Saturday, April 4, 2020
In a bid to save the business amid the ongoing coronavirus pandemic Debenhams is deferring all its concession balances for 30 days.Vansteenkiste stated he regretted the measure but said it was necessary to mitigate the government mandated shut down of the Debenhams store estate.

Debenhams defers concession payments for 30 days

In a bid to save the business amid the ongoing coronavirus pandemic Debenhams is deferring concession balances for 30 days.
Beales' suppliers, employees & landlords owed £17.6m

Beales’ suppliers, staff & landlords owed £17.6m

// Beales’ unsecured creditors are owed around £17.6m, according to a report from administrators // The unsecured creditors includes suppliers, fashion concessions, staff and landlords //...
M&S Marks & Spencer Moody's

Coronavirus: Moody’s downgrades M&S’s credit score

Moody’s has downgraded Marks & Spencer’s credit rating as the coronavirus outbreak is expected to affect the company's outlook
Mike Ashley apologises to staff for handling of Frasers Group's coronavirus response

Mike Ashley apologises to staff for handling of Frasers Group’s coronavirus response

// Mike Ashley writes open letter apologising to staff for how Frasers Group has handled coronavirus response // "Our emails to the government were ill-judged...
Fenwick has temporarily closed its e-commerce operation due to the ongoing coronavirus pandemic and tighter Government measures.This comes after the Prime Minister ordered all shops selling "non-essential" goods to close to stop the spread of the covid-19.

Coronavirus: Fenwick suspends ecommerce operations

Fenwick has announced the temporary suspension of its e-commerce operation due to the COVID-19 crisis.
In a bid to save the business amid the ongoing coronavirus pandemic Debenhams is deferring all its concession balances for 30 days.Vansteenkiste stated he regretted the measure but said it was necessary to mitigate the government mandated shut down of the Debenhams store estate.

Debenhams the latest to temporarily shut stores amid coronavirus crisis

// Debenhams joins fast-growing list of retailers that are temporarily shutting stores amid coronavirus pandemic // It had previously requested a rent holiday from landlords...
Debenhams mulls more stores closures & rent cuts under CVA

Debenhams mulls more stores closures & rent cuts under CVA

Debenhams has reportedly mulling further rent cuts and additional store closures as part of its ongoing CVA.
Coronavirus: Waitrose & John Lewis unveil new measures to assist NHS staff

Coronavirus: Waitrose & John Lewis unveil new measures to assist NHS staff

From tomorrow, its network of Waitrose shops will set aside a proportion of hard-to-find items exclusively for NHS staff.
New Look, H&M, River Island, The Body Shop, Monsoon, and others join list of retailers temporarily shutting UK stores

New Look, H&M, Harrods, Zara join growing list of temporary store closures

New Look, H&M, River Island, Reiss, Harrods have joined a rapidly-growing list of retailers temporarily shutting their UK stores.
Coronavirus: John Lewis to close all 50 stores temporarily

Coronavirus: John Lewis to close all 50 stores temporarily

The John Lewis Partnership has announced it will temporarily close all 50 of its department stores.

Feature Resource

7 best practices for selling on marketplaces

To sell more online, you must have a marketplace presence. Of course, you already know this. What you may not be aware of is the...