Retail news

• Parcel thefts from UK doorsteps soaring, new figures reveal

  08-07-2023 08:00
  
  ‘Porch piracy’ increase put down to people returning to offices and fallout from Royal Mail strikesOnline shoppers are being advised to opt for named-day delivery services, or consider collecting their package, in the wake of a surge in doorstep parcel thefts. The problems are being blamed on the fallout from the Royal Mail strike, and the return to the office.The number of claims for missing parcels jumped by 59% in the year to June compared with the previous 12 months, according to
  
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• Wilko seeks new funding as it plots CVA

  08-07-2023 00:42 via retailgazette.co.uk
  
  Wilko is racing to secure fresh funding as it prepares to push ahead with its restructuring plan.
  The struggling value retailer is working with advisers as it strives to raise tens of millions in additional equity.
  It comes as Wilko works with property firm CBRE to pull together plans to undertake a CVA in order to reduce store rents. 
  The retailer and its advisers at PwC have approached a number of potential specialist distress investors this week for funds to support its plans, according
  
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