Are short-sellers retail investors’ worst enemy or best friend? It’s been left to hedge funds to stop firms ‘cooking the books’, says ALEX SEBASTIAN By Alex Sebastian for This is Money Published: 14:57 BST, 23 June 2020 | Updated: 14:57 BST, 23 June 2020 The Wirecard scandal has become the latest chapter in a long … Read more
Britain’s retailers are still struggling through the coronavirus pandemic despite a much-needed boost in sales last month compared with the record lows in April – as lockdown turned thriving high streets into ghost towns. Sales volumes in May jumped 12 per cent compared with the previous month, although they were still down 13.1 per cent … Read more
Sara Sampaio rocks a chic summer look in all white as she enjoys some retail therapy in LA during break from quarantine By Glenn Garner For Dailymail.com Published: 01:07 BST, 14 June 2020 | Updated: 09:41 BST, 14 June 2020 Sara Sampaio has been known to serve some stunning looks, and quarantine hasn’t stopped her. … Read more
The wry phrase: ‘When the going gets tough, the tough go shopping’ has taken on a new seriousness in the pandemic. Non-essential stores are to reopen on June 15, an event on which the future of 3.5m jobs depends, along with more than £30 billion of shareholder value. This is the combined market value of … Read more
A 23-year-old retail manager from Melbourne has revealed how she fell into the grips of a shopping addiction where she was spending ‘almost all’ of her salary in days and then had to live on less than $50 for a fortnight before she got paid again. Natasha Djuric said she has had an ‘itch’ for … Read more
Retail sales plummeted by a FIFTH in April as Britons stopped buying fuel and clothing amid coronavirus lockdown – but purchases of alcohol were UP By James Tapsfield, Political Editor For Mailonline Published: 08:54 BST, 22 May 2020 | Updated: 08:54 BST, 22 May 2020 Retail sales plummeted by nearly a fifth last month as … Read more
Leaks suggest Apple’s mysterious augmented reality glasses, ‘Apple Glass’ will retail starting at $499 Apple’s AR glasses will reportedly retail starting at $499 The glasses will come with plastic frames instead of metal They will also work in tandem with a user’s iPhone Processing will happen on the phone instead of the glasses By James Pero … Read more
A lack of retail experience at the top of the newly-emerging board at the John Lewis Partnership risks putting the group at a further ‘disadvantage’ in the cut-throat world world of department stores, a leading retail analyst has claimed. Speaking to This is Money, Richard Hyman said: ‘If knowledge and experience has any value at … Read more
Number of visits Britons made to shops plunged by massive 80% last month as country followed strict lockdown rules By Francesca Washtell For The Daily Mail Published: 21:52 BST, 10 May 2020 | Updated: 21:52 BST, 10 May 2020 The number of visits Britons made to shops plunged by an massive 80.1 per cent last … Read more
FTSE CLOSE: Aviva to axe 1,800 jobs; Ford to close Bridgend plant; Fiat Chrysler walks away from Renault merger Insurance giant Aviva to cut 1,800 jobs in a bid to save £300million Fiat Chrysler has shelved its ambitions to merge with Renault Sales at fashion firm Joules rose 17% to £218million in its last full … Read more