Retail sales volumes partly rebounded in May 2020 with an increase of 12.0% when compared with the record falls experienced in the previous month, but sales were still down by 13.1% on February before the impact of the coronavirus (COVID-19)
At a hearing before a high court judge late this evening (28 December 2018), Will Wright, Neil Gostelow and David Pike from KPMG’s Restructuring practice were confirmed as joint administrators to HMV Retail Limited and HMV Ecommerce Limited, the entertainment retailer.
Toys R Us has been placed in administration, putting 3,000 UK jobs at risk. Electronics retailer Maplin is also reported to be on a similar course. Commenting on the toy chain's demise, Richard Lim, chief executive, Retail Economics, said: "All is