TheIndustry.fashion
UK retail sales jump in June as non-essential stores reopen
UK retailers saw the biggest monthly sales jump in more than two years in June after non-essential stores reopened but the sector is “not...
Retail footfall down -56.6% in June despite reopening “turning point”
Retail footfall for June more than halved against the same month last year as shopper demand remains low despite the “turning point” of reopening...
Boots to cut more than 4,000 jobs after COVID crisis hits...
High street health and beauty retailer Boots has said it expects to cut more than 4,000 jobs as part of action to mitigate the...
H&M to shut 170 stores this year after COVID-19 impact
Global fashion giant H&M has said it plans to shut 170 of its stores across Europe after accelerating closure plans in the face of...
JD Sports chief says investment in stores depends on landlords
JD Sports chairman Peter Cowgill has hinted that any investment in the company’s stores will be dependent on potential negotiations with landlords as it...
More than 24,000 retail jobs lost this year through company collapses
More than 24,000 jobs have already been lost at high street retailers in administration in the first half of 2020 as the COVID-19 crisis...
Consumer confidence edges up as more businesses prepare to reopen
Fragile consumer confidence is showing some signs of improving as more businesses prepare to open their doors again this weekend, including pubs and hairdressers.
While...
Landsec collects 60% of rent and says shoppers are spending more
Commercial landlord Landsec has promised to start paying out to shareholders again after it revealed that post-lockdown shoppers are spending more.
The company said the...
High street sales spike dropped off in second week after reopening,...
A rapid recovery in high street sales in the first week after non-essential stores were allowed to reopen tapered off in the following days,...
“Encouraging” post lockdown sales at Primark despite hit to profits
Primark owner Associated British Foods (ABF) has said sales at the value fashion giant have been “encouraging” after reopening its stores, despite predicting a...
Leicester retailers will be able to re-furlough staff due to local...
Employers, including non-essential retailers, forced to shut their doors again in Leicester under the local lockdown will be able to re-furlough their staff if...
Retailers remain pessimistic as sales drop again in June, says CBI
Retailers have remained pessimistic after posting another “steep drop” in sales in the year to June, according to new figures.
The latest monthly Distributive Trades...
