Britain’s high streets are rebounding at a slower rate than shopping centres, according to new figures which show how the reluctance of staff to return to workplaces is harming businesses. Footfall in town and city centre streets has stagnated in recent weeks, figures from the Office for National Statistics (ONS) revealed this morning. At the … 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
Raven-Symoné indulges in some retail therapy at Gucci on Rodeo Drive amid Los Angeles’ sweltering heat wave By Deirdre Simonds For Dailymail.com Published: 07:49 BST, 19 August 2020 | Updated: 08:07 BST, 19 August 2020 Raven-Symoné attempted to beat Southern California‘s sweltering heat wave by indulging in some retail therapy on Rodeo Drive in Beverly Hills. After appearing … Read more
River Island will axe 350 retail staff a month after slashing 250 head office roles in latest jobs misery for Britain The high street firm said jobs would go in the major store management shake-up Bosses and senior sales roles will be lost in restructure of its retail team Move comes after 250 head office staff … 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
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: 16:38 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
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