Covid-19
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Apr- 2021 -30 April
Amazon sees Q1 profits surge to $8.1bn
Amazon has revealed that net income soared to $8.1bn (£5.8bn) in its first quarter results, up from a net income…
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30 AprilEconomy
One in seven retail units remain vacant, says BRC
Retail vacancies in the UK have increased across all shopping destinations, according to the British Retail Consortium (BRC) and Local…
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29 AprilShopping Centres
Westfield owner sees Q1 shopping centre turnover drop 42.8%
Unibail-Rodamco-Westfield (URW), the owner of Westfield, saw a 30.1% year-on-year decline to £313.6m for its shopping centre revenues in Q1…
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29 AprilHigh Street
WH Smith launches fundraise to open 100 new travel stores
WH Smith has unveiled plans to open around 100 new travel stores after launching a £325 bond offering in convertible…
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29 AprilClothing & Shoes
French Connection FY21 revenue drops 40.4%
French Connection saw its revenues plummet 40.4% year-on-year to £71.5m in the 12 months to 31 January 2021. The fashion…
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28 AprilSupermarkets
Sainsbury’s swings to £261m loss as Covid costs rise to £485m
Sainsbury’s has slumped to a pre-tax loss of £261m, down from a profit of £255m the year before, after it…
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28 AprilElectrical
Dixons Carphone to scrap airport shopping business
Dixons Carphone is set to close its airport shopping business, just months after the UK government announced plans to remove…
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28 AprilAdvice
Unlocking the future of in-store shopping – with our phones
Amazon Fresh still seems surreal (at least for some shoppers, for whom it feels a bit too closely like theft!).…
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26 AprilAdvice
Tackling the new user, missed opportunity phenomenon
In a turbulent year, retailers have faced both famine (with retail stores closing) and feast (with the spike in online…
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23 AprilAdvice
Getting ready for the post-covid retail boom
From being in the grip of the second wave in a bleak mid-Winter two months ago with so much uncertainty…
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