Covid-19

Iceland boss hits back at HMRC over minimum wage probe

The boss of Iceland has hit back at HMRC for “harassing” the business in regards to a previous minimum wage…

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Quarter of retail SMEs will need up to two years to recover

Nearly a quarter (22%) of SMEs in the retail sector believe it will take up to two years to recoup…

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Intu appoints to chief restructuring officer to ‘fix’ balance sheets

Shopping centre owner Intu has announced the appointment of David Hargrave as chief restructuring officer to “fix” its balance sheet…

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Amazon: Sales surge while spending rises

Amazon has revealed that sales rocketed 26% to $75.5bn (£60.1bn) in the first quarter of the year, with a possibility…

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Oasis and Warehouse stores closed ‘indefinitely’, 1,800 jobs lost

Over 1,800 employees at fashion retailers Oasis and Warehouse are set to be made redundant after administrators failed to find…

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Covid-19: 70% of shopworkers are experiencing anxiety, says Udsaw

Shopworkers trade union Usdaw has released statistics revealing 70% of shop workers are experiencing anxiety and have raised concerns with…

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Coronavirus treatment hopes push stock markets up, and ‘Spoons to reopen in June

Investors are chirpy this morning amid hopes of a new coronavirus treatment that has been described as promising by the…

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Online sales reach 10% of all UK grocery spend amid Covid-19 lockdown

The share of all grocery sales made online reached 10% in the last four weeks ending 18 April 2020, according…

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Twin peaks: it’s a time of peak purchasing, but not as we know it

Purchasing in the time of Covid-19 is fuelled far more by necessity than luxury, and it’s an unprecedented peak the…

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Next warns of ‘faster and steeper’ hit to sales amid Covid-19 crisis

Retail giant Next has revealed the impact of the Covid-19 lockdown on trading has been “faster and steeper” than anticipated…

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