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New Look enters talks with landlords seeking turnover-based rent

High street retailer New Look has reportedly entered talks with its landlords about switching to a turnover-based rent system. According…

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Johnsons Shoes Company enters administration

Johnsons Shoes Company, which operates 12 stores under the brands Johnsons Shoes and Bowleys Fine Shoes, has entered administration due…

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Three ways supermarket behaviour has changed after seven weeks of lockdown

While the beginning of lockdown was marked by empty shelves, panic-buying and a lack of delivery slots – have we…

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Morrisons sales rise in ‘volatile’ quarter

Morrisons has revealed that trading in the first quarter of 2020 was “volatile” in light of the ongoing pandemic, despite…

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Mike Ashley and Peter Cowgill in race to acquire Office

Sports Direct owner Mike Ashley and JD Sports owner Peter Cowgill have both been revealed as bidders for footwear retailer…

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Debenhams cuts over 1,000 jobs as five stores shutter permanently

Embattled department store chain Debenhams has revealed that five of its stores housed in Intu shopping centres will not reopen…

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Superdry sales slide as stores are shuttered

Superdry has announced that its fourth quarter performance was “substantially impacted” by the outbreak of Covid-19, with year-on-year revenue tumbling…

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Bira releases ‘life after lockdown’ strategy

The British Independent Retailers Association (Bira) has released its 10-point “life after lockdown” strategy, calling on the government to consider…

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Quarter of retail SMEs will need up to two years to recover

Nearly a quarter (22%) of SMEs in the retail sector believe it will take up to two years to recoup…

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Next warns of ‘faster and steeper’ hit to sales amid Covid-19 crisis

Retail giant Next has revealed the impact of the Covid-19 lockdown on trading has been “faster and steeper” than anticipated…

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