Coronavirus

Very Group revenue tops £2bn for first time

The Very Group has announced a return to profit as group revenue rose by 2.9% in the full-year to top…

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Tesco profits soar despite coronavirus hit

Tesco has welcomed a surge in profits, with pre-tax profit soaring by 28.7% to £551m in the first-half of its…

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Curfew and poor weather leads to second week of footfall decline

Overall, retail footfall across all destinations is 31.4% lower than last year   Footfall has declined by 3.5% in the…

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Nearly half of UK firms report Q3 sales decrease

Business conditions remain weak in the third quarter of 2020, despite “much of the economy” reopening, according to the latest…

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ScS posts full year loss despite post-lockdown boost

ScS has revealed it made a statutory loss of £3.1m before tax in the preliminary results for the year ending…

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How to retain customers gained during the pandemic

Big life events like marriage, divorce, becoming parents, and the current once in a century pandemic, all have a huge…

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Arcadia Group to put Burton HQ on the market

Sir Philip Green has reportedly put Burton’s former London headquarters on the market, according to The Sunday Times. The owner…

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£3bn tariff ahead for UK retailers and consumers, warns BRC

Supermarkets and their customers could face £3bn a year of tariffs on food and drink if a free trade deal…

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John Lewis launches new virtual Christmas shop for consumers

Earlier this month John Lewis announced a £635m pre-tax loss for the half-year period ended July 2020. The department store…

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Hong Kong’s Lion Rock joins race for Clarks

A Hong Kong-based private equity firm, which backs a number of companies such as Taxi hailing app Hailo and Serie…

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