Coronavirus
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Mar- 2020 -20 MarchHigh Street
Covid-19: Government to pay 80% of salary to staff unable to work
Chancellor Sunak Rishi has said the government will pay 80% of wages to employees who arenโt able to work due…
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20 MarchDepartment Stores
Harrods to close amid coronavirus chaos
World-famous department store Harrods is to close its doors this evening (23 March) due to the coronavirus pandemic. It said…
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20 MarchHigh Street
Frasers Group issues profit warning and drops FY20 guidance amid Covid-19
Mike Ashleyโs Frasers Group has issued a profit warning after revealing its board expects Covid-19 to cause a โsignificant disruptionโ…
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20 MarchClothing & Shoes
TK Maxx closes UK stores amid Covid-19 virus outbreak
Discount store TK Maxx has become the latest retailer to take the decision to temporarily close its stores amid the…
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20 MarchSupermarkets
Government tells supermarkets to โjoin forcesโ
The Department for Environment, Food and Rural Affairs (DEFRA) has told supermarkets to โjoin forcesโ as the coronavirus crisis unfolds.…
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19 MarchAnalysis
Huge increase in online sales across Italy offers hope for struggling retailers in the UK and Ireland
Global financial markets continue to suffer from the impact of coronavirus, with economists predicting the slowest rate of global growth…
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19 MarchHigh Street
Next warns on coronavirus despite full-year sales growth
Fashion retailer Next has warned that sales could plummet in the coming weeks and months as the UK battles the…
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19 MarchEconomy
New bank of England boss promises fresh measures to fight Covid-19
The new Bank of England boss, Andrew Bailey, has promised a fresh set of measures to help fight the economic…
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19 MarchClothing & Shoes
Zara closes almost 4,000 stores globally amid coronavirus outbreak
The parent company of Zara has closed almost 4,000 of its stores across the globe amid the recent outbreak of…
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19 MarchSupermarkets
Ocado sales rise as website goes dark
Ocado Retail has announced that revenue grew by 10.3% to ยฃ441.2m in the first quarter of the year. Average orders…
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