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High street footfall boosted

New figures have shown that footfall declined by 18.8% in January 2023 from December 2022, compared to a rise of 5.8% from November to December. According to retail specialist Springboard, there was also a widening in the gap in footfall compared to 2019 from -10.9% in December to -12.3% in January. However,...

About 2 years ago

Tesco put over 2,000 jobs at risk

More than 2,000 jobs are at risk at Tesco after the supermarket said it is to close all remaining food counters and in-store delis and overhaul its in-store management structure. The move will include reducing the number of team and lead team managers in larger stores which will impact 1,750 staff. The...

About 2 years ago

H&M to close further UK stores

H&M has announced the closure of three more UK stores. The major high street fashion brand says a “rapid change in customer behaviour” is to blame for its decision to shut the doors of some branches. Shops in Hartlepool, Maidenhead and on the Isle of Wight have also been earmarked for closure. It...

About 2 years ago

Tesco acquires Paperchase

Tesco has acquired Paperchase’s brand and intellectual property as part of a pre-pack administration deal. The move follows news this week that the greeting card and stationery retailer was on the brink of collapsing into administration following increased costs and lacklustre sales. However, the deal does not include any of Paperchase’s 106...

About 2 years ago

JD Sports hit by cyber attack

JD Sports is contacting customers who have been affected by a cyber attack that may have exposed their personal details. The incident impacted 10 million people who placed orders between November 2018 and October 2020. Customer names, delivery, billing, email addresses, phone numbers, and the last four digits of bank cards were...

About 2 years ago

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