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Coronavirus
UK retail sales rise for fourth consecutive month
August saw retail sales volumes increase by 0.8% when compared with July, marking the fourth consecutive month of growth. According…
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Coronavirus
John Lewis scraps staff bonus amid £635m pre-tax loss
Department store chain John Lewis Partnership has slashed its staff bonus for the first time since 1953, aftering reporting a…
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Coronavirus
Covid forcing 4 in 10 SMEs to put sale plans on hold
SMEs across the UK have had to “tear up” business succession plans due to Covid-19 with four in 10 placing…
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Coronavirus
Insolvent companies cost taxpayers £250m
Insolvent companies that were unable to pay their debts in the first six months of 2020 have cost British taxpayers…
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High Street
125,500 retail jobs lost since start of 2020
Some 125,515 retail jobs have been lost since the start of 2020, according to the latest data from the Centre…
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People Moves
Charles Wilson to step down from Tesco’s Booker in 2021
Tesco had announced that after 15 years leading the Booker business its CEO Charles Wilson is to retire in February…
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News
Eve Sleep reports summer sales boost
E-commerce mattress brand Eve Sleep saw strong trading between May and July, and now expects revenues of at least £22m…
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High Street
Mike Ashley warns PM of rates review delay
Retail tycoon Mike Ashley has reportedly written to prime minister Boris Johnson warning of the “disastrous consequences” if the government…
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News
Retailers tap into ‘back to school’ feeling to boost sales
Retailers have been advised to tap into the “back to school” feeling to help sales as the recession hits, according…
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High Street
Retail jobs in sharpest fall since 2009
Retail employment fell at the fastest rate since February 2009 in the year to August, with an even sharper decline…
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