All Coronavirus articles – Page 17
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NewsThe Hut Group slips to full-year loss due to multiple ‘non-recurring’ costs
The Hut Group has incurred an operating loss for the last financial year due to a series of “non-recurring, non-cash events”, most notably linked to its IPO during the period.
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AnalysisAnalysis: How Tesco’s Clubcard revival opens up new horizons post-pandemic
Following a year fundamentally shaped by the coronavirus pandemic, Tesco boss Ken Murphy set out his vision for utilising the strength of the retailer’s Clubcard customer base to put clear water between the grocer and its competitors.
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NewsAsda to restructure in-store bakeries putting 1,200 jobs at risk
Grocery chain Asda is set to axe as many as 1,200 jobs as it looks to shake up in-store bakeries across its 341 UK supermarkets.
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Opinion‘Retail not essential? Try telling that to reopening day shoppers’
There was a joyful sense of release on Monday when, after three months of lockdown darkness, so-called non-essential shops reopened.
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OpinionPeter Williams: ‘To fully restart retail we need a return to pre-Covid behaviour’
When asked my views about looking forward for retail, the honest answer is: “I’m really not sure that I know.”
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NewsJD Sports boss calls for London rent reduction as footfall ‘battered’ by Covid-19
JD Sports boss Peter Cowgill says central London footfall has been “battered” by Brexit and Covid-19-induced lockdowns.
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NewsJD Sports beats ‘unprecedented challenges’ to retain profitability
JD Sports has “retained substantially all of its record profitability” despite facing “unprecedented challenges” over the past year.
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NewsGrocery powers retail sales rise in March
Retail sales climbed in March, but many categories remained in decline as grocery powered the increase.
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OpinionHelen Dickinson: ‘Don’t build back better – build forward’
With the third wave subsiding, over half the adult population receiving their first vaccination and the reopening of so called ‘non-essential’ retail, we all hope we might just be entering the recovery stage of this pandemic.
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OpinionAlia Hawa: ‘Covid certificates are unnecessary and will damage retail’s recovery’
With non-essential retail reopening today, news that the government is considering making Covid certificates mandatory for customers in stores comes as another blow.
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Opinion‘Grocers like the Co-op should not be vilified for holding on to rates relief’
Before making this point, let’s be perfectly clear: I was among those who expected the Co-op to repay its business rates relief this week.
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OpinionKate Hardcastle: ‘Successful high streets will have the human at their heart’
As retailers prepare to reopen, there has been much focus on what the future high street will look like.
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AnalysisLive updates: Retail’s big reopening as Covid restrictions ease
The lights are being turned on again, three months after many stores went dark for the third lockdown as Covid gripped the country.
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AnalysisAnalysis: Co-op’s business rates return refusal – prudent or a PR disaster?
Another impressive set of annual results for the Co-op has been overshadowed by its decision to keep business rates relief. Group chief executive Steve Murrells explains the decision and claims it has the full backing of members.
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NewsDunelm profits to beat forecasts despite store closures hit
Homewares specialist Dunelm reported that it underperformed the market in its third quarter as stores were shut during lockdown, but it still expects full-year results to beat expectations.
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NewsAsos lifts earnings forecast after stellar first half
Fashion etailer Asos has upped profit expectations after a strong first half powered by “exceptional execution” as the pandemic continued.
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OpinionFran Minogue: ‘2020 could be seen as the lost year – but look what we found’
A year ago almost to the day, I wrote an article exploring how retail chief executives were grappling with the challenges of Covid-19 and starting to plan for a post-pandemic world.
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NewsGovernment faces criticism as it hints at Covid certificates in stores
Coronavirus certificates could be needed to enter some high street shops from this summer, the government has hinted, as Labour pledged to vote against any such plans.
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AnalysisAnalysis: How John Lewis, Ikea, Primark and others are preparing to reopen
With ‘non-essential’ retailers given the green light to reopen stores on April 12, Retail Week looks at how the sector is preparing.
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NewsAlmost 190,000 UK retail jobs lost since first lockdown
Nearly 190,000 retail jobs have been lost in the year since the UK entered its first lockdown, with administrations and cost-cutting programmes driving redundancies.