Giant fashion group Arcadia is believed to be on the verge of the worst UK corporate collapse of the Covid crisis, with the firm expected to go into administration as early as Monday. This would put 13,000 jobs at risk.
In a bid to make the most of final Christmas week trading, Marks & Spencer will extend opening hours to midnight for 400 of its UK stores. The retail giant is also calling for Sunday trading hours to be extended.
Indian garment factories producing goods for major UK retailers are again in the news for exploiting workers and paying "shockingly low" wages, according to the ActionAid charity and a related probe by the BBC.
There's confusion over what retailers that remain open during the English lockdown can and can't sell. The lockdown rules have forced stores, including M&S, Sainsbury’s and Tesco to cordon off parts of their spaces.
M&S made its first-ever loss -- as expected -- in the first half as clothing sales fell. But it highlighted its online leap and how it has speeded up its transformation drive to become a more digital retailer.