Coronavirus

Amazon earnings triple in third quarter

Amazon has seen its net sales soar by 37% to $96.1bn (£74bn) in the third quarter of trading, up from…

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UK shop vacancy rate increases to 13.2% in Q3

Shops in the UK are continuing to shutter, with the average shop vacancy rate increasing to 13.2% in the third…

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Next Q3 sales fall 17%

Fashion retailer Next has reported a 17.9% decline in Q3 amid the continued impact of the coronavirus pandemic. The firm…

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Retail sales drop at sharpest pace since June

Retail sales figures in the UK have fallen at the sharpest pace since June, according to the Confederation of British…

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Notonthehighstreet mulls £200m sale

Notonthehighstreet is reportedly eyeing a £200m sale after its revenues “surged” during the coronavirus pandemic, according to Sky News. The…

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EWM begins shuttering small number of stores

The Edinburgh Woollen Mill Group (EWM) has reportedly already marked a small number of stores for closure as it continues…

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Clarks begins landlord talks over restructuring deal

Clarks has reportedly “kicked off” restructuring talks with landlords regarding store closures and rent cuts, according to Sky News. The…

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Asos group sales rise nearly 20% during lockdown

Asos announced its group sales for the year rose 19% to £3.3bn from last year’s sales of £2.7bn. The online…

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Tesco to hire 11,000 temporary staff

Tesco is set to hire more than 11,000 temporary members of staff to assist its stores during the festive period.…

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UK unemployment rises to 4.5%

The UK unemployment rate increased to 4.5% during the three months from July to August, the highest level in over…

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