Sir Philip Green’s fashion empire Arcadia is no more, with its famous brands, including Topshop, carved up by online retailers leaving behind a ghost chain of 500 shops. The sale to Boohoo of its last three high street names – Dorothy Perkins, Wallis and Burton – was confirmed this week. …
Read More »Catalogues make a comeback in UK amid festive Covid curbs | Business
High street retailers and websites in the UK are returning to traditional catalogues and leaflets to grab the attention – and spending power – of shoppers stuck at home during the biggest shopping period of the year. With most stores closed and a large proportion of people working from home, …
Read More »Which London shops are staying open during lockdown?
R etail bosses today hit out at the “arbitrary” distinctions being drawn up to decide which shops and venues can remain open through England’s four-week lockdown as the hit to “non-essential” shops was estimated at £8billion. Tom Ironside, director of policy for the British Retail Consortium which represents more …
Read More »Amazon to suspend non-essential shipments to UK and US warehouses | Business
Online retail giant Amazon is stopping sellers from sending non-essential items to its UK and US warehouses until 5 April, to make space for vital items needed by its customers during the coronavirus outbreak. Amazon wrote to its third-party sellers, some of whom use the company’s logistics to store and …
Read More »CBI is wrong to see cost as big issue in Labour’s nationalisation plans | Nils Pratley | Business
The Confederation of British Industry is barking up the wrong tree when it howls about the “eye-watering” cost of Labour’s nationalisation plans, which it puts at almost £200bn. Of all the arguments against nationalisation – and there are many strong ones – the claimed upfront cost is the weakest. The …
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