The Treasury is to extend the current ban on evictions for unpaid commercial rent past the end of this month and into 2022, after delaying the easing of further Covid restrictions.
Online young fashion giant Boohoo Group has agreed to sign up to a forensic supply chain initiative as part of a wider push to improve its ethical credentials.
The Government has confirmed it will not heed calls from industry to further extend furlough and other financial support as the Prime Minister announced a delay to his original road map out of restrictions.
The chairman of JD Sports has said that shareholders “may well” vote against the £4.3 million bonus that the company is set to award him despite taking Government support to furlough its staff.
The shift to comfortable clothes, rather than formal suits and shirts, during the pandemic has hit sales hard at premium fashion and lifestyle brand Ted Baker.
The easing of lockdown restrictions in April helped the UK economy grow at its fastest rate since July 2020 as households returned to high street stores and took advantage of hairdressers reopening, according to new data.
The owners of iconic department store group Selfridges are reported to be considering a £4bn sale of the business.
Zara parent Inditex has said its latest sales are ahead of pre-pandemic levels after benefiting from a surge in online shopping.
The reopening of indoor hospitality on 17 May, 2021, in England and Wales boosted retail sales for the month of May, according the latest data from the BRC-KPMG Retail Sales Monitor.
British Retail Consortium CEO Helen Dickinson was one of a number of business leaders to call for more support for business - including an extension of the rent moratorium - at a meeting of the Treasury Select Committee yesterday.
The further lifting of lockdown restrictions in May 2021 saw more Brits shopping and socialising, as consumer spending rose 7.6% compared to the same period in 2019 – the highest growth recorded since coronavirus restrictions began, according to the latest data from Barclaycard.
Logistics giant Clipper has lifted its long-term trading forecasts after it was boosted by the continued boom in online retail following the pandemic.
Global banking, payments and shopping service Klarna has today launched its new “game changing” Shopping feature, allowing users to Pay in 3 in any online shop directly through the Klarna app, without ever paying more than the price of the product.
JD Sports Fashion has announced it is to sell its wholly-owned Netherlands-based Sports Unlimited Retail (SUR) business to its 50.02%-owned Spanish subsidiary Iberian Sports Retail Group (ISRG) for €16.5m.
Etsy has announced it has signed a definitive agreement to acquire global fashion marketplace Depop, for $1.625 billion.
Non-food shop prices continued to slow in May 2021, with prices falling by 0.8% compared to a decline of 1.7% in April. That’s above the
London landlord Shaftesbury has today revealed its COVID Community Fund, which was established in April 2020, has provided £510,000 of support.
JD Sports has dismissed press speculation that it is actively looking for a replacement for its executive chairman Peter Cowgill.
On 30 June 2021 the moratorium on aggressive debt collection from commercial landlords will end, opening up thousands of retailers to legal action, according to a new survey by the British Retail Consortium (BRC).
Magasin du Nord, the Danish department store owned by collapsed UK chain Debenhams, has been acquired by Germany's Peek & Cloppenburg.