Retail Sector Sees 60% Increase in Administrations in H1 2022
In the first half of 2022, the retail sector saw a 60% increase in business administrations compared to last...
Discover the future of retail news curation with our app, designed to bring you personalized retail news and insights exactly how and when you want them. Our innovative platform filters out the noise, allowing you to focus on what truly matters to you in the retail world.
Key Features:
Our app is more than a news aggregator; it’s a comprehensive tool for retail professionals, enthusiasts, and anyone interested in the evolving retail landscape. With features like custom alarms and the ability to generate video content on demand, staying informed and ahead in your field has never been easier or more enjoyable.
Whether you’re in the industry, an enthusiast, or simply keen to stay ahead in the retail game, our app is your go-to source for retail news. Tailored to your preferences, receive the latest with less effort and more precision. Download now and transform how you stay informed in the retail space.
acquisition administration Aldi Amazon Asda Asos Boohoo British Retail Consortium CEO cost-of-living crisis COVID-19 e-commerce EBITDA expansion footfall Frasers Group growth inflation investment JD Sports John Lewis Lidl London M&S Mike Ashley Morrisons Next online sales pandemic partnership profits retail retailer retailers retail sales revenue revenue growth revenues Sainsbury's sales sales growth store closures sustainability Tesco UK
In the first half of 2022, the retail sector saw a 60% increase in business administrations compared to last...
In 2019, the number of companies falling into administration in England and Wales increased by nearly 5%, with a...
In 2018, retail insolvencies increased by 6% compared to 2017, with 125 retailers entering administration and a 52% rise...
In a recent report by credit firm Creditsafe, bad debt owed to UK retailers has skyrocketed by 2464.5%, reaching...
In the past year, 153 estate agents went insolvent, up from 148 the previous year, as online agencies like...
In a recent analysis by Deloitte, the number of retailers entering administration increased by 28% from 92 in 2016...