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DFS has said all of its furniture showrooms in England, Wales and Ireland are currently closed due to lockdown restrictions, although at present it does not expect this to have a significant impact on revenue and profitability for the first half of its financial year. The Covid-19 restrictions mean that 181...

Lidl has a launched a new scheme called ‘Teaming up to Tackle Hunger’ to make it easier for customers to donate food to their local community. From 12 November to 9 December, customers will be able to scan a flyer for selected foods and donate one of five essential items...

Superdry saw its total revenue drop by 23.3% in the first half of its financial year after the business was affected by continuing disruption caused by the Covid-19 pandemic. In the 26 weeks to 24 October, the clothing retailer saw fewer people visiting its stores, particularly those in big city centres....

Morrisons has launched a new meal delivery service for schools that are feeding primary school children who are having to self-isolate. Morrisons is working with schools to provide children who would normally be eligible for free-school meals with breakfast, lunch and snacks for seven weeks while they are in self-isolation. Developed...

Lifestyle clothing brand Joules has said trading in the first 22 weeks of its new financial year has been better than expected. The company said the performance was driven by a 35% increase in online sales which accounted for 70% of its retail sales in the period. Joules shops have...

Sainsbury’s has announced plans to cut 3,500 jobs with the losses coming mainly from its Argos chain. In its half year results statement, the retailer said it will be shutting around 420 standalone Argos stores by March 2024, although it plans to open 150 new Argos stores in Sainsbury’s supermarkets and...

Dunelm has said it has continued to perform well since its last update on 15 October with total sales continuing to grow in line with its first quarter. However, the company said the Government’s decision not to classify homewares as an essential retail category during the current lockdown was unexpected...

Ocado has said trading within its joint venture with Marks & Spencer has remained strong throughout the fourth quarter of its current financial year. As a result, it now expects full year EBITDA for the group to come in at over £60 million compared to the previously guided £40 million. The...

Burberry has partnered with Tencent Games’ blockbuster online game, Honour of Kings. The luxury retailer said the move will give its customers another opportunity to connect with it online as it will offer them the chance to explore its products via the medium of the game. Josie Zhang, president of Burberry...

Online fashion retailer Zalando has seen its revenue climb by 21.6% to €1.8 billion in its third quarter. Gross merchandise volume was also up and rose by 29.9% to €2.5 billion. The retailer said the increases were driven by a consumer shift towards online shopping during the coronavirus pandemic and a...