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COVID-19

Jigsaw says it could shutter up to 20 stores after footfall...

Jigsaw has said it could shutter up to 20 stores after seeing footfall plummet following the coronavirus lockdown. The premium fashion retailer said it has...
River Island

River Island to cut a further 350 jobs

River Island is to cut a further 350 roles across its stores and head office. The latest cuts at the high street chain are in...
New Look

New Look secures agreement with financial creditors to invest £40m

New Look has launched a major restructuring of its finances to reduce its costs after sales were hit by the Coronavirus pandemic. The company said...
Oxford Street West End

Office workers returning sees 10% footfall increase in London’s West End

Following the government’s announcement on 1 August, 2020 - encouraging office workers to return to their place of work – footfall in Central London has...
Sports Direct

Mike Ashley’s Frasers Group delays results for second year running.

Mike Ashley’s Frasers Group has announced it will delay its annual results presentation for the second year running, claiming that the company...
Debenhams

Debenhams to cut 2,500 jobs across stores and warehouses

Debenhams is to axe 2,500 jobs across its stores and warehouses as the retailer looks to slash costs after sales were impacted...
Select fashion store

Select reportedly planning another CVA

Womenswear brand Select is reportedly planning to launch a third company voluntary arrangement (CVA) to slash rent during the COVID-19 pandemic. According to The Telegraph, the...

CACI launches new retail lease model to help landlords and retailers

CACI, the consumer and location intelligence specialist, has launched a data driven, objective model to help landlords and retailers agree new commercial lease terms. In...
Oxford Street 2020

Have Crossrail and Coronavirus crushed Oxford Street?

It has been a difficult few months for London’s Oxford Street, with furthers delays to Crossrail announced and lockdowns caused by Coronavirus - footfall...
Business rates

Retailers & landlords team up with MPs to see if government...

Retailers and landlords have reportedly teamed up with MPs to hold discussions about proposals which could see the government fund up to half of...
New Look

New Look poised to appoint advisers to trigger restructure

New Look is poised to appoint advisers from Deloitte to handle a restructure of the business via a potential CVA. The young fashion chain, which...
Business rates

Business rates appeals surge by 690% after coronavirus hits firms

Business rates appeals have surged by 690% over the past quarter as property owners claimed values were hammered in the face of the coronavirus...