Retail News

Majority of UK consumers change their shopping habits during lockdown

A study by online market vendor Capterra has revealed how consumers’ shopping habits have changed since the start of Covid-19. …

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22,000 retail jobs lost in 2019 due to administrations

Almost 22,000 retail jobs were lost in 2019, according to new data from specialist finance broker firm ABC Finance. Some…

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Next profits boosted by continued online growth in H1

Fashion retailer Next has recorded a 2.7% rise in profits for the 26 weeks to July 2019, aided by a…

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CMA extends inquiry into JD Sports’ acquisition of Footasylum

The Competition and Markets Authority (CMA) has extended its inquiry into JD Sports’ acquisition of Footasylum, with the regulator warning…

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Sports Direct to ‘ignore’ deadline in hunt for new auditor

Sports Direct is still searching for a new auditor, amid reports that it could be forced to consult the government…

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Argent appoints new retail lead for King’s Cross centre

Shopping centre developer Argent, has appointed a James Rayner as it new retail lead for its flagship project, King’s Cross…

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One in 20 workers not receiving holiday pay, research reveals

Around one in 20 workers in the UK are not receiving any holiday entitlement, according to a recent study by…

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French Connection losses narrow in H1

Fashion retailer French Connection has reported a reduction in its pre-tax losses for the six month period to 31 July…

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Council investments in shopping centres to top £1bn

Local councils are set to spend £1bn on buying shopping centres by the end of 2020, in a bid to…

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Schuh to seek rental reductions

Footwear retailer Schuh has become the latest retailer to ask landlords for rent reductions across its retail estate, after it…

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