Covid-19

Post-lockdown footfall increases by 64.5%

Springboard has revealed that footfall across all UK retail destinations was 64.5% higher yesterday ( Wednesday 2 December) than the…

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Sainsbury’s forgoes £410m rates relief

Sainsbury’s has joined rivals Tesco and Morrisons in a pledge to repay the government’s business rates relief, bringing the total…

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Arcadia brings forward pension fund payment

The owner of Arcadia, Lady Christina Green, is set to bring forward a payment of £50m that will go into…

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Beauty Bay considers a stock market listing

Online cosmetics store, Beauty Bay is reportedly considering a stock market listing, following the surge in valuation fellow digital retailer…

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Tesco to repay £585m rates relief

Tesco has announced that it will repay £585m in business rates relief to the UK government and devolved administrations. The…

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Sosandar sales soar in H1

Online retailer Sosandar has announced that revenue soared by 52% to £4.28m in the half-year ended 30 September 2020, up…

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Debenhams to be wound down, 12,000 jobs at risk

Embattled department store chain Debenhams is to be wound down, placing 12,000 jobs at risk, after talks with JD Sports…

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Footfall surges for second week thanks to Black Friday

Footfall on Black Friday increased by 8.7%, helping to mark the first time since late August that the figures have…

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Frasers Group offers £50m to Arcadia Group

Frasers Group has confirmed that it has offered Arcadia Group a rescue loan of up to £50m, amid news that…

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Arcadia collapses into administration

Arcadia Group has collapsed into administration, placing 13,000 jobs at risk.  It comes as the retail empire, owned by Sir…

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