Covid-19

UK economy surges 4.8% in June

The UK economy grew by 4.8% in June as Covid-19 restrictions surrounding retail and leisure were eased across the UK,…

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Morrisons to close on Boxing Day for the first time ever

Bosses at Morrisons have told staff they can have Boxing Day off this year as a thank you for their…

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Watches of Switzerland Q1 revenues soar 96.2%

Watches of Switzerland Group has revealed its revenues climbed 96.2% year-on-year to £297.5m for the 13 weeks ended 1 August…

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Retail in the age of data: What we can learn from Netflix

Have you ever wondered how Netflix ‘knows’ which movies to recommend? Or how does the entertainment giant choose themes for…

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Hammerson to redevelop empty retail units for new purposes

Hammerson has announced that it is looking to redevelop its empty retail units, with a medium to long-term view of…

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Mike Ashley confirms plans to step down as head of Frasers

Mike Ashely has confirmed that he will step down as head of Frasers Group, as the business revealed its most…

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New Look posts Q1 profits of £15m

New Look has swung to a £15m adjusted EBITDA profit in the first quarter of FY22, compared with losses of…

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Ted Baker appoints two new non-executive directors

Ted Baker has announced the appointment of Fumbi Chima and Meg Lustman as independent non-executive directors of the company.  Fumbi…

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Amazon growth slows in Q2

While sales in Amazon’s second quarter soared by 27% to $113bn (£81bn) against 2020, growth slowed down from a 44%…

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One in seven UK shops still remain vacant, BRC reveals

More than one in seven shops on UK high streets, retail parks and shopping centres are currently vacant, according to…

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