Starbucks UK extends losses as pandemic takes its toll
Starbucks slumped to a £41 million loss in the UK in the past year as the Covid-19 pandemic took its toll on the coffee...
Retailers suffer surprise sales fall despite reopening
Retailers suffered a surprise setback in May as a drop in food sales offset the gains seen by non-essential shops after they reopened.
Sales in...
More than a quarter of payments in 2020 were contactless as cash use plunged
More than one in every four payments last year were contactless as cash use plunged, according to figures from a trade association.
Coins and banknotes...
ScS hikes outlook for this year and next as orders surge
Sofa retailer ScS has hiked its outlook for this financial year and next after seeing orders soar since stores reopened.
The firm, which has 100...
Boohoo set to reopen one Debenhams store
Boohoo Group could be set to bring the Debenhams brand back to the high street by opening one small store outside of London. The...
Card Factory slides to £16m loss following Covid store closures
Card Factory has swung to a loss for the past year after store closures slashed its sales by more than a third.
Shares in the...
Retailer Gap set to axe 19 UK and Ireland stores
Gap has said it plans to close 19 stores in the UK and Ireland next month as part of a shake-up aimed to return...
Shopping surges in May after pandemic restrictions ease
Retail sales soared in May as the further easing of lockdown restrictions helped to drive spending, according to new figures.
The latest BRC-KPMG retail sales...
Tesco to end buying partnership with French supermarket Carrefour
Tesco has said it will end its buying partnership with French supermarket chain Carrefour after three years.
The UK’s biggest grocer told investors on Monday...
Ted Baker set to slide to £65m loss after dive in store sales
Ted Baker is expected to tumble to a £65 million loss after sales were slashed by the pandemic.
The enforced closure of bricks and mortar...