One of the most distinctive landmarks in central London retail is up for sale. The former Topshop flagship on Oxford Circus, the jewel in crown of the dismantled Arcadia Group empire, is valued at around £420 million.
There’s a "long and challenging road ahead” for non-essential Scottish retail. That’s according to the Scottish Retail Consortium whose latest sales show there’s much catch-up work to be done after the 26 April opening.
Joules has ended its search for a new chief financial officer, appointing Caroline York to the post. She joins the family lifestyle retailer no later than September from price comparison business Moneysupermarket Group.
British consumers cut back heavily on spending as they spent a second month in a Covid-19 lockdown in February but confidence in the economy hit a 12-month high, payment card firm Barclaycard said on Tuesday.
More than 400,000 high street retail jobs could be lost as more people will continue to work from home and shop online after the coronavirus pandemic. That’s the grim outlook in a study by accountancy firm KPMG.