Northern Ireland Extends Lockdown, Expands Click and Collect Services
In Northern Ireland, lockdown restrictions will continue until April 1st, but non-essential retailers can offer click and collect services...
Monthly Archives: February 2021
Sunak Delays Business Rates Review Amid Calls for High Street Support
Chancellor Rishi Sunak is delaying a final report on the review of business rates, which could include an online...
Online Retail Booms Amid Lockdown, but Overall Sales Plummet
In January, UK retail sales plunged by 8.2%, with non-food stores hit hardest due to heightened restrictions during the...
Arcadia Collapse: £800m Debt and Job Losses
In a shocking revelation, Arcadia, the owner of popular fashion brands Topshop, Dorothy Perkins, and Miss Selfridge, reportedly owes...
Lockdown Hits Charity Retailers Hard in Q4, E-commerce Offers Hope
Charity retailers faced a challenging fourth quarter in 2020, with lockdown restrictions taking a toll on their performance despite...
Moonpig Anticipates Doubled Revenues Amid Valentine’s Day Boost
Moonpig, an online retailer, predicts a near doubling of revenues for the financial year ending April 30th, reaching £173...
Kinnevik Distributes Shares in Zalando to Investors, Boosting Market Share
Zalando, the leading European retailer, has acknowledged Kinnevik's decision to distribute all its shares in the company to investors....
McKesson Considers Selling Lloyds Pharmacy’s UK Operations Amid Industry Struggles
McKesson, the US-based owner of Lloyds Pharmacy, has reportedly hired bankers to explore the sale of its British operations...
Morrisons Unveils Market Kitchen: A New Fast-Food Takeaway in Camden
Morrisons has unveiled its new fast-food takeaway, Market Kitchen, at their Camden branch. The store will officially open with...
Adidas to Sell Reebok, Focuses on Core Brand in New Five-Year Strategy
Adidas is set to begin a formal sales process for its Reebok brand, focusing on strengthening its core business....