Nightmare before Christmas: M&S set for big loss on Covid-hit high street

  The Guardian 

Image source : theguardian.com
Its Ocado tie-up may bring Marks festive joy, but as restrictions and uncertainty bite, even Primark looks less than cheerful The next two months are supposed to be the most lucrative time of the year for the high street, but a grisly update fromMarks & Spencer will this week provide a grim reality check as the pandemic sets up nightmarish trading conditions for the golden quarter. Analysts expect M&S to have made a loss of about £60m in the first six months of its financial year because of the huge sales hit suffered by its clothing arm during the three-month spring lockdown. This time last year, the UK’s biggest clothing retailer was reporting profits of £176m. Continue reading...

The Room Where It Happened : A White House Memoir Hardcover – 23 Jun. 2020 by John Bolton (Author). As President Trump’s National Security Advisor, John Bolton spent many of his 453 days in the room where it happened, and the facts speak for themselves. The result is a White House memoir that is the most comprehensive and substantial account of the Trump Administration, and one of the few to date by a top-level official...
Buy now : £19.99 , FREE Delivery .

(As an Amazon Associate I earn from qualifying purchases.)

 ▼ Related news : 
Christmas travel tsar appointed to oversee Covid-hit networks
The Guardian  
"Help - my brother-in-law is a nightmare"
York Press  
Pepe is struggling to deal with pressure in Arsenal "nightmare", claims Merson
Mirror  
Win the Nightmare Horror Adventures board game
Female First  
Car production falls again as nightmare year stretches on
City A.M  
'Nightmare' property scheme promoted in government brochure
Liverpool Echo  
Nightmare start for Rooney in Derby County interim manager role as Rams lose to Bristol City
Mail Online  
Stranger Things adds Nightmare on Elm Street legend Robert Englund to Season 4 cast
Metro  
Recent News !
    THERE are plenty of bargains on offer for Cyber Monday but you could boost your savings by earning cashback while you shop. Savvy shoppers are expected to...
  The offer comes just as Caffe Nero's creditors and landlords are set to vote on the company's insolvency plan later today.
  SHOPPERS may be able to get a refund if goods they bought before Black Friday and Cyber Monday were later reduced in the sales. Some ...
  A British technology start-up which is helping the NHS to monitor the safety of hospitals during the coronavirus pandemic is raising more than $15m of funding to accelerate ...
  Pubs, bars, restaurants and cafes will also not be allowed to sell alcohol from Friday * Coronavirus – latest updates * See all our coronavirus coverage Pubs, bars,...
  New analysis confirms 94% efficacy and strong two-month safety data
  Chair of Which? whose lobbying led to a series of laws protecting consumersDame Rachel Waterhouse, who has died aged 97, ensured through her work as chair of the Consumers’ Association that it...
  Salesforce’s approach for Slack is a sign of things to come.
  Pentwater joins Oyu Tolgoi funding spat with open letter warning of ‘oppression’ order
  CORONAVIRUS and the subsequent lockdowns have had a huge effect on the economy as income and overall output dropped dramatically, while...
  Inflexibility may prove to be the downfall of the Energy Charter Treaty
  Experienced professionals to head up capital markets division in UK
  More than 158,000 jobs in UK retail have been lost so far this year, new data revealed on Monday as the future of Sir Philip Green’s Arcadia Group...
  IHS Markit itself was the product of a 2016 merger between IHS, which was founded in 1959 as a repository for aerospace data, and Markit,...
  Net profit more than tripled in third quarter after pandemic pummelled company earlier
  The first shots could be given as early as Dec. 21, if authorization is granted.
  Former Google chief executive Eric Schmidt and Palantir's Joe Lonsdale are among top investors in a new $111 million (£87 million)...
  A HIGH street giant with three stores in York has decided to remain shut on Boxing Day.
  LOW income households can get £25 a week to help with energy bills during the winter thanks to the cold weather payment scheme. We round up who’s eligible for the ...
  Feud-stricken FTSE 250 miner seeks to draw line under summer of discontent
  CAPITAL GAINS TAX receipts received by HMRC have spiked this year, meaning many people are now having to confront the levy.
  A Perth company which leads the world in online whisky sales has established an office in Germany due to Brexit concerns.
  We've rounded up the best Argos deals available today for Cyber Monday 2020
  The best month for the FTSE 100 index in at least three decades was rounded off in style today asinvestors continued their buying spree of undervalued...
About newsoneplace.com - Privacy & Terms -
Copyright © 2015 www.newsoneplace.com - Hosted on Linode