British Land looks to retail parks as rent remains hit by Covid
One of the UK’s biggest commercial landlords has signalled a shift towards retail parks as it managed to collect just over half the retail...
Tesco profits dive 20% despite surging grocery sales during pandemic
Tesco has revealed that its profits tumbled by around a fifth over the past year after coronavirus costs of almost £900 million offset surging...
Retail footfall down 15% on two years ago in ‘first step’ of recovery
Total customer footfall on the day non-essential retail reopened in England was down 15% on two years ago, new figures show.
However that is a...
Just Eat orders soar 79% in three months amid lockdown takeaway boom
Takeaway delivery giant Just Eat said order numbers soared by 79% over the past three months as lockdown measures sparked demand from housebound customers.
The...
UK economy improved in February despite lockdown measures
The UK economy rebounded slightly in February amid the third lockdown but was still almost 8% lower than before the pandemic, according to official...
Shares in retailers struggle despite high street reopening
The fact that shops were allowed to welcome customers again for the first time in months did not boost the share prices of some...
HMV welcomes back ‘regulars’ as stores reopen after lockdown
Shoppers have been hunting out hidden nuggets at HMV stores as the retailer welcomed back “all the usual faces” following the easing of lockdown...
Cake Box eyes 52 new stores as sales rise despite lockdowns
Cake Box has said it is eyeing the opening of 52 new shops as it expects to deliver a jump in sales for the...
From bedspreads to flower beds, Homebase partners with Next to launch garden centres
Home and garden experts Homebase is set to bring the best of its gardening products and green-fingered expertise to a selection of Next stores....
Tesco set to reveal higher sales after pandemic boom
Tesco is expected to post rising sales as its supermarkets stayed open throughout the pandemic.
However, the UK’s biggest grocer is also expected to reveal...