Retail news

• BRC calls on government to find “pragmatic solution” to French border closure

  20-12-2020 23:12 via retailgazette.co.uk
  // The BRC urges government to find solution as France closes borders to UK
  // France travel ban to UK is expected to last 48 hours from 00:01 on Monday
  // Prime Minister Boris Johnson to hold urgent COBRA meeting today regarding closuresPrime minister Boris Johnson will hold an urgent COBRA meeting today after the UK’s border with France closed on Sunday night.
  The Eurotunnel said it had suspended access to the Folkestone terminal on Sunday due to the mutant strain of coronavirus promptin
  
  Read more

• BRC calls on Gov. to find “pragmatic solution” to French border closure

  20-12-2020 23:12 via retailgazette.co.uk
  // The BRC urges government to find solution as France closes borders to UK
  // France travel ban to UK is expected to last 48 hours from 00:01 on Monday
  // Prime Minister Boris Johnson to hold urgent COBRA meeting today regarding closuresPrime minister Boris Johnson will hold an urgent COBRA meeting today after the UK’s border with France closed on Sunday night.
  The Eurotunnel said it had suspended access to the Folkestone terminal on Sunday due to the mutant strain of coronavirus promptin
  
  Read more

• UK business despairs at new lockdown restrictions

  20-12-2020 17:29
  Calls grow for fresh government support to cushion blow to pre-Christmas trading
  
  Read more

• Rishi Sunak urged to match new UK Covid rules with more economic support

  20-12-2020 13:44
  
  Business leaders say fresh restrictions could lead to further job losses without more helpComment: Rishi Sunak must do more to cushion falloutRetailers call for urgent aid in south and east of EnglandSee all our coronavirus coverageThe chancellor, Rishi Sunak, is coming under pressure to announce a fresh package of emergency economic support for businesses and workers hit by the last-minute launch of tougher Covid restrictions only days before Christmas.It comes as shop owners warn of a fresh cr
  
  Read more

• Advertisement

• Retailers call for urgent Covid aid for businesses in south and east of England

  20-12-2020 13:38
  
  Suspend tax payments for tier 4 leisure and hospitality companies, says industry bodyCoronavirus – latest updates
  See all our coronavirus coverageComment: Rishi Sunak must do more to cushion falloutRetailers are calling on the government to step up financial support for businesses in the south and east of England which have been forced to close in the last days before Christmas.The prime minister announced on Saturday afternoon that non-essential shops and services, including clothing, toy
  
  Read more

• Hammerson to add Dublin listing before Brexit deadline

  20-12-2020 13:26 via retailgazette.co.uk
  // Hammerson is seeking a secondary listing in Dublin in order to maintain a foothold in the EU
  // The property giant is pursuing a listing on Euronext Dublin as Brexit transition period comes to an endHammerson is seeking a secondary listing in Dublin before the UK’s Brexit transition period comes to an end.
  The Bullring shopping centre owner said it was pursuing a listing on Euronext Dublin, as it seeks to guarantee that EU investors will be able to trade its shares on a legall
  
  Read more

• Quiz faces row over composition of its board

  20-12-2020 13:05 via retailgazette.co.uk
  // Quiz faces dispute over the composition of its board
  // Shareholder advisory bodies issue warnings about finance director Gerard Sweeney and chair Peter Cowgill
  // The Covid-19 has “significantly impacted” Quiz’s current financial yearQuiz is reportedly facing a dispute over the composition of its board.
  Shareholder advisory bodies have issued warnings about finance director Gerard Sweeney and chairman Peter Cowgill, who also runs JD Sports, The Sunday Times reported.
  Sweene
  
  Read more

• Asda owners to fund legal challenge against Caffè Nero

  20-12-2020 12:26 via retailgazette.co.uk
  // Asda owners EG Group are offering to fund a legal challenge for landlords against Caffè Nero
  // Owners Mohsin and Zuber Issa have hired CMS to rally property owners to launch a challenge to Caffè Nero’s plan to slash rents
  // As part of the CVA, landlords face losing most of their outstanding rentAsda owners EG Group are reportedly offering to fund a legal challenge for landlords against the coffee chain Caffè Nero.
  The billionaire owners Mohsin and Zuber Issa have
  
  Read more

• Advertisement

• New Tier 4 restrictions to cost retailers £4 billion in lost trade

  20-12-2020 11:58 via retailgazette.co.uk
  // Tier 4 restrictions across London, the southeast and east England may cost retailers up to £4bn
  // Retail chiefs called the new restrictions a “hammer blow” to stores
  // Shops face the loss of more than £2bn a week in sales over the festive fortnightThe new Tier 4 restrictions across London, the southeast and east England may cost retailers £4 billion in lost trade, experts have warned.
  Retail leaders have called the new lockdown a “hammer blow”
  
  Read more

• Ikea throws away instructions in push for bigger India presence

  20-12-2020 03:01
  Retailer blends Scandinavian design with local flavour in attempt to win over country’s shoppers
  
  Read more

Follow @retailuknws on Twitter!