Matalan And Poundstretcher Under Pressure From Their Landlords
Landlords are this week ratcheting up the pressure on businesses to pay rent during the lockdown by issuing winding up orders even against the...
Debenhams Agrees Deal To Rescue Most Of Its Stores
Days after entering administration, Debenhams has struck deals with landlords that will enable it to reopen almost all of its 142 stores once the...
Irish Consumer Sentiment Weakens Sharply
Irish consumer confidence has unsurprisingly seen a sharp fall to rock-bottom levels as a result of the coronavirus outbreak.
The KBC Bank Ireland consumer sentiment...
Data Confirms Retail Sales Slump
Somewhat unsurprisingly, retail sales experienced a record fall last month as the government’s coronavirus lockdown measures took hold.
Figures from the British Retail Consortium and...
John Lewis Launches Virtual Services To Meet The Needs Of Shoppers...
John Lewis is looking to stay connected with its customers while its department stores are closed during the coronavirus outbreak by launching some of...
Retail Footfall Plummets Over Easter
Somewhat unsurprisingly, footfall across UK retail locations plummeted by 83.1% year-on-year over the Easter weekend amid the coronavirus lockdown.
The figures from Springboard also show...
Next Shuts Website For The Day Only Hours After Reopening
Next reopened its website on Tuesday, only to shut it again less than two hours later after meeting its daily order target.
Read the full...
Debenhams Appoints Administrators; Irish Unit Shut Permanently
As flagged at the start of last week, Debenhams has now appointed administrators in order to protect its UK business from the threat of...
Private Equity Firms Could Snap Up Weakened Retailers
Some of the UK’s best-known retailers could be vulnerable to takeover bids from private equity firms after suffering downgrades in their value due to...
Boots Temporarily Closing Some Stores; Facing Legal Action Over Unpaid Rent
Boots is temporarily shutting 60 of its 2,400 stores this week in order to redeploy pharmacists to busier branches during the coronavirus outbreak.
The group...