By Planet Retail2012-12-20T07:00:00+00:00
Consumer electricals chain Reliance Digital is aiming to ramp up its store count from 104 to 500 by March 2014.
To strengthen back-end operations, the company plans to up its warehouse count from 21 nationwide to one in every state.
Non-essential retailers will be allowed to reopen shops in April, alongside gyms, hairdressers and outdoor hospitality, if strict conditions are met, according to plans set out by the prime minister.
It is hard to believe it was only seven years ago that John Lewis was splashing hundreds of millions of pounds on 20 new department store openings.
Marks Spencer boss Steve Rowe has warned that the “unbearable yoke” of business rates will spark thousands more job losses unless the tax is overhauled by the government.
With both Tesco and Superdry pulling out of international ventures on the same day, Retail Week asks whether UK retail is scaling back its global ambitions.
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
The coronavirus outbreak has sparked fears and headlines worldwide since emerging in the Chinese city of Wuhan at the start of the year.
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