All Coronavirus articles – Page 10
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NewsAdidas increases full-year outlook as pandemic recovery kicks off
Adidas has raised its full-year outlook as revenues in the EMEA and North American markets almost doubled in the brand’s second quarter following a challenging pandemic period.
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NewsData: ‘Pingdemic’ hits footfall after short-lived ‘freedom day’ boost
Footfall over the month of July was down compared with June due to changeable weather conditions and an increase in the number of people being told to self-isolate.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.
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NewsRetailers hopeful ‘pingdemic’ disruption has passed its peak
The ‘pingdemic’ that has hit retail and distribution staff availability, leading in some cases to empty shelves, looks as if it may be easing.
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NewsJoules posts profit rise as ecommerce growth offsets store closures
Fashion retailer Joules has reported an increase in full-year profits, despite the closure of its store estate during Covid lockdowns.
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NewsGreggs serves up better-than-expected profits as sales climb
Food-on-the-go specialist Greggs expects higher full-year profits than expected after rebuilding sales in the first half.
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NewsTesco and Aldi hike driver pay as shortages hammer grocers
Tesco and Aldi have hiked the wages they pay to lorry drivers in a bid to overcome the HGV driver shortage and keep shelves stocked.
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NewsAmazon second-quarter sales soar but pandemic surge slows
Amazon has recorded over $100bn (£72bn) in sales for the third consecutive quarter but forecasts that upcoming growth will be slower than pandemic levels.
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DataData: Shop vacancies ‘at highest rate ever recorded’ as uncertainty lingers
The overall store vacancy rate across the UK increased in the second quarter of 2021 despite the lifting of coronavirus restrictions as retailers continued to struggle with the ongoing uncertainty.
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NewsLVMH sales soar as luxury goods come roaring out of pandemic
Luxury goods conglomerate LVMH has steamed ahead in its second quarter, driven by soaring sales of Louis Vuitton handbags and Moët & Chandon champagne.
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NewsSuperdry snaps up former Forever 21 Oxford Street store as new flagship
Superdry has agreed the lease of the former Forever 21 store on Oxford Street, with the retailer’s chief executive expressing confidence in the West End’s post-Covid recovery.
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Opinion‘It’s time to talk about Christmas – and it should be less volatile this year’
When we agreed to collaborate with Retail Week on Christmas in July, we expected a mixed response.
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NewsShopfloor staff omitted from government’s daily Covid testing scheme
Retail store staff have not been included in the government’s list of key workers who will become exempt from coronavirus self-isolation rules.
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DataData: Consumer confidence edges ahead of pre-pandemic levels
Consumer confidence increased in July as the easing of restrictions and pent-up demand led to an increase in spending.
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NewsPingdemic hits fashion as stores forced to close
Fashion retailers are being forced to close shops and the opening of a new department store has been delayed as the ‘pingdemic’ forces workers to isolate.
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NewsSupermarkets struggle to stock shelves amid Covid app ‘pingdemic’
Supermarkets including Tesco, Waitrose and Iceland have all been hit with staff availability issues as the ‘pingdemic’ forces workers to isolate.
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NewsWickes sales soar in strong first half
Wickes reported strong sales in the first half of the year, with stores performing particularly well after reopening following the easing of coronavirus restrictions.
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DataData: Online sales slide for first time ever as grocers run into tough comparisons
Overall grocery sales slipped while year-on-year online grocery sales declined for the first time ever as grocers began to confront tough comparisons from last year.
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NewsThe Works emerges stronger after ‘intensely challenging year’
Arts and crafts specialist The Works has reported that it is well positioned for the future after navigating the challenges of the pandemic.
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AnalysisAnalysis: How rising inflation will affect retailers over the next six months
The Bank of England has forecast that inflation will climb as high as 3% by the end of 2021. Retail Week looks at what that means for customers and for retailers