Covid-19

Oasis and Warehouse fall: Will the coronavirus pandemic force my business into insolvency?

With the involuntary closure of many businesses forced by the UK-wide lockdown, previously successful companies are beginning to feel the…

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Gear 4 Music reports 9% increase in FY sales despite Covid-19 impact

Musical instruments retailer, Gear 4 Music has reported a 9% increase in sales to £120.3m amid the Covid-19 pandemic. In…

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Government introduces new measures to protect high street

The business secretary has announced a new set of measures that will be introduced to protect high street businesses “under…

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Animal set to shutter entire UK estate by 2021

Fashion brand Animal is reportedly set to shutter its entire UK estate by 2021, placing almost 500 jobs at risk.…

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The role of the physical store post-lockdown

The role of the physical store post-lockdown Retailers have been hit by an escalating “perfect storm” of issues recently –…

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One in six shopworkers abused daily during pandemic, says Usdaw

Shopworkers’ trade union Usdaw has released statistics revealing one in six shop workers have suffered abuse on every shift, during…

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DFS raises £64m from shareholders and directors

DFS revealed it has successfully raised £64m through a share placing in a move that will “significantly increase its financial…

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Cath Kidston shutters entire UK estate, over 900 staff made redundant

The administrators of Cath Kidston have confirmed that all 60 Cath Kidston stores in the UK have now closed, resulting…

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John Lewis furloughs 14,000 members of staff

John Lewis Partnership (JLP) has revealed it has furloughed over 14,000 members of staff and will slash over £200m from…

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Boohoo reports 54% rise in pre-tax profits in FY results

Online fashion retailer Boohoo has reported a 54% rise in pre-tax profit to £92.2m compared with £59.9m last year. In…

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