Covid-19

WH Smith seeks rent cuts

WH Smith is reportedly seeking rent cuts from its landlords as it looks to cut costs. According to The Sunday…

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Superdry secures funding as sales fall

Superdry has secured a new £70m lending facility in a bid to equip it with “flexibility and liquidity” following the…

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Naked Wine hails ‘strong’ sales performance

Naked Wines has announced it is continuing to “trade strongly” despite the crisis, with total July sales expected to be…

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McColls reports H1 sales rise as Covid drives demand

Convenience chain retailer McColls has reported an 8.3% increase in sales for the first half of the financial year after…

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Hammerson seeks £825m to ride pandemic

Shopping centre owner Hammerson has announced it plans to raise £825m through fundraising and disposals as it looks to survive…

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Joules swings to £2m loss in full-year results

Joules has announced that it swung to a pre-tax loss of £2m in its full-year of trading, down from the…

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River Island considering CVA as Covid-19 hits sales

Fashion retailer River Island is reportedly considering a CVA proposal as it attempts to weather the coronavirus pandemic. According to…

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Amazon Go to launch in UK

Amazon has reportedly struck a deal to open more than 10 Amazon Go stores across the UK, with a view…

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DW Sports falls into administration, 1,700 jobs at risk

DW Sports has collapsed into administration, placing around 1,700 jobs at risk. BDO announced that its restructuring partners, Graham Newton…

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AO to open new 115,000 sq ft warehouse

Online electricals retailer AO has expanded its logistic capabilities with the opening of a new 115,000 sq ft warehouse in…

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