Coronavirus

Frasers Group to cut bosses’ salary to £40k amid April pay pledge

Mike Ashley’s Frasers Group has reportedly reduced the salary of its executive team to £40,000 and has pledged to pay…

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Pets at Home to beat guidance amid spiked demand

Pets at Home has revealed that its closing weeks of full-year trading saw “exceptional levels of demand” amid the ongoing…

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The Perfume Shop shuts online operations, affecting over 1,800 jobs

Fragrance retailer The Perfume Shop has announced the closure of its online operations amid the coronavirus outbreak, affecting over 1,800…

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A fifth of SMEs at risk of collapse, say experts

Almost a fifth of SMEs will not survive the coronavirus crisis, according to new findings from the Corporate Finance Network. …

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JD Sports to withhold quarterly rent amid Covid-19 lockdown

Sports fashion retailer JD Sports has announced it is withholding its quarterly rent in bid to mitigate the effects of…

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New Look appoints Stuart MacKenzue as non-executive director

New Look has announced the appointment of Stuart MacKenzie to its board of directors, as a non-executive member, amid the…

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Shop prices slide amid UK lockdown, says BRC

The price of shop goods slipped by 0.8% in March, down from 0.6% the month prior, according to the latest…

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WHSmith launches partnership with Sainsbury’s amid Covid-19 virus outbreak

WHSmith and Sainsbury’s has announced its partnership to help NHS staff amid the coronavirus pandemic. WHSmith will be stocking an…

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Matalan employees furloughed, ‘massive win’ for safety says GMB

Matalan has announced all warehouse staff will be offered furlough leave in light of the coronavirus pandemic.  The GMB said…

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UK supermarket sales surge amid Covid-19 outbreak

British consumers made over 79 million extra grocery shopping trips in the last four weeks, with total till sales at…

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