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Further support needed to save high street retailers, says Sports Direct...
More high street shops risk going out of business without further Government support during the coronavirus pandemic, Sports Direct’s chief financial officer has said.
Chris...
Victoria’s Secret UK arm falls into administration
More than 800 jobs are at risk after the UK arm of lingerie retailer Victoria’s Secret was placed into administration.
The retailer, which has 25...
Businesses told to start paying furlough bill from August
A final self-employment coronavirus grant is to be made available and businesses must start paying towards the worker furlough scheme from August, the Government...
Mike Ashley fails in bid to trigger investigation into struggling Debenhams
Mike Ashley has failed in a bid to trigger an investigation into the financial affairs of struggling department store chain Debenhams.
Lawyers representing the Ashley’s...
Hammerson boss quits weeks after group loses £400m deal
The CEO of shopping centre owner Hammerson has announced plans to step down weeks after a £400 million deal to sell several sites fell...
Retail ‘deeply depressed’ amid Covid-19 shutdown, CBI finds
Retail sales bounced back from April’s record lows but still remained “deeply depressed” over the last 12 months as four in five retailers say...
Retailers across England can open next month if guidelines met, PM...
All shops across England will be able to open next month if they can meet the coronavirus guidelines to protect shoppers and workers, Boris...
Justin King: “Optimistic” for high street but says tough times ahead...
Former Sainsbury’s CEO and Marks & Spencer non-executive director Justin King has said he is “optimistic” about the future of high streets with social...
Marks & Spencer profits slide on struggling clothing business
Marks & Spencer has reported a 21% slump in profits for the past year after it was weighed down by its struggling clothing division.
The...
Antler cuts 164 jobs as it falls into administration
Antler has cut 164 jobs after being placed into administration – the luggage brand, which operates 18 stores and one concession, has hired administrators...
The Index: Sports Direct sentiment slumps as John Lewis and M&S...
Sports Direct has seen its "Buzz Score" slump from a positive +8 to -21% over its handling of the closure of its stores at...
Shopping centre owner intu set to default on debts amid virus...
Shopping centre owner Intu has said it expects to breach covenants on its current debts as its properties struggle in the face of the coronavirus...
