Almost 190,000 retail jobs axed in high street turmoil since first lockdown
Almost 190,000 jobs have been lost in the retail bloodbath since shops were first forced to shut their doors a year ago, according to...
Deliveroo shares rise on first full trading day despite strike
Deliveroo shares have climbed higher on their first day of full trading despite the start of a rider strike over worker rights.
The takeaway delivery...
Hammerson sells retail parks to Brookfield in £330m deal
Commercial landlord Hammerson has sold its last remaining retail parks to a Canadian investor for £330 million.
The company said its Middlesbrough and Falkirk sites...
Retail parks help British Land rebound to profit
British Land has seen its bet on retail parks help drive the company’s recovery as it posted its first interim profit in four years.
The...
M&S tumbles to £201m loss after pandemic batters clothing and home sales
Marks & Spencer has swung to a hefty loss for the past year following pandemic store closures as bosses said the business has moved...
Harrods launches traditional Boxing Day Sale early
Harrods has launched its winter sale a full week before Christmas “in response to ongoing trading realities”, it has said.
The Knightsbridge-based department store is...
Asda cancels £750 million plans to sell forecourt business
The billionaire brothers who took over Asda earlier this year have abandoned a £750 million plan to fold the company’s petrol forecourts into their...
Hybrid Shopping to Dominate Christmas
New CACI research shows 87% of UK consumers will shop both online and in-store this Christmas, favouring hybrid retail models.
Co-op repays furlough support but holds onto £66m of business rates relief
The Co-op has said it will repay the Government £15.5 million it received in furlough support during the height of the pandemic but stopped...
Modella Capital Acquires Hobbycraft from Bridgepoint
Privately-owned specialist retail investment boutique, Modella Capital, has announced its acquisition of Hobbycraft, the largest arts and crafts retailer in the UK. This acquisition...