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Black Friday lifts retail sector, says Barclaycard

Consumers flocking to take advantage of Black Friday promotions has given the UK’s retail sector a welcome boost.

Maped Helix flexes its innovative muscle for retailers to take note

Changing shopping habits among consumers have seen UK high streets fall upon testing times. The shift toward online purchasing has culminated in a sharp rise of empty store units in town centres across the country with a number of businesses falling into administration.

Retailer Mothercare goes into administration

Struggling retailer Mothercare has gone into administration and will close all 79 of its UK stores.

Former Sainsbury’s boss calls for business rates to be halved

Justin King, the former boss of Sainsbury’s, has stated that he believes VAT ought to be increased to 22 per cent in order to save the high street.

Government urged to reform high street policy after large job loss estimates

The British Retail Consortium has called for a government shake-up of its high street policies after estimating that 85,000 retail sector jobs have been lost in the past year.

John Lewis to withhold service charges in pursuit of discounts

Retailer John Lewis has informed some of its landlords that it will withhold 20 per cent of its obligatory service charges as it looks to save money, the BBC has revealed.

John Lewis to cut a third of senior management jobs

The John Lewis Partnership has announced that it will cut a third of its senior management jobs as the company undergoes major restructuring from February 2020.

Sainsbury’s to close Argos units amid profit fall

Supermarket heavyweight Sainsbury’s is set to close around 60 Argos stores in favour of adding around 80 smaller Argos sections to its supermarkets.

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