Coronavirus

Next and TK Maxx halt online operations

Retail giants Next and TK Maxx have both announced the temporary closures of their online operations amid the ongoing coronavirus…

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River Island shuts distribution centre

River Island has announced the temporary closure of its distribution centre in light of the ongoing coronavirus pandemic.  The fashion…

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Quiz expects March results ‘materially’ below board expectations

Fashion retailer Quiz has warned that its March revenues and margins are expected to be “materially low” compared with the…

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Schuh closes online operations

Schuh has announced that it has taken the steps to close its website as the coronavirus crisis continues to unfold.…

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Wetherspoons’ boss was right to withhold wages

The media and the Twitterati have had a field day vilifying the founder and owner of pub chain Wetherspoons over…

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Covid-19: Banks under fire over emergency loan scheme

Banks have come under fire over government-backed emergency loans which require business owners to sign for a personal guarantee, as…

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Co-op introduces ‘stricter measures’ amid Covid-19 crisis

The Co-operative has introduced new measures to enforce social distancing in stores, in a bid to protect customers and colleagues…

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Primark to withhold £33m rent on closed stores

Primark has revealed it is withholding its quarterly rent on closed stores, in a bid to negotiate a deal with…

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Intu receives only third of rent

Intu revealed that it has received only 29% of its second quarter rent that was due from tenants on 25…

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Preventing inevitable recession from becoming depression

The global economy is heading into a recession, initially at least a pretty severe one. The measures introduced by governments…

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