Retail news

• How the crisis in UK retailing is reshaping employment

  29-09-2019 23:00 via ft.com
  Thousands of jobs have been lost due to rise of ecommerce, with women particularly hard hit
  
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• Miss Selfridge reports £17.5m loss as store closures continue

  29-09-2019 20:32
  Sir Philip Green’s Arcadia plans to move retailer mostly online as part of restructuringSir Philip Green’s Miss Selfridge chain posted a £17.5m loss last year as sales fell and it wrote down the value of loss-making stores.Sales at the youth fashion chain fell more than 15% to £102m in the year to 1 September 2018, while pretax losses more than quadrupled from £4.3m a year before.The history of Arcadia GroupWhat’s the problem? Continue reading...
  
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• Tesco has it tough enough already without a no-deal Brexit

  29-09-2019 00:59
  In a fiercely competitive market, the last thing the supermarket chain needs is lettuces left to wilt at a hard border with the EUWhen Tesco reports first-half results on Wednesday there will be less than a month to go until the Brexit deadline on 31 October. The law says the government must seek an extension if no deal is agreed by 19 October but Boris Johnson and his allies are trying to find ways around this.Tesco’s results will be an opportune occasion to ask Britain’s biggest gr
  
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