London

Debenhams to shutter six stores, 320 jobs affected

Debenhams has announced that six of its sites will no longer reopen this year, as part of the group’s ongoing…

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Landsec collects only a third of December retail rent

UK landlord Landsec has revealed it has only managed to collect just over a third of the rent owed by…

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The Hut Group revenue soars ahead of guidance in Q4

The Hut Group has announced that revenue soared by 51% to £558.7m in the three months ended 31 December 2020,…

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Matchesfashion hit by £5.9m loss

Luxury retailer, Matchesfashion has announced a major loss of £5.9m for the financial year ended 31 January 2020. A report…

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Travis Perkins appoints new chair

Travis Perkins, the home improvement retailer, has announced the appointment of Jasmine Whitbread as its new chair. Whitbread is set…

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Arcadia to offload flagship Topshop store

Arcadia Group has announced that Eastdil and Savills have been hired to oversee the sale of retail chain Topshop’s flagship…

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Boxing Day sales set to plummet for third year in a row

Retailers must prepare to be “hard hit” during this year’s Boxing Day sales period, with spending expected to be down…

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N Brown secures £100m equity raising

N Brown has announced it has completed its £100m equity raising and moved from the London Stock Exchange (LSE) over…

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Labour calls for high street Fightback Fund

Labour has urged the government to “stand up for businesses” through a Hospitality and High Streets Fightback Fund, aimed at…

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Hammerson seeks admission to Euronext Dublin

Retail property management group Hammerson has revealed its intention to seek admission to Euronext Dublin and to trade on the…

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