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The latest news from the retail industry

Santander Bank

Santander to close more than 100 bank branches

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Santander has announced plans to close 111 branches by the end of August in response to the ongoing shift by customers towards mobile and...

Boohoo cuts supplier network after factory scandal

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Scandal-hit retailer Boohoo has slashed its supplier network by more than 400 firms amid an overhaul after allegations over working conditions for factory staff. The...

Record proportion of Christmas shopping in December took place online

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A record proportion of Christmas shopping was carried out online in December, according to card spending figures from a trade association. As people spent more...
John Lewis Closures

John Lewis to permanently shut eight more stores with 1,465 jobs at risk

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John Lewis is to shut eight more stores in a move which will put 1,465 jobs at risk. The department store retailer told staff on...

Business optimism and economic activity soar over road map to reopening

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The UK economy showed strong signs of growth in March, hitting a seven-month high, as the optimism over the vaccine rollout saw businesses increase...

Click-and-collect orders soar as Wickes prepares for independence

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Wickes saw a quadrupling of click-and-collect orders last year, the company revealed as it progressed plans to split from parent Travis Perkins and list...

Inflation eases as clothes prices drop

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The UK’s rate of inflation unexpectedly eased last month amid falls in the prices of clothes, second-hand cars and toys, according to new official...

Tui plans 48 more high street store closures

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Tui is planning to close 48 more retail stores in the UK. The UK’s biggest tour operator said the travel industry and the high street...

McColl’s losses narrow amid pandemic sales jump for convenience stores

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McColl’s has said its losses narrowed over the past year as more people shopped at their local convenience store during the pandemic. The retailer told...
An H&T pawnbrokers shop

Pawnbroker H&T sees profits fall despite Covid-inspired economic slump

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Profits at the UK’s biggest pawnbroker, H&T, slumped by 22% in 2020 as the pandemic saw fewer customers needing to sell their assets, the...