After an almost impossible year for the majority of retail firms, it's no wonder their struggles continue to hit the headlines.
The pandemic has resulted in thousands upon thousands of job losses, with the entire face of the high street set to change as a result.
It's not been negative for all however, and a switch in the way we shop has seen online giants such as Boohoo and Asos thrive.
Despite the 海角视频 having been locked down since January meaning no non-essential shops allowed to open, there's been a surprising amount of activity in recent days.
Here are 11 updates detailing the biggest stories from the high street that you may have missed from this week:
1. Retail sales rebound as shoppers buy online
Retail sales bounced back to growth last month following a bleak January as swathes of high-street stores remained shut, according to new figures.
The BRC-KPMG retail sales monitor for February revealed that total 海角视频 sales increased by 1% against the same month last year.
It came after trading slid in January after non-essential stores were temporarily shuttered as part of the latest nationwide lockdown, as PA reported.
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Food sales continued to show strong growth as supermarkets and grocers were among essential stores to still welcome customers.
Food sales increased 7.6% on a like-for-like basis over the three months to February.
2. Losses at John Lewis exceed £500m - but store closures decisions are delayed
The retail giant on Thursday posted losses of more than £500m and warned that worse is to come - but it has postponed an expected announcement on store closures for a few weeks.
In what it described as “one of the most challenging in the Partnership's history”, preliminary results for the group for the year ending January 30 show a loss before tax of £517m.
The losses were attributed mostly to a write-down in values for its stores as the retail market shifted online.
A rumoured announcement of up to eight store closures did not materialise, though it is now expected by the end of this month.
3. Profits fall more than half for Morrisons as costs mount in pandemic
Supermarket chain Morrisons also posted results on Thursday, revealing that profits were cut by more than half over the past year after it was hit by £290m in pandemic-related costs.
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The Bradford-based firm has told investors that profits before tax and exceptional costs slid by 50.7% to £201m for the year to January 31.
It said that group like-for-like sales, excluding fuel and VAT, jumped by 8.6% as it was buoyed by strong grocery demand, with 9% growth in a strong final quarter.
4. Mike Ashley's retail empire 'to cut 300 jobs'
Mike Ashley’s retail firm Frasers Group is set to cut more than 300 jobs at Evans Cycles amid moves to slash costs, it has been reported.
The billionaire owner of Newcastle United and a string of high street names including Flannels, House of Fraser and Sports Direct is said to making the job cuts alongside moving remaining shop workers on to zero-hours contracts.
It has been reported that Evans Cycles has told staff that up to half of the workforce in many stores is set to go, while managers are to work extra hours, moving from 40-hour a week contracts to 45 hours.
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5. Next Plc takes £200m stake in fashion rival Reiss
Next Plc is taking a 25 per cent stake in the Reiss high street fashion chain in a deal estimated to be worth around £200 million.
Next chief executive Simon Wolfson said they had decided to strike a strategic partnership with the brand because of what he called its huge potential.
Once the move is cleared, his company plans to invest £33 million into Reiss and pay off £10 million of debt in order to help it grow.
6. Terry Boot replaces Peter Foot as Shoe Zone FD
It would have been pretty difficult to miss this story from Shoe Zone - as Terry Boot replaced Peter Foot as finance director.
Mr Boot joins after four years working with jewellery buying group The Company of Master Jewellers, where he was interim FD and then chief executive.
Before that he spent almost 20 years in senior roles at Brantano and Jones Bootmaker.
7. Online women's fashion brand Sosandar bags M&S deal
Online women's fashion brand Sosandar has signed a new partnership with Marks & Spencer.
The Wilmslow-headquartered listed company has entered into an agreement to sell a curated collection of its products through M&S as a third-party online retailer.
A selected range will begin to be sold on M&S' online platform from late March, followed by regular drops of new products over future months.
8. Zara owner sees profits slide 70%
Zara owner Inditex has said that profits have plunged after surging online sales failed to offset the impact of enforced store closures and weak demand.
The Spanish fashion giant, which also runs the Bershka and Pull & Bear chains, told investors on Wednesday that net profits slid by 70% to 1.1 billion euro (£940 million) in 2020 in a heavier decline than previously predicted as PA reported.
The group said this slump was driven by lower sales, with total revenues falling by 28% to 20.4 billion euro (£17.5 billion) due to closures.
9. DFS expects fresh surge in demand when lockdown eases
Furniture company DFS is forecasting another release of pent-up demand in the coming months as lockdown eases.
The retailer said on Tuesday that its profits more than quadrupled in the six months to the end of December, PA reported.
Before tax, profit hit £72.1 million, up from £15.9 million a year earlier, on revenue of almost £573 million, up 17%.
A surge in demand in coming months would mirror the start of that period, when the country came out of its first lockdown.
The company's growth in the first half of the financial year also continued throughout the period, with the order book currently £65 million ahead of where it was this time last year.
10. In The Style raises £11m ahead of AIM float valuing business at £105m
Online womenswear fashion brand In The Style has raised £11m through a share placing ahead of its float on the London Stock Exchange's AIM market while a further £49m has been secured for existing investors.
As a result, the firm will have a market capitalisation of about £105m.
The Salford-headquartered company has outlined its proposed admission to trading on AIM and its conditional placing of 5.5million new ordinary shares of 0.25p each and 24.5million existing ordinary shares, both at a price of 200p per share with institutional and other investors.
The placing was "significantly oversubscribed", enabling the business to increase the number of sale shares available to new investors and to set the placing price at the top of the valuation range.
11. Fashion giant behind Jacamo, Simply Be and JD Williams moves to eco-friendly packaging
A Manchester-headquartered fashion giant, which is behind the likes of Jacamo, Simply Be and JD Williams, has moved to eco-friendly packaging.
N Brown Group plc has shifted its delivery packaging to GreenPolyethelyne (Green PE) despatch bags in a move which has improved sustainability while reducing its carbon footprint.
The move is part of the company's four-year sustainability plan and follows the announcement in November 2020 of its commitment to the BRC Climate Action Roadmap.