Positive news from retail landlord Landsec continues on the rent collection front. The commercial property giant said Friday that, as of 12 October, 85% of the £89 million net rent due on 29 September had been paid.
Johnson & Johnson has put into bankruptcy tens of thousands of legal claims alleging its Baby Powder and other talc-based products caused cancer, offloading the potential liabilities into a newly created subsidiary.
Here’s some news the UK high street might not want to hear. Some 21% of Britons think physical retail isn’t worth saving, preferring to do most or all of their shopping online, a new study from Savoo claims.
UK shoppers are browsing online but not buying, the latest IMRG Capgemini Online Retail Index showed on Thursday. But at least they still seem to be focused on fashion with the category staying strong
On Tuesday, Swiss group Givaudan, the world's leading fragrance and aroma manufacturer, reported a sales rise in the first nine months of the year, driven by fine perfumery and a renewed impetus in the catering sector.
A capital markets day is meant to boost a share price as the company concerned talks major investors through its strategy. But in the case of The Hut Group (THG) this week, it had the exact opposite effect.
With supply chain issues to the fore, if you want to know what the footfall forecasts are for UK retail in the critical six-week period covering Black Friday, Christmas, and post-Christmas periods, read on.
Be warned. A hefty 60% of shoppers say that a poor experience on any retail channel will make them less likely to shop again with a brand, according to research from buy-now-pay-later financier Klarna.