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
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
Philip Green’s Topshop and Burton empire plunges to a £170m loss as it falls behind in ‘dramatically’ changed retail industry Arcadia Group includes Topshop, Topman, Dorothy Perkins, Burton and Wallis Accounts for holding company Taveta show it swung to £170million loss last year Sales across the group slumped by 4.5 per cent to £1.8billion By Emily … Read more
Retail sales reported the sharpest fall on record last month as clothing sales plunged by a third, according to new figures. The Office for National Statistics (ONS) said total sales volumes dived 5.1 per cent as many stores shut their doors in the face of the coronavirus. It added that clothing store sales saw a … Read more
Hundreds of thousands of jobs in the retail sector are at risk of being lost amid the Covid-19 crisis, the British Retail Consortium has warned. Sales at shops across Britain fell to their lowest level on record last month, with worse figures yet to come, the BRC said. With ‘non-essential’ bricks-and-mortar shops shut up and … Read more