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Almost 40,000 retailers in UK in financial straits before tougher Covid rules

2020-12-22

Almost 40,000 retailers in the UK were in “significant financial distress” even before the introduction of tighter restrictions over the weekend forced non-essential shops to […]

Retailers call for urgent Covid aid for businesses in south and east of England

2020-12-20

Retailers are calling on the government to step up financial support for businesses in the south and east of England which have been forced to […]

Record UK grocery sales after Covid lockdowns fuel early festive revelry

2020-12-08

November was the biggest month ever for UK grocery sales with shoppers spending almost £11bn as the return of lockdown in England drove supermarket purchases […]

Philip Green’s wealth has shrunk as Arcadia’s fortunes have faded

2020-12-01

No one except Sir Philip Green, his wife, Lady Tina Green, and their accountants know exactly how rich the self-crowned “king of the high street” […]

Philip Green’s wealth has shrunk as Arcadia’s fortunes have faded

2020-12-01

No one except Sir Philip Green, his wife, Lady Tina Green, and their accountants know exactly how rich the self-crowned “king of the high street” […]

Early Christmas shoppers boosted UK retail sales in October, says ONS

2020-11-20

Shoppers rushed to buy early Christmas presents in October, before a second Covid-19 lockdown in England, increasing retail sales for a sixth consecutive month, according […]

Early Christmas shoppers boosted UK retail sales in October, says ONS

2020-11-20

Shoppers rushed to buy early Christmas presents in October, before a second Covid-19 lockdown in England, increasing retail sales for a sixth consecutive month, according […]

WH Smith to shut 25 high street stores after it reports £280m loss

2020-11-12

WH Smith is to close 25 high street stores, affecting nearly 200 jobs, after the coronavirus pandemic pushed the retailer £280m into the red. The […]

5 things to know before the stock market opens Friday

2020-10-23

Dow futures pointed to a 100 point gain at Friday's open as Wall Street monitors coronavirus stimulus talks and contemplates how the final presidential debate […]

Edinburgh Woollen Mill owner races to thrash out rescue deal

2020-10-18

The Edinburgh Woollen Mill chain could be closed and Peacocks saved under Philip Day’s plans to rescue his high street empire from complete collapse. Up […]

Here's what I bought during Amazon Prime Day's final hours

2020-10-14

Amazon Prime Day wraps up after two days, with more than 1 million deals being offered to members. Here's what I purchased during the 48-hour […]

Unilever is turning to a data pilot to check for deforestation in its supply chain

2020-09-24

Tracking the "first mile" of a supply chain, from farmer's field to processing plant, has historically been difficult for large corporations, according to Unilever's chief […]

Unilever is turning to a data pilot to check for deforestation in its supply chain

2020-09-24

Tracking the "first mile" of a supply chain, from farmer's field to processing plant, has historically been difficult for large corporations, according to Unilever's chief […]

UK hotels and restaurants hit by wave of cancellations

2020-09-11

Hotels and restaurants have been hit by a wave of cancellations as new coronavirus restrictions throw the country’s Christmas celebrations into doubt and raise the […]

UK hotels and restaurants hit by wave of cancellations

2020-09-11

Hotels and restaurants have been hit by a wave of cancellations as new coronavirus restrictions throw the country’s Christmas celebrations into doubt and raise the […]

From cool beans to has-beens? The Covid threat to Britain’s coffee shops

2020-09-04

It’s the multibillion-pound industry that kept on growing, based on a bean that Britons couldn’t seem to get enough of: coffee. Until, that is, the […]

Halfords to close 60 sites despite rise in bike sales in lockdown

2020-07-13

Halfords has confirmed plans to close 60 stores and garages by April, as it accelerates its plans to withdraw from one in 10 of its […]

Here are some of the restaurant chains that received millions in government payroll loans

2020-07-06

Businesses in the accommodation and food services sector received more than $42 billion in funding from the Paycheck Protection Program. Among those recipients are large […]

John Lewis to close several stores as Harrods cuts 700 jobs

2020-07-01

John Lewis has confirmed it is to close a number of its shops and Harrods is cutting 700 jobs as department stores reel from the […]

The window to prevent mass unemployment is rapidly closing

2020-06-24

Today is the day that many businesses on our high streets have dreaded – the due date for the next quarterly rent. This is felt […]

UK retailers warn of shop closures and job losses amid lockdown

2020-05-12

Britain’s retailers have warned of the mounting risk of shop closures and job losses across the country after consumer spending plunged to record lows in […]

Big retailers move to enhanced ‘click and collect’ shopping as coronavirus shutdown endures

2020-04-28

Retail giants are set to rely more heavily on click and collect sales even as lockdown restrictions are eased, with the sector’s peak body cautioning […]

Fashion industry reels as coronavirus shuts shops and cancels orders

2020-04-08

The coronavirus pandemic has plunged the $2.5tn (£2bn) global fashion industry into crisis with a “significant number” of firms expected to go bust in the […]

Perfect storm of bad weather and business rates fuels retail crisis

2020-03-09

The crisis on Britain’s high streets showed no sign of easing during the storm-buffeted month of February, while new figures show the number of retail […]

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