Covid-19

Hamleys CEO to step down

Hamleys chief executive, David Smith, is to step down from the position after only six months with the iconic toy…

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How retailers can tap into the growing power of influencers

Retailers across the globe have been pulling advertising from Facebook (and Instagram) . The social media platform is under heavy…

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Debenhams draws up contingency plans for potential liquidation

Debenhams has reportedly drawn up contingency plans in the event of a potential liquidation, as it continues to weather the…

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River Island set to axe 350 jobs

River Island is reportedly set to axe almost 350 store management and sales roles as it continues to weather the…

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New Look to secure £40m of funding

New Look has agreed a deal with its creditors to secure an additional £40m of funding to help ride out…

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Covid-19 outbreak strikes M&S supplier

Greencore, the factory that provides Marks and Spencer with its ready-to-eat sandwiches, has confirmed it is “proactively testing” workers after…

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Topps Tiles retail revenues rise in Q4 results

Topps Tiles has reported a 15.5% year-on-year increase in retail revenues for the Q4 period ended 8 August 2020. Average…

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Very Group to return to profit as revenues pass £2bn

The Very Group has forecasted a return to profits for the FY20 as it revealed annual group revenues passed £2bn…

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UK in recession following 20% GDP slump

The UK economy has entered into a technical recession following a “record” fall in gross domestic product (GDP) during the…

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Baird Group launches CVA proposal

Baird Group has launched a Company Voluntary Arrangement (CVA) proposal in order to safeguard the “long-term future” of the group.…

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