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Google faces antitrust case in India over payments app

Google faces antitrust case in India over payments app

India's antitrust body is looking into allegations that Alphabet Inc's Google is abusing its market position to unfairly promote its mobile payments app in the country, five sources familiar with the case said.
Lifestyle
John Lewis to take reopenings slowly in mid-June, no news on London flagships

John Lewis to take reopenings slowly in mid-June, no news on London flagships

John Lewis has issued official details about its store opening plans and, like retail peer Next, it's planning to take it very cautiously. It's also considering new ideas like virtual queueing and returns drop boxes.
Fashion
British Land loss widens as retail rents trickle in and valuations fall

British Land loss widens as retail rents trickle in and valuations fall

UK property giant British Land said on Wednesday that it has collected less than half the rent due on its retail properties and that its retail portfolio’s valuation has fallen by more than 26%.
Fashion
Hammerson CEO to step down next year at the latest

Hammerson CEO to step down next year at the latest

Hammerson Chief Executive Officer David Atkins will step down, the shopping mall owner and operator said on Wednesday, as it faces a crisis spurred by coronavirus-induced shop closures and a collapse in rent.
Fashion
Frasers exec slams government, says reopening delay could ruin some retailers

Frasers exec slams government, says reopening delay could ruin some retailers

Frasers Group finance chief Chris Wootton has slammed the UK government for its handling of the coronavirus crisis and store reopening plans from a business viewpoint as a two-week opening delay means more lost sales.
Fashion
Intu plans gradual reopening of shopping centres

Intu plans gradual reopening of shopping centres

Intu has outlined the safety measures it plans to implement across its 14 shopping centres to support the gradual reopening of non-essential retail stores.
Fashion
Retail footfall surges over holiday weekend, suggests pent-up demand

Retail footfall surges over holiday weekend, suggests pent-up demand

There are big questions around how keen consumers will be to return to physical shops once non-essential UK stores reopen in the middle of June, but the indications so far are that there's plenty of pent-up demand.
Fashion
Target to close up to 75 stores in Australia, convert more to Kmart

Target to close up to 75 stores in Australia, convert more to Kmart

Australian discount department store retailer Target could see up to 75 of its stores being closed and many others converted to another of its owner’s banners. Over 1,000 jobs will be affected, owner Wesfarmers said.
Fashion
'Silver Surfers' web shopping growth surges due to lockdown - report

'Silver Surfers' web shopping growth surges due to lockdown - report

With retail going through a major transformation due to the coronavirus pandemic, a new report says that one key difference we’ll see going forward is the larger number of older people shopping online.
Fashion
John Lewis plans phased reopenings, will take it slow

John Lewis plans phased reopenings, will take it slow

Department store chain John Lewis’s blueprint for reopening its shops is still a work in progress even though the potential opening date is looming early next month. And it says reopening will also be a learning curve.
Fashion
M&S to hibernate £200m "stock bulge", lockdown sales drop but reshaping plan on track

M&S to hibernate £200m "stock bulge", lockdown sales drop but reshaping plan on track

M&S has plans to hibernate some of its SS20 stock as it reveals a big sales hit due to the pandemic. But the firm is upbeat and says Clothing & Home is progressing, even though fashion retail will change post-crisis.
Fashion
UK consumer confidence stays low, consumer spending to suffer - report

UK consumer confidence stays low, consumer spending to suffer - report

UK consumers are feeling battered and lack confidence as their incomes drop at a faster pace than ever due to the coronavirus pandemic.
Fashion
Lockdown easing leads to just a small footfall increase says Springboard

Lockdown easing leads to just a small footfall increase says Springboard

Springboard’s latest report on Monday said that in the first week of eased lockdown restrictions, UK footfall increased by just 3.3% from the week before across all retail destinations. 
Fashion
Armani reopens global store network, with new security measures and special appointments

Armani reopens global store network, with new security measures and special appointments

Giorgio Armani has reopened around one hundred boutiques in his global retail network on Monday, May 18, with added security measures, a new system of booking appointments; also, he will open Armani Silos this week.
Fashion
M&S new fashion chief to start earlier than expected in July

M&S new fashion chief to start earlier than expected in July

M&S has surprised the fashion retail sector by saying that its new managing director of the under-pressure Clothing & Home unit will start earlier than expected. Richard Price will join the retail giant on July 6. 
Fashion
UK spending plunged in April say BRC and Barclaycard

UK spending plunged in April say BRC and Barclaycard

Two UK consumer spending reports on Wednesday showed just how big a hit British retail — and other spending categories — have taken in recent weeks.
Fashion