Barclaycard saw payments rising last week as stores began to reopen with 6% growth by value compared to the previous week and 8% growth in their volume. And the value of payments in physical shops rose 12%.
Japanese designer Chitose Abe has surrounded herself with her loved ones to pose as models on her brand Sacai’s new e-commerce store. The site launched in Japan on June 19 and will launch for the global market in July.
Footfall researcher Springboard said retail visitor traffic from June 15 up to June 21 rose, but was still weak by normal standards. And the West End continued to reel from the absence of tourists and office workers.
Landlords are reeling from rents having not been paid for months, but the UK government is focused on supporting under-pressure retailers and has extended its ban on evictions for non-payment of rent until the autumn.
The Hut Group, the beauty giant that’s big and getting bigger at speed, said on Monday that its THG Ingenuity operation has signed £100 million worth of partnerships with global beauty brands and brand owners.
Germany's leading department store chain Galeria Karstadt Kaufhof will reportedly close 62 of its 172 stores, putting about 5,000 jobs at risk, as part of a restructuring plan aimed at saving the ailing firm.
Value retailer Studio Retail Group had plenty to talk about on Friday as it announced ongoing strong sales during the lockdown and a reduction in its debt level, a feat few have achieved during the coronavirus crisis.