In shock news, Tesco said it is to close its Tesco Direct non-food webstore, which sells clothing, homewares, furniture, electricals, toys, health & beauty and more, after conducting a review of the lossmaking business.
In another blow to the UK high street, Marks & Spencer has proposed more closures as part of its transformation strategy. Bayswater, Darlington, East Kilbride, Falkirk and Kettering will be amongst the towns affected.
The luxury brand will take up residence in Covent Garden's Mercer Walk for the next weeks in its first ever pop-up venture. The 3,800 sq ft pop-up space will combine a shop, garden, event space and weekend supper club.
Intu is investing an additional £13m in Intu Watford to replace existing flooring, ceilings and lighting, and upgrade the car parks. The makeover is expected to be ready in time for the launch of the centre’s extension.