30 percent of the world’s biggest fashion companies, including household name brands and department stores, will not survive the pandemic crisis. The findings come from McKinsey’s updated

Some 400,000 jobs could be lost across England’s high streets post-Covid as an acceleration of online shopping and new work-from-home habits are expected to drive down footfall, new research su

Over 250,000 small businesses across the UK are set to fold in 2021 according to findings by the Federation of Small Businesses (FSB). Its latest index shows confidence at its second lowest ebb in th

It is in the interest of all businesses that produce products to sell as much of that product as possible. This is the bottom line. H&M Group’s announcement that its brand Cos will launch

Institutional investor Legal and General Investment Management (LGIM) Real Assets has launched a new blueprint for the future of the high street, which includes rent-free shops, as part of its strate

As the Chinese New Year holiday sweeps Asia this week, the key travel and shopping celebration many retailers have come to see as a sales opportunity, will bypass the UK. London, which in 2019 was vo

Amsterdam - The retail industry is changing faster than at any time in the past 40 years, but the death of the high street is being “overblown”, said Lord Stuart Rose at World Retail Con

Forecasts by global investment group Goldman Sachs show e-commerce will expand by 19 percent over the next three years, an increase of 3 percent comparison to a previous forecast of 16 percent. The

Post Offices across the UK are helping to generate 1.1 billion pounds in additional revenue for the country’s struggling high streets, new research reveals. According to the study by The Public

At the start of the pandemic Primark was one of the first retailers to halt orders and cut production when it was forced to close its 189 UK stores back in March. Despite the three-month lockdown, P

The second quarter of 2021 should have been a time for economies reopening, and all eyes are on the UK and Germany to give an indication of consumer sentiment and retail sales. The UK and Germany Spe

In the UK, the spring summer discounting season is already hailed as the sale of the century. Not since the financial crisis in 2008 has so much product remained unsold. Unsurprisingly retailers are

London -The re-opening of retailers across the UK will be a welcome sign for the economy, but shoppers may be hesitant to return. From mid-June non-essential stores will reopen, but with online shop

Image Credit: Clean Clothes Campaign Bangladesh in 2021 remains a garment manufacturing hub for the world’s leading high street and mid-market brands. It is also a region with a well-documented

The UK has officially fallen into a recession for the first time in 11 years. The economy shrank by 20.4 percent between April and June compared with the first three months of the year, according to

Last August the UK government launched the initiative Eat Out to Help Out Scheme in a bid drive traffic to cafes and restaurants during local lockdown. This year campaigners are calling for a similar

The UK’s shop vacancy rate rose to 13.2 percent in Q3 from 12.4 percent in Q2 amid the ongoing Covid-19 pandemic, marking the ninth consecutive quarter of increasing rates. That increase was ex