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.
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.
Aldi has announced plans to invest £1 billion in order to open a new store every week, according the supermarket’s chief executive for the UK and Ireland, Giles Hurley.
A net number of 1,234 stores were closed on Britain’s leading 500 high streets in the first half of 2019 according to new figures published by PwC and the Local Data Company.
The measures, known as Strong Customer Authentication, ask shoppers to input a one-time passcode to complete an online transaction and have also been introduced by the likes of Apple.
A survey from the CBI has found that high street sales have fallen at the fastest rate since 2008.A survey from the CBI has found that high street sales have fallen at the fastest rate since 2008.
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