-year period ended…
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26 June
Intu admits appointment of administrators ‘likely’
Shopping centre owner Intu has admitted that it has so far failed in reaching standstill agreements with landlords and therefore…
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24 June
Amazon launches small business accelerator to support over 200,000 small retailers
Amazon and Enterprise Nation, the small business support network, have launched the ‘Amazon Small Business Accelerator’, a major support package…
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24 June
Naked Wines reports £200m revenues in FY results
Naked Wines has reported a 14% increase in revenues to £203m for the full-year period ended 30 March, up from…
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23 June
PM confirms relaxation of two-metre social distancing rule
Boris Johnson has announced a reduction in the two-metre social distancing rule. In a speech in parliament this afternoon, the…
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23 June
UK retail transactions grew by 60% last week, Barclaycard finds
By last week an additional 60% of Barclaycard’s customers had returned to trading and taking payments compared to the first…
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23 June
Shoe Zone to make redundancies as 20 shops close
Footwear retailer Shoe Zone has revealed that 20 of its stores will not open post-lockdown, resulting in a number of…
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22 June
Chancellor mulls VAT cut and could follow up with autumn tax rises
Chancellor Rishi Sunak is reportedly considering cutting VAT in order to help stimulate the economy but could follow the move up with…
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22 June
Bira welcomes extension of government protection scheme
Bira has “welcomed” the Government’s decision to extend protection for businesses from aggressive debt collection until September. The extended measures…
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