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.
Boots is cutting 4,000 roles across its business in the wake of a dramatic fall in sales during the Covid-19 pandemic.
There was hope, rather than expectation, that chancellor Rishi Sunak would offer retailers a lifeline this week.
Mike Ashley’s Frasers Group has told landlords it will not pay rents until it is “fully able to freely trade as a business” again.
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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