Coronavirus
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Jun- 2020 -9 June
Debenhams to close three more stores permanently
Debenhams has confirmed three more of its stores will not reopen once lockdown restrictions are eased next week. It revealed…
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9 June
Sosandar sees revenues spike 62% as it announces John Lewis and Next deals
Online womenswear retailer Sosandar has revealed it has seen revenues spike 62% year-on-year over the past two months since lockdown…
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9 June
Retailers face second worst month on record
May was another “testing” month for retailers, with total sales down by 5.9%, according to the latest BRC-KPMG retail sales…
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8 June
Intu places KPMG on standby as administration threatens
Shopping centre owner Intu has reportedly placed KPMG on standby in case it falls into administration ahead of an important…
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8 June
Usdaw opposes government plans to open supermarkets full time on Sundays
Shopworkers union Usdaw has condemned government plans to let supermarkets open for 24 hours a day on Sundays as “a…
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8 June
Footfall begins ‘journey to recovery’ in May
Consumer footfall may have begun its “long journey to recovery” in the month of May, according to the latest figures…
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5 June
Victoria Secret’s UK arm falls into administration placing 800 jobs at risk
Victoria’s Secret has announced it has drafted in Deloitte advisers as its UK division has fallen into administration, putting over…
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5 June
Consumer confidence slips further amid UK lockdown
GfK’s long-running Consumer Confidence Index has decreased by two points over the past two weeks. In the market research firm’s…
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5 June
Debenhams prepares to reopen 50 UK sites
Debenhams has announced it is preparing to reopen a 50 of its sites in England in phases from the beginning…
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5 June
Online sales reach 10-year high
British retailers recorded a 10-year high for online sales in May while the continued lockdown measures kept high streets empty,…
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