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Just 13.8% of retail rent collected on June quarter day

Landlords received just 13.8% of rent owed by the UK retailers on this quarter’s rent date, compared with the 19.8%…

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Hotter Shoes to launch CVA amid restructuring plans

Shoe retailer Hotter Shoes has revealed it intends to enter into a company voluntary arrangement (CVA) over the coming days…

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Long Tall Sally to cease trading after 45 years

Womens fashion retailer Long Tall Sally is to cease trading after nearly 45 years. In a statement released on its…

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Supreme Court rules against Mastercard and Visa in interchange fees battle 

Visa and Mastercard could be set to pay billions in compensation to some of the UK’s top retailers following a…

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Forever 21 re-enters UK market with new online store

Forever 21 has re-entered the UK market following its administration last year, with the launch of a new online store.…

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Footfall up 41% yesterday morning as shoppers returned to high streets

Retail footfall across high streets, shopping centres and retail parks in England increased by 41.7% yesterday morning (15 June) in…

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Joules predicts £3m loss after pandemic hit

Fashion retailer Joules has predicted an underlying loss for its 2020 financial year of between £2m and £3m attributed to…

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H&M sales halve in second quarter

H and M net sales halved in the second quarter of 2020, tumbling 50% to 28.7bn Swedish krona (£2.4bn) following…

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Iceland founder and CEO take full ownership after buying 63% stake

Frozen food retailer Iceland has announced that its founder and executive chairman Sir Malcolm Walker and chief executive officer Tarsem…

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Gap sales nosedive by 43% in first quarter

Gap Inc. sales plunged 43% year-on-year in the first quarter of 2020, largely driven by store closures across its estate. …

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