Retail news

• Retailers brace for surge in demand as lockdown nears completion

  22-11-2020 14:25 via retailgazette.co.uk
  // Retail bosses prepare for surge in demand if England lockdown is lifted on December 3
  // Non-essential retail temporarily closed on November 5 due to rising Covid-19 cases
  // Crowds have been flocking to stores in Wales since they reopened on November 9Retail executives have reportedly said they are preparing for a surge in demand if the government allows non-essential services to reopen in England on December 3.
  The government implemented a four-week national lockdown on November 5, which sa
  
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• In The Style eyes £100m stock market flotation

  22-11-2020 14:01 via retailgazette.co.uk
  // In The Style is mulling a stock market listing
  // The listing could value the online retailer at over £100m
  // A flotation on the Aim market early next year is understood to be the preferred resultIn The Style is considering a stock market listing, which could value the online fashion retailer at more than £100 million.
  The company, founded by Adam Frisby, has hired investment bank Liberum to investigate its options.
  A flotation on the Aim market early next year is understood to b
  
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• Retailers brace for surge in demand as English lockdown nears end

  22-11-2020 13:32 via retailgazette.co.uk
  // Retail bosses prepare for surge in demand if England lockdown is lifted on December 3
  // Non-essential retail in the country temporarily closed on November 5 due to rising Covid-19 cases
  // Crowds have been flocking to stores in Wales since they reopened on November 9Retail executives have reportedly said they are preparing for a surge in demand if the government allows non-essential services to reopen in England on December 3.
  The government implemented a four-week national lockdown on Novem
  
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• Frasers Group warns Edinburgh Woollen Mill administrators against “unfair” deal

  22-11-2020 13:06 via retailgazette.co.uk
  // Frasers Group warns Peacocks, Jaeger and Edinburgh Woollen Mill administrators they should avoid giving a preferential deal to former owners of the group
  // Peacocks and Jaeger entered administration this week, putting over 4500 jobs at risk
  // EWM went into administration earlier this month alongside Ponden Home, putting 2800 jobs at risk
  // The brands are owned by Edinburgh Woollen Mill GroupMike Ashley’s Frasers Group has reportedly warned administrators to Peacocks, Jaeger and Edinb
  
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• Has Britain’s second largest city reached breaking point?

  22-11-2020 10:15
  
  Covid-19 has dealt a heavy blow to Birmingham’s glitzy city centre led by retail – and it’s revealing other deep fault linesWhen Andy Street wants to show off the best of Birmingham to visitors up from London, the Conservative mayor of the West Midlands starts his tour in Centenary Square, a public space the length of two football pitches. To the west stands the International Convention Centre (ICC) and the Symphony Hall; to the north, the Birmingham Rep theatre and the new Lib
  
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• Secondhand no longer second-best for UK's 'circular economy' consumers

  22-11-2020 10:00
  
  During lockdown, the thoughts of many have turned to reducing waste and recycling, writes Shane HickeyFurloughed from her hospitality job during the first lockdown, Hannah Russo was trying to sell her child’s baby clothes when she found many other mothers trying to do the same. From there has come Babybundle, a website where parents can buy and sell bundles of often unused clothes to each other.“Many mums are gifted baby clothes, or have seen how quickly their babies outgrow clothes,
  
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• Online Black Friday will be a stiff test for the virtual high street

  22-11-2020 01:00
  
  … but a ‘seismic’ shift in Covid shopping habits will mean a cold Christmas for the actual high streetCoronavirus may be doing its best to cancel Christmas but, for the time being anyway, shoppers are carrying on regardless, with this week’s Black Friday online sales expected to reach new heights.In previous years, store chiefs have agonised about the impact on their high street chains of the US-inspired discount event, which arrived on British shores with a bang in 2013
  
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