Sir Philip Green’s retail empire has been ‘taking tens of millions in government handouts while making staff redundant on the cheap using furlough scheme’ Arcadia made 300 staff redundant and paid then reduced rates, reports say The company, which owns Topshop, accepted millions to pay furloughed staff Staff at Arcadia Group were told by an … Read more
The slow return of the high street: Official footfall figures show town centres are rebounding more slowly than shopping malls and more than one in 10 workers is STILL on furlough leave Footfall in retail streets has stagnated in recent weeks according to the ONS But out-of town retail parks and urban shopping centres have … Read more
Britain’s retailers have cut jobs at the fastest rate since the financial crisis in 2009 and could see yet more job losses in the coming months, a report has revealed. A survey by the Confederation of British Industry (CBI) found the employment balance, which measures the number of retailers laying off and hiring staff over … Read more
Shoppers tired of being holed up at home helped retail sales rise to pre-pandemic levels last month, new official figures have revealed. Retail sales volumes swelled by 3.6 per cent between June and July, which is 3 per cent higher than levels seen in February. But, in a sign of how hard enforced temporary closures … Read more
River Island will axe 350 retail staff a month after slashing 250 head office roles in latest jobs misery for Britain By Dan Sales For Mailonline Published: 13:05 BST, 14 August 2020 | Updated: 13:53 BST, 14 August 2020 River Island has announced it will slash 350 jobs in a major store management shake-up – … Read more
Despite the chaos the coronavirus crisis has reaped on global markets this year, the US has been by far the best performer of 2020. From 31 December 2019 to 7 August 2020, the S&P 500 has delivered 5.3 per cent compared to an 18.3 per cent loss from the UK’s FTSE All Share and a 6 … Read more
Melissa McCarthy indulges in some retail therapy with lookalike daughter Vivian, 13, in Byron Bay ahead of filming Nine Perfect Strangers By Monique Friedlander For Daily Mail Australia Published: 07:55 BST, 11 August 2020 | Updated: 08:06 BST, 11 August 2020 Melissa McCarthy is making the most of her family trip to Byron Bay before … Read more
High Street retailers staggered back into growth in July but face a long uphill battle to return to their pre-coronavirus normal, news figures revealed today. Sales for the year to July were up by just 4 per cent as shoppers returned, according to a closely watched survey from the Confederation of British Industry (CBI). The … Read more
Kendall Jenner cuts a sporty look in baby blue as she steps out for some retail therapy in Malibu during break from quarantine By Glenn Garner For Dailymail.com Published: 00:19 BST, 26 July 2020 | Updated: 00:54 BST, 26 July 2020 Kendall Jenner hasn’t stepped on a runway since before going into lockdown back in … Read more
Apple will close seven retail stories in Texas just weeks after re-opening them due to a new surge in COVID-19 cases Less than a month after re-opening, Apple will close seven stores in Houston The closures come as new COVID-19 cases surge in and around Harris County Apple has now re-closed 18 of the 100 … Read more