Wednesday, March 3, 2021
Oxford Street lockdown covid-19 pandemic store closures

Will Oxford Street be Top of the Shops after lockdown?

Recognised as one of the world's busiest shopping destinations, Oxford Street has taken a big hit from the Covid-19 (...)
27,000 retail jobs lost in 2021 so far, says Centre for Retail Research Joshua Bamfield

27,000 retail jobs lost in 2021 so far

Retail experts have warned that recent job losses will be the “tip of the iceberg” without further support from the Treasury (...)
FTCT Arcadia Group redundancies

Arcadia Group staff facing redundancy seek charity aid

Former Arcadia Group employees are reportedly requesting for help from Fashion and Textile Children’s Trust (FTCT) after being made redundant since the fashion empire collapsed last year.
business rates holiday Kate Forbes

Scotland announces 12-month business rates holiday extension

The business rates holiday in Scotland is to be extended for a further 12 months for the retail, hospitality, leisure and aviation sectors until March 31, 2022.
High streets at risk of being ‘hollowed out’ without continued support – Labour

High streets at risk of being ‘hollowed out’ without continued support – Labour

Tourist hotspots reliant on the hospitality, leisure and retail sectors are in danger of seeing their high streets “hollowed out” if (...)
IFS Chancellor Rishi Sunak budget

Government urged to phase out furlough support

A new study by the IFS has called for a budget on March 3 which balances the need for continuing Covid-19 support and discouraging people to use it.
Cox & Cox full year sales skyrocket 75% after final quarter surge

Cox & Cox full year sales skyrocket 75%

Cox & Cox has reported another strong year of growth, bolstered by soaring sales in the Christmas quarter and (...)
Burberry hands back £300m BoE loan & £6m in business rates relief

Burberry hands back £300m BoE loan & £6m in business rates relief

Burberry has reportedly volunteered to repay more than £300 million in Covid financial aid to the Bank of England and HMRC (...)
"Save donations until shops are open again" - charity retailers

“Save donations until shops are open again” – charity retailers

The Charity Retail Association has launched a campaign urging the public to stop leaving items outside of closed charity (...)
Lucy Stainton Local Data Company LDC Store vacancy covid-19 pandemic lockdown

London vacancy rates at highest level in five years, research says

The City of London has witnessed a 47 per cent year on year rise in the number of vacant commercial property units, as the Covid-19 pandemic affects store trading.

Feature Resource

The 2021 Fraud Prevention in E-commerce Report

E-commerce risk teams are undoubtedly feeling the weight of 2020’s mass-scale disruption and its impact on consumer behaviors and digital payment fraud. This new...