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Retail & High Street

Devon bakery chain goes into liquidation owing more than £1.5m
Employment
Family-owned company had 12 outlets in Devon and Somerset but did not trade during the height of the coronavirus lockdown
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AO half-year revenues up 57% as consumers continue to shop online
Retail & Consumer
AO said they have “seen a lasting step change in online penetration” as sales in Q2 maintained the ‘momentum’ in Q1, despite the rivals reopening bricks-and-mortar stores after lockdown restrictions were lifted
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Pawnbrokers Ramsdens shakes off effects of pandemic to boast £9m profit
North East
The company furloughed workers but made sure they were paid 100% of their wages
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Online giant ASOS sees pandemic profits soar to £142.1 million
Retail & High Street
Customers are buying more carefully and returning less amid Covid-19 restrictions
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Fashion suppliers accused of money laundering and VAT fraud
Fashion
One MP said it could be tip of national scandal amounting to "hundreds of millions of pounds” in lost taxes
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MAPP takes over management of Potteries Centre after Intu admin
West Midlands
Site in Hanley is the latest to be moved to new management after previous owner Intu fell into administration in the summer
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Electricals retailer AO to open first ever in-store ‘experience’ in Middleton
Retail & High Street
The opening is part of a new partnership trial with Tesco, and AO said it’s part of its strategy to reach more customers
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Poundstretcher wants to open 50 new stores in 2021 – despite CVA and store closures in 2020
Retail & High Street
A poster produced by the business suggests it is on the look-out for dozens of new sites to open in 2021
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Round Corner Brewing plans to double in size thanks to lockdown home drinking
Food and Drink
Brewery stepped up sales to shops, supermarkets, and online, when Ƶ pubs and bars were in lockdown
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Priti Patel failing to do enough to stamp out factory sweat shops, says British Retail Consortium
Fashion
"We have not seen any action from Government to bring this injustice to an end"
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Amazon warehouses rated like an 'empty farmer’s barn' for business tax, says peer
Retail & High Street
Business rate reform is needed to level the playing field for High Street shops and online competitors
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Flooring Superstore moves to new HQ as company aims for continued growth
Retail & High Street
County Durham firm has moved to new base in Bishop Auckland with the coronavirus pandemic in mind
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Newcastle shopping centre Eldon Square under new management following Intu collapse
KPMG
Property management company MAPP has been appointed to undertake property management of the shopping centre
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North poised for new lockdown measures - Liverpool bars and pubs set to close
Boris Johnson
"Pubs and bars; Betting Shops, Casinos and Adult Gaming Centres and Gyms will close"
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Merlin continues Torbay multiplex development despite Covid woes
Construction
Cinema chain presses on with work to create large picturehouse in former BHS store even though movie industry is hampered by pandemic
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SW firms struggle to increase sales as Covid nightmare continues
Coronavirus
New Business West survey reveals only 11% of companies are experiencing domestic sales growth
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NatWest says there has been a big jump in East Midlands business activity - but jobs still being cut
Coronavirus
Latest NatWest East Midlands Business Activity Index suggests business confidence at its highest since start of pandemic
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How a Lockdown Diwali is hitting Asian businesses along Leicester’s famous Golden Mile
Retail & High Street
Shops and restaurants are facing big problems due to a loss of customers during the pandemic
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Nottingham lockdown could lead to job losses says Castle Rock brewery boss
Food and Drink
"It is dark days for the trade..... We are six months into this and we paid a heavy price"
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Jaeger and Peacocks owner Edinburgh Woollen Mill Group on the brink of administration
Retail & Consumer
Normal trading "impossible" due to coronavirus impact as boss blames "false rumours" for hitting reputation
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British Land reinstates dividend as retail parks drive recovery
Retail
Property giant says retail sales are now at 90% of 2019 volumes but it has take a £11.6m hit from tenant CVAs and admistrations
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As East Midlands Airport plans job cuts in its passenger areas, cargo operation gears up for busiest Christmas ever
Logistics
“The small corner of North West Leicestershire we occupy is probably the fastest growing jobs area in the East Midlands”
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Double Olympic gold medallist invests in sports data tracking company
Technology
Loughborough-based tech firm INCUS Performance makes wearable sports tracking equipment
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The Very Group returns to profit
Retail & Consumer
In 2019, the group reported a loss before tax of £185.5m
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