Summary The revenue of Dixons Carphone decreased by 3 per cent in FY19-20 to £10,170 million, in comparison with £10,433 in FY18-19 The retail revenue for the Burberry Group was down by 45 per cent to £257 McCarthy Group's r...
Summary Around 5,300 job losses have been announced by Boots, and John Lewis Boots would be cutting down 7 per cent of its workforce, reducing its employee count by 4,000 John Lewis will close eight of its 50 stores permanently, which would re...
As the novel coronavirus washed up on the shores of the United Kingdom, high-street retail stores closures intensified across the nation. The detrimental consequences for these retailers further affected the investor sentiment, at a time when the pan...
Summary The fashion retailer is accused of spreading corona infections inside its factories Boohoo Group is likely to carry out an investigation on the accusations The greed of the businesses should not act as a catalyst for another wave of t...
As the UK braces up for a relaxed lockdown from 4th July 2020, the Prime Minister latest tweet asked the citizens to stay vigilant and to maintain social distancing. The Prime minister also said that the UK is ready to leave the European Unio...
The rising cases of coronavirus cases worldwide restrained the FTSE-100 index for the second straight day as the index opened in red, and it was trading down by 0.34 per cent at 6,102.61 (as on 25th June 2020 before the market close at 1.21 PM GMT+1)...
The British Retail sector had marked a much-improved performance in the month of May 2020 compared to April when the Lockdown was still in place. The British Retail Consortium, the industry body of retail companies in the United Kingdom, has come o...
After a historic rally, the Global markets are set to retreat today (before the market close on 9th June 2020). The market sentiments were stimulated by the following major triggers: The retail sales in the UK fell sharply again in May, albeit the...
The consumer confidence levels in the United Kingdom continue to be at a decade low level, GfK (Growth from Knowledge), in a survey conducted in the country has found that the sentiments of average British consumers are at a new low in a decade since...
Summary Shop prices in UK fell by a worrisome 2.4 percent during 1-7 May 2020, as per a BRC survey Food is the only category where shop prices have risen Clothing and furniture lead the fall Shop prices in the United Kingdom have fallen b...
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