All Brexit articles – Page 5
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News
Ted Baker warns of £5m Brexit bill as festive sales slide
Ted Baker has warned it faces £5m of additional costs associated with Britain’s exit from the EU as it grapples to revive its fortunes.
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News
JD Sports boss mulls EU warehouse due to Brexit red tape
JD Sports chief executive Peter Cowgill has warned of potential job losses due to the restrictions placed on businesses by the Brexit deal.
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Data
Data: How Brexit has hit supermarket availability
New data shows the big UK grocers have struggled with availability issues since Brexit.
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Retail Voice
Why Cyprus needs to be on your radar in 2021
With the new UK-EU trade agreement meaning no tariffs or quotas have been introduced following Brexit, Cyprus is a great sourcing destination for the year ahead boasting a fast-developing export trade and a reputation for high quality and competitive pricing.
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Video
Face time: Tesco’s Tony Hoggett on sustainable superstores and the post-Brexit border
Tesco’s chief operating officer Tony Hoggett discusses the grocery giant’s first new superstore in six years, protecting frontline staff as the pandemic grinds on and issues at the border following Brexit.
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Retail Voice
Stay light on your feet – there will be more challenges for retailers in 2021
As we begin to slowly find a way out of the current health crisis, the threat of a financial crisis will soon become front of mind for many consumers and retailers, writes Richard Brassey, director at Barclays Partner Finance
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News
UK grocers warn food shortages in Northern Ireland will worsen
The chief executives of the UK’s largest grocers have warned the government of “significant disruption to food supplies” to Northern Ireland after March 31 unless there is a closer agreement with the EU.
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News
Asos Christmas sales beat expectations after ‘exceptional’ UK growth
Online fashion giant Asos expects profits to come in at the top end of expectations after a strong Christmas sales performance, particularly in the UK market.
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News
Ocado warns of product shortages as suppliers limit options
Ocado has warned of product shortages as supply chains are hit by the impact of the coronavirus pandemic.
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News
Brexit: M&S warns of tariff impact as NI supermarkets struggle with supply
Marks & Spencer today warned that its EU businesses would be “significantly impacted” by new red tape and tariffs under the Brexit deal, while supermarkets in Northern Ireland are struggling with shortages.
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News
Debenhams closes Irish online business as retailers face new Brexit tariffs
Department store chain Debenhams has been forced to close its digital Irish business to avoid tariffs now required under the Brexit deal.
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Analysis
Brexit: What Boris Johnson’s Christmas Eve deal means for retail
While it came down to the wire, Boris Johnson and his team did manage to deliver a Brexit deal. Retail Week goes behind the sloganeering to see what has changed for retail and what that will mean going forward
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News
Tesco chair: Brexit food price changes ‘very modest’
Tesco chair John Allan has said any impact on food prices due to Brexit will be “very modest indeed”, following the news of a deal between the UK and the EU last week.
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News
DFS profits to come in at upper end of expectations despite disruption
Furniture group DFS expects profits be within the upper half of market forecasts despite Covid disruption and Brexit uncertainty.
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Analysis
Tier four fears: Retail CEOs on shop closure ‘body blow’ and port delays
After the toughest of years, retailers were dealt another savage blow in the crucial final trading week ahead of Christmas.
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News
Supermarkets poised to ration goods amid Brexit concerns
UK supermarkets are preparing to ration certain products amid fears that consumers will begin stockpiling again.
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News
No need for Brexit stockpiling, retailers reassure consumers
Retailers have urged shoppers not to stockpile food because of Brexit fears as talks about a trade deal stumble on.
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News
Retailers warn of £3bn tariff hit if no deal on Brexit
Grocers and their customers face a £3.1bn tariff impact that could force up the price of food and drink, unless a Brexit deal is struck soon.
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News
McColl’s to hang on to rates rebate as Covid costs outweigh savings
C-store retailer McColl’s is set to keep the business rates rebate it was given by the government in March as its chief executive says Covid-related costs have since outstripped the money saved.
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News
Tesco chair Allan warns of higher food prices in no-deal Brexit
Tesco chair John Allan has said the grocer is pre-emptively stockpiling in case of a no-deal Brexit, which would trigger price rises and limited availability on some fresh food products.