Long Tall Sally Closes After 45 Years Due to Retail Economics and Pandemic Impact
Long Tall Sally, a women's fashion retailer, announces its closure after 45 years in business due to challenging retail...
Monthly Archives: June 2020
Tesco Sells Polish Arm to Salling Group A/S for £181m, Focuses on Central European Markets
Tesco has confirmed the sale of its Polish business to Salling Group A/S for a total value of £181m....
Supreme Court Rules Against Mastercard and Visa in Interchange Fees Case
UK's top retailers may receive billions in compensation from Visa and Mastercard after the Supreme Court ruled they breached...
Supporting Independent Retailers: The Retail Mutual’s #OpenForBusiness Campaign
In a bid to support independent businesses, The Retail Mutual has launched an Open for Business social media campaign...
Forever 21 Reboots UK Presence with Online Store and Global Expansion Strategy
Forever 21 has made a comeback in the UK market with the launch of its new online store, offering...
Debenhams Expands Reopening Amidst Covid-19 Challenges
Debenhams, a department store chain, has announced the reopening of 38 more stores in England after successfully reopening 50...
Boohoo Acquires Oasis and Warehouse, Reports Strong Trading Amid Pandemic
Boohoo acquires Oasis and Warehouse online businesses for £5.25m, boosting its portfolio and expecting significant earnings growth. Despite pandemic...
UK E-commerce Sales Boosted by Covid-19 Pandemic
In the wake of the Covid-19 pandemic, UK e-commerce sales are expected to surge by £5.3bn this year, reaching...
Retail Footfall Soars 41.7% as Shoppers Embrace High Streets
High street footfall surged 51.7% yesterday, according to retail experts Springboard, with non-essential shops reopening driving a decline of...
Joules Predicts £3m Loss Amid Pandemic Impact
Fashion retailer Joules predicts a loss of £2m to £3m for its 2020 financial year due to the coronavirus...