Selfridges has actually informed personnel it prepares to cut 450 jobs – around 14% of its overall. headcount – with yearly sales set to be “significantly less” than in 2015 due to the pandemic. Handling director Anne Pitcher stated high streets were altering even prior to COVID-19 and the upmarket merchant has actually now been […]

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General retail sales have actually returned to a comparable level as prior to the coronavirus pandemic after 2 months of boosts, official figures show. Nevertheless, most current information launched by the Office for National Stats (ONS) exposes a blended photo for various store types. In June, the volume of retail sales increased by 13.9% when […]

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The volume of retail sales in April fell by a record 18.1% as stores were required to close their doors due to the coronavirus lockdown. The figures from the Office for National Data follow a 5.2% fall in March, which was a record at the time and came as numerous UK retail services closed down […]

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