Covid-19

Harrods reports £68m loss as restaurant staff to vote on strike action

Luxury department store Harrods has reported a loss of £68m for the 52-week period ending 30 January 2021. According to…

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Superdry welcomes strong Autumn trading

Superdry has welcomed an “encouraging” start to its Autumn trading season, with revenue up by 8.8% against last year in…

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Landsec to acquire U and I Group for £190m

Landsec has reached an agreement to acquire urban regeneration group U and I for a total of £190m, at a…

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Amazon to spend ‘several billion’ to manage supply shortages

Amazon has warned that it expects to incur “several billion dollars” of additional costs in the upcoming months as supply…

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Long Covid: a particularly bad headache for retail?

Cooped up indoors, face to face with a steady stream of strangers. No working from home. When it comes to…

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BPF calls for intervention to bring forward £8.5bn high street boost

The British Property Federation (BPF) has called for “immediate intervention” to bring forward an £8.5bn boost for UK high streets…

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Footfall declines in lead up to half-term

Footfall across retail destinations declined by -1.5% across the UK in the last week, according to retail intelligence experts Springboard.…

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September retail sales fall 0.2%, ONS reveals

September retail sales volumes fell by 0.2% and by 2.6% when compared with the same period in 2020, according to…

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Boots owner sees Q4 sales surge 12% to $34bn

Walgreens Boots Alliance (WBA), the owner of Boots, has seen its sales for the Q4 period ending 31 August 2021…

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Shoe Zone revenues fall to £119m in FY21

Shoe Zone has announced that group revenue dropped slightly to £119.1m in the full-year ending 2 October 2021, down from…

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