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Retail business and financial news, including acquisitions, trading updates, regulation and deals affecting retailers and their suppliers.

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...

Travel money firm Ramsdens expects small loss as it hopes for return to holidays

Currency exchange and pawnbroking business Ramsdens has said online jewellery sales soared in the last six months as it prepares for a potential reopening...

Sports Direct owner warns over £200 million Covid-19 hit

Sports Direct owner Frasers Group has warned it could take a hit in excess of £200 million due to the Covid-19 restrictions – double...

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...

Which UK local economy will bounce back the quickest from COVID 19?

New research from savings platform Raisin UK have revealed which parts of the UK have the strongest local economies, and are likely to recover...

Asos sales soar 24% to nearly £2bn during latest lockdowns

Online fashion giant Asos has revealed that sales soared during the latest Covid-19 lockdown as high street stores remained closed. Revenues at the retailer jumped...

Dunelm preparing for ‘strong response’ to reopening next week

Dunelm expects it will slightly outperform market expectations this financial year as it prepares for a Covid-19 rule change which will allow non-essential shops...
Deliveroo riders from the Independent Workers’ Union of Great Britain in Shoreditch High Street, east London, as they go on strike

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...
Spring People walk along the seafront in Brighton, East SussexApr 2nd 2021

Retail footfall rises ahead of high street reopenings amid warm weather

UK retail footfall ticked higher last week as shoppers enjoyed warmer weather and moved closer to the reopening of non-essential shops and outdoor hospitality. Figures...

Retailers announce April 12 reopening plans for bricks and mortar outlets

A host of retailers have confirmed reopening plans for April 12 as shoppers look forward to a return to bricks and mortar shopping after...

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