All Coronavirus articles – Page 12
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News
Retail bosses demand new laws to protect workers from violence
Chief executives from 100 of the UK’s largest retailers have written directly to the prime minister urging him to support a law to tackle violence and abuse against store staff.
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News
Morrisons agrees £6.3bn sale to Majestic Wine owner
US investment giant Fortress is to acquire Morrisons in a deal said to recognise the grocer’s unique characteristics, long-term strategy and responsibilities to stakeholders.
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Opinion
‘Retail’s best employers will be retail’s best performers as the world adapts after Covid’
As he unveiled annual results for a year of near-unprecedented disruption, Dixons Carphone boss Alex Baldock was particularly pleased about one aspect of the electricals retailer’s performance.
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News
Asda to allow head-office staff permanent hybrid working
Grocery giant Asda confirmed today it would allow its 4,000 staff to permanently adopt a hybrid-working model, even after social-distancing measures are removed.
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Gallery
Store gallery: M&S fashion makeover at Westfield Stratford City
Third-party brands, style changes accelerated by Covid and inclusive in-store messaging all feature at M&S’s Westfield Stratford store, encapsulating the retailer’s latest thinking as it seeks to bolster its fashion credentials.
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News
H&M bounces back to profitability in first half
Swedish fashion giant H&M has returned to profitability in the first half of the year after enduring a bruising 2020 due to the coronavirus crisis.
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News
Primark expects profits to be in line with last year following strong reopening
Primark owner ABF has said the fashion giant’s stores have performed exceptionally well since reopening and predicted full-year profits will be in line with the previous year.
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News
AO.com back in the black as Covid drives soaring sales and profits
Pureplay electricals specialist AO.com has reported a return to operating profit driven by a surge in sales and EBITDA.
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News
Dixons Carphone swings into the black as boss hails strong year
Dixons Carphone has swung back into profit and reported soaring sales as boss Alex Baldock hailed the retailer’s strong performance in the financial year.
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Data
Rising prices on the horizon as retailers face increased disruption
Retail prices fell slightly faster in June compared with May, but this trend is not expected to last as retailers battle rising costs.
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News
Broadgate retail offering boosted by Lewis Hamilton-backed vegan restaurant
British Land’s Broadgate site has been given a fresh retail boost with the announcement of four new lettings, including a plant-based burger restaurant backed by Lewis Hamilton.
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News
Police crackdown needed to protect shopworkers, say MPs
Police are failing to protect shopworkers against a rise in abuse in recent years and over the course of the pandemic, a new government report has found.
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News
Government resumes ‘war room’ calls with grocers over driver shortages
The Department for Environment Food and Rural Affairs (Defra) this morning held the first Food Resilience Industry Forum call since April in response to growing concerns in Whitehall over the effects of a national shortage of HGV drivers.
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News
Greggs likely to serve up higher profits than expected
Food on the go specialist Greggs has raised the prospect of higher than anticipated profits after a strong recovery in performance.
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News
Poundland owner posts rise in sales and profits
Pepco, owner of the the Poundland chain in the UK, has reported increased sales and earnings in its first half.
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Retail Voice
The pandemic reminded us that retail is a people business
Despite advances in technology, people are still the most vital element of an organisation, says Laurent Homeyer, strategic industry advisor for retail and hospitality at Workday
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News
Selfridges opens garden centres to tap into pandemic-driven trend
Selfridges has launched garden centres at several of its stores in a bid to benefit from the pandemic-driven gardening boom.
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News
Concern mounts over private equity interest in grocers following failed Morrisons bid
Both Usdaw and the shadow minister for business and consumers have raised concerns about private equity ownership of UK grocers as takeover speculation mounts.
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News
Tesco sales rise but growth ‘moderates’ as Covid restrictions ease
Tesco has posted an uptick in first-quarter sales but cautioned that growth “moderated” during April and May as Covid-19 restrictions eased.
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News
M&S survey: Half of consumers say families ‘unrecognisable’ from 20 years ago
Changing views about families are creating new product opportunities and marketing considerations, research by Marks & Spencer has revealed.