Coronavirus

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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Business rates revaluation postponed until 2022

A revaluation of business rates will no longer take place in 2021 in line with the government’s latest efforts to…

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Card Factory online sales soar over 250% amid UK lockdown

Cards and gifts retailer Card Factory has reported a 267.5% increase in online sales since the UK lock-down began in…

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Waitrose to open new distribution centre to double deliveries in London

Waitrose this week will open a new six-acre Customer Fulfilment Centre in Enfield, North London, to double its online grocery…

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CMA blocks JD Sport merger

The Competition and Markets Authority (CMA) has announced its decision to block JD Sports’ purchase of Footasylum after finding it…

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Furlough errors could cost small firms

SMEs are making errors on their applications for the Government’s furlough scheme, meaning they will have to repay thousands of…

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Chancellor promises no ‘cliff-edge’ end to furlough scheme

Chancellor Rishi Sunak has promised there will not be a “cliff-edge” end to the Government’s  furlough scheme.  Speaking to ITV…

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Retail tenants – how to work with your landlord during the lockdown and beyond

Retail tenants were relieved to hear that the Coronavirus Act 2020 (“CA 2020”) prevented landlords from forfeiting a business tenancy…

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Government launches £6.1m fund to help high streets through pandemic

Business Improvement Districts (BIDs) are set to receive a £6.1m funding boost to help high streets and town centres through…

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J.Crew files for bankruptcy protection

J.Crew has become the first major US retailer to officially file for bankruptcy protection amid the global lockdown.  As per…

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