UK retail giants John Lewis and Tu Clothing owner Sainsbury’s are asking customers and staff in England to continue wearing face coverings in their stores, despite the government ending its Plan B measures in England.
January retail sales in the UK were deemed “poor” by retailers, with a net balance of -23% from -2% in December and dipping for the first time since September, according to the CBI’s latest Distributive Trades Survey.
Trading continues to improve for Hammerson, the commercial property giant said Thursday. It now expects FY21 adjusted earnings to range £75 million-£80 million, ahead of the minimum of £60 million previously expected.
Next is to open a department store in all but name as it transforms its existing sites in the Atria centre in Watford and also adds a Victoria’s Secret, the lingerie brand for which it holds the UK licence.
Which has been more costly to British businesses, Covid or Brexit? Both, according to ParcelHero. Its research reveals that the “self-inflicted wound” of Brexit has cost UK businesses as much as the Covid pandemic.
With major expansion in the UK and US ahead and an impressive performance across November and December behind it, Wednesday’s trading update for Revolution Beauty Group was a “pleasing" one to deliver.