Thursday, February 20, 2020
Burberry store closures coronavirus Marco Gobbetti Julie Brown

Burberry says coronavirus impact “more serious” than Hong Kong protests

Burberry has closed 24 of its 64 stores in mainland China as the coronavirus outbreak continues to raise fears.
2,000 business rates appeals filed every week

2000 business rates appeals filed every week

The Valuation Office Agency says almost 2,000 appeals are made on a weekly basis over business rates bills.
Nike John Donahoe store closures coronavirus

Nike the latest retailer to close China stores amid coronavirus fears

Nike has temporarily shut down half of its stores in China as the coronavirus outbreak continues to raise fears.
Boxpark in talks to secure investment for rapid expansion plans

Boxpark in talks to secure investment for rapid expansion plans

Boxpark has revealed further details of its ambitious expansion plans as it confirmed that it was close securing investment.
352 jobs at risk as Ikea mulls closure of Coventry store

352 jobs at risk as Ikea mulls closure of Coventry store

Ikea has announced plans to shut down its Coventry store this summer, potentially affecting 352 employees.
Poundland Pepco Group Advent International

£3.8bn takeover of Poundland owner Pepco Group on the cards

Poundland's former owner Advent International has teamed up with two rival private equity firms for a planned takeover
Forever 21 bankruptcy administration

Forever 21 secures £62m deal to sell US assets

Control of collapsed fast-fashion retailer Forever 21 has been handed over to a consortium of creditors led by US property
Allbirds it set to open the doors to its second bricks-and-mortar store in the UK later this month. Located on 46 Marylebone High Street, the store will open on February 20, just a year after opening its first London space in Covent Garden.

Allbirds continues to invest in physical retail with second UK store

Allbirds it set to open the doors to its second bricks-and-mortar store in the UK later this month.
All of Hawkin's Bazaar stores now shut down

All of Hawkin’s Bazaar’s stores now shut down

Hawkin's Bazaar closed down all of its stores over the weekend as part of the administration process.
Fenwick Westminster council flagship

Fenwick’s London flagship to create office space to raise revenue

The Fenwick flagship in London's Bond Street has seen its plans to convert some of its floorspace into offices approved

Feature Resource

20 Forces Shaping E-Commerce in 2020

Did you know that e-commerce still only makes up 24% of all retail sales?* That means there’s a lot more revenue to come. But with...