All Coronavirus articles – Page 15
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NewsThe Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
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Opinion‘Consumers now expect retail entirely on their terms’
As consumers’ habits, preferences and behaviour change radically and rapidly, most retailers understand that they are facing a revolution. But it’s far from the first.
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InterviewInterview: Asda strategy boss Preyash Thakrar on turning supermarkets into retail destinations
Having unveiled a flurry of recent in-store partnerships with the likes of The Entertainer, B&Q and Greggs, Asda’s chief customer officer tells Retail Week why the grocer is leaning so heavily into collaboration.
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NewsUK economy shrank in first quarter as third national lockdown weighed on recovery
The UK economy shrank during the first three months of 2021 as lockdown measures hindered the country’s recovery.
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NewseBay offers loans to help small businesses bounce back from Covid
eBay has launched a new finance initiative to help small businesses bounce back after the coronavirus crisis.
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NewsRetail sales rise in April as pent-up demand brings shoppers back to store
Retail sales increased last month as shoppers flocked back to bricks-and-mortar stores following reopening on April 12.
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NewsNew Look boss looks to the future after winning landlord legal battle
New Look boss Nigel Oddy has said Monday’s favourable high court ruling will allow the retailer to put the fraught legal fight with some of its landlords behind it and focus on rebuilding for the future.
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NewsGreggs upgrades profits after strong post-lockdown sales recovery
Food to go specialist Greggs has reported strong recovery in sales as the UK’s coronavirus restrictions have eased, saying profits for the year could be in line with 2019.
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Opinion‘As the jobs market reopens, be ready to seize opportunities’
For the 3 million people who work in British retail, the past 12 months have, almost without exception, been extremely challenging. Whether you’ve been stretched to your limit working for an ‘essential’ retailer or faced with the uncertainty of being furloughed, I wager it’s not an experience many would wish to repeat.
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DataData: Footfall soars after reopening but recovery lags behind pre-pandemic
Figures from both Springboard and the BRC show strong footfall recovery since non-essential stores reopened in April but the numbers are still down on pre-pandemic levels.
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AnalysisAnalysis: What Next’s growth trajectory means for fashion retail
As Next continues to surpass even its own expectations despite the impacts of the pandemic, what does its trajectory mean for the rest of fashion retail?
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NewsZalando upgrades outlook for the year following ‘standout’ first quarter
German pureplay giant Zalando has upgraded its outlook for the 2021 financial year following what it called a “standout” first quarter.
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NewsSuperdry full-year revenues slump despite improved fourth quarter
Superdry has reported a slump in full-year sales but chief executive Julian Dunkerton says there is “light at the end of the tunnel” for the retailer following an improved fourth quarter.
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NewsNext raises full-year profit guidance after strong first quarter
Fashion giant Next has upgraded its full-year profit guidance following a much stronger than expected performance in the first quarter.
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Opinion‘The crisis has liberated retailers’ decision making’
The last 12 months have been incredibly difficult for the retail industry, but it has been extraordinary to witness how retailers responded to the Covid-19 pandemic.
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VideoRetail Question Time with Anna Blackburn and Mike Logue
Following last month’s much-anticipated retail reopening, Beaverbrooks managing director Anna Blackburn and Dreams chief executive Mike Logue discuss trading patterns, how they are preparing their companies for future success and their priorities in the aftermath of the pandemic.
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Retail VoiceThree things the pandemic has taught us about the future retail workforce
The pandemic has changed the course of retail forever. Here are the three key learnings retailers can take from it, says Belinda Deery, chief engagement officer at Kultralab.
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OpinionAlex Baldock: ‘Stores still have a central role – alongside online, not replaced by it’
Everyone knows that one effect of the pandemic will be a dramatic and enduring shift away from stores to online, right? Not quite.
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NewsAmazon profits soar as online demand booms
Online giant Amazon has reported skyrocketing sales and earnings as the pandemic-stoked shift to online continued.
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GalleryStore gallery: Eataly serves up mouthwatering first UK store
After more than a year’s delay, Eataly has opened its first UK dining and food retail market at London’s Broadgate.