Retail News » Covid19

Coming from an industry so hard hit by the Coronavirus crisis, with 180,000 retail jobs lost last year and more predicted for 2021, it is difficult to see any silver linings as we suffer through yet another lockdown. However recent figures show that things are on the up for much of the population, with the number of people on reduced salaries down by 50%...

How innocent we were back in January, making plans for the year ahead. How very long ago it all seems now as we drag ourselves towards the finish line of what has been, for many, the hardest year in living memory. But despite gloomy news about restrictions over Christmas and threats of many areas being relegated back to stricter regulations, there does seem to...

In filing for administration last week, the retail behemoth that is the Arcadia Group became the last in a long line of businesses that the Covid19 crisis has forced into possible bankruptcy. But can the Coronavirus crisis be solely to blame for the fall of this retail empire? The losses of £137.5 million declared in 2019 (down from profits of £119.3 million just 2...