All Coronavirus articles – Page 13
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NewsStaycation boom to drive sales through autumn, says Halfords boss
Halfords expects current performance to continue as foreign holidays look increasingly unlikely.
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NewsGrocers hit by availability issues as driver shortage bites
Grocers are facing availability issues and depleted shelves across fresh and ambient products as a shortage of HGV drivers continues.
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NewsGovernment gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.
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DataData: 84% of retail staff say pandemic has damaged their mental health
A new survey has found that the mental health of retail staff has been among the worst affected by occupation in the UK, with issues around burnout and financial pressures particularly prevalent.
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NewsTesco rejoins BRC at ‘important moment for retail’
Tesco has rejoined the British Retail Consortium (BRC) three years after quitting the trade association.
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NewsFurlough and rates relief to be wound down despite England lockdown extension
The final measures of easing England out of lockdown has been delayed until July 19, but calls for business rates relief and the furlough scheme to be extended have been rejected.
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NewsJD Sports braced for shareholder revolt over ‘inappropriate’ Cowgill bonus
JD Sports is bracing itself for a possible shareholder revolt after paying bonuses to senior staff such as Peter Cowgill despite refusing to refund millions in government support.
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NewsDFS and Dunelm founders recognised in Queen’s Birthday honours list
DFS founder Lord Kirkham and Dunelm founder Bill Adderley have both been recognised in the Queen’s Birthday honours list, alongside six other retailers.
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NewsTed Baker losses deepen as Covid hampers turnaround
Fashion retailer Ted Baker has reported deepening losses and falling revenues in its full year results, leading to the board deciding against paying out a dividend.
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Opinion‘Businesses cannot succeed if the world around them isn’t thriving’
There has never been a more critical time to galvanise greater action from responsible businesses.
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NewsSelfridges bid approach brings price tag in excess of £4bn
Selfridges, one of the world’s most famous department stores, may be sold for £4bn or more.
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NewsExclusive: Tesco to axe international wholesale business
UK grocery giant Tesco is set to axe its international wholesale business, which exports its own-brand range to partners across the globe.
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NewsMorrisons shareholders dismiss Covid efforts in massive pay rebellion at AGM
Morrisons investors have opposed the grocer’s pay report in large numbers at today’s AGM, prompting dismay at the grocer.
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NewsJohn Lewis and Waitrose launch ‘Zoom-free Fridays’ to combat video-call fatigue
Department store group John Lewis and grocery stablemate Waitrose are piloting ‘Zoom-free Fridays’ to ensure staff are not ground down by too many video meetings.
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Opinion‘Retail’s rules of value creation have changed for good’
Retailer equity valuations have been on a rollercoaster ride over the past year, amid significant divergence in the performance of individual companies.
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NewsCard Factory slumps to loss as coronavirus batters sales
Card Factory has swung into the red after store closures during national lockdowns decimated its full-year sales.
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Opinion‘After unprecedented times, we need some fresh ideas about retail property’
I’m not often given to quote from the Bible, but the phrase “there’s nothing new under the sun” is hard to avoid when considering some of the approaches to post-lockdown retail right now.
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NewsData: Retail sales grow at strongest rate since Covid crisis hit
Retail sales grew in May at their strongest rate since the coronavirus pandemic hit the UK last March as the reopening of hospitality venues boosted footfall and spend.
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NewsRetailers urge the government to extend credit insurance scheme
UK retailers are calling on the government to extend the scheme that guarantees trade credit insurance amid fears they could be unsupported when it ends.
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NewsGetir triples valuation after latest $550m fundraising round
Turkish on demand delivery startup Getir has raised $550m in its latest fundraising round and tripled its valuation to $7.5bn as it reportedly eyes a stock market listing.