Card Factory chief executive to step down
June 29, 2020 9:40 amCard Factory has announced that Karen Hubbard will step down as chief executive at the end of this month. The greeting cards retailer has already begun a search... View Article
General Merchandise News
Microsoft to close physical retail stores
June 29, 2020 8:28 amMicrosoft has announced that it will be closing all of its physical retail stores as it looks to serve customers online and from its corporate locations instead. The... View Article
Oliver Bonas secures £3.5m through Covid-19 business interruption scheme
June 29, 2020 6:35 amOliver Bonas has obtained £3.5 million of additional funding from HSBC UK as part of the Coronavirus Business Interruption Loan Scheme. Having also accessed the government’s furlough scheme... View Article
Pepco Group profit impacted by Covid-19
June 23, 2020 3:44 pmPoundland owner Pepco Group saw its revenue increase by 9.7% in the six months to the end of March, although pre-tax profit was down 16.3% to... View Article
Mothercare to move to smaller head office
June 23, 2020 6:14 amMothercare has unveiled plans to move its head office to a smaller and more cost effective site in early August. The retailer has also agreed terms for a... View Article
Studio Retail says trading is well ahead of last year
June 22, 2020 7:29 amStudio Retail has said trading has been well ahead of last year in the first eleven weeks of its new financial year. Sales increased by 55%... View Article
DPD to create 6,000 new jobs in response to boom in online shopping
June 22, 2020 6:32 amDPD is to create 6,000 new jobs across the UK as a result of the boom in online shopping due to the Covid-19 crisis. The new jobs will... View Article
Consumer confidence sees uptick in June
June 19, 2020 10:16 amNew figures have shown that consumer confidence bounced back in June following a significant decline in April due to the outbreak of the Covid-19 pandemic. GfK’s... View Article
Industry bodies issue call to extend protection from rent enforcement activity
June 19, 2020 8:49 amOrganisations representing over 80,000 members from across the retail, leisure and hospitality sectors are urging the Government to take steps this week to extend protection from... View Article
