Covid-19

Matchesfashion hit by £5.9m loss

Luxury retailer, Matchesfashion has announced a major loss of £5.9m for the financial year ended 31 January 2020. A report…

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Boots’ parent company reports strong Q1 trading

Walgreen Boots, the parent company of Boots, has reported its first quarter trading has exceeded expectations after it was buoyed…

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Joules reports online sales boost over Christmas

Joules has reported the group’s online retail channels received a sales boost during the seven-week period to 3 January 2021,…

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How retailers can build a strong digital presence

Despite the announcement of a COVID vaccine last week, it’s clear that consumers’ shopping habits won’t be returning to ‘normal’…

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1,500 jobs at risk as Paperchase calls in administrators

Paperchase, the UK-based stationary store chain, has reportedly called in administrators due to a lack of sales caused by Covid-19. …

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Chancellor unveils £4.6bn in new lockdown grants

Businesses in the retail, hospitality and leisure sectors are to receive a one-off grant worth up to £9,000, the chancellor…

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Next reports better than expected Christmas sales

Fashion retailer Next has revealed its sales in the nine weeks to 26 December were down 1.1% on last year,…

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Morrisons welcomes ‘strong’ festive trading

Morrisons has welcomed “strong” sales over the Christmas and New Year period, with group like-for-like sales rising to 9.3% over…

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Edinburgh Woollen Mill owes creditors over £190m

Philip Day’s Edinburgh Woollen Mill (EWM) owes a reported £192m to its unsecured creditors, according to Drapers. A report from…

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Primark warns of additional £220m sales loss due to Tier 4 closures

Primark has warned that it now expects to incur an additional loss of £220m in sales due to more areas…

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