All Coronavirus articles – Page 21
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NewsM&S boss Rowe hits out at ‘unbearable’ business rates burden
Marks & Spencer boss Steve Rowe has warned that the “unbearable yoke” of business rates will spark thousands more job losses unless the tax is overhauled by the government.
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NewsJohn Lewis plots further store closures as Covid crisis bites
John Lewis is planning a fresh round of store closures as the impact of the coronavirus crisis on physical retail deepens.
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AnalysisThe Big Question: Will Oxford Street regeneration plans revive retail’s fortunes?
Earlier this week, Westminster City Council unveiled a £150m strategy to revamp Oxford Street
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NewsAsda sales rise as customers trade up over Christmas
Asda has reported that customers trading up and treating themselves over Christmas led to strong sales upticks in its fourth quarter.
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Opinion
Lisa Byfield-Green: ‘As Amazon grows, many retailers still struggle with online basics’
Online will remain the fastest-growing channel even when stores reopen, but are retailers really prepared?
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NewsRetailer anger follows call with ‘rude’ business secretary Kwarteng
Retailers’ relations with new business secretary Kwasi Kwarteng have got off to a rocky start after a bad-tempered call this week.
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NewsOxford Street plans climbable hill to lure shoppers back to district
Westminster City Council has unveiled plans to build a 25-metre tall climbable hill overlooking Marble Arch in a bid to lure shoppers back to Oxford Street once lockdown ends.
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OpinionSacha Newall: ‘Regulation is the only cure for fashion retail’s bad apples’
The Covid pandemic has been catastrophic for bricks-and-mortar retailers in most, if not all, sectors but certainly in my industry, fashion.
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NewsBurberry becomes first non-essential retailer to return business rates relief
Luxury fashion giant Burberry is to voluntarily hand back savings made through business rates relief during the Covid-19 pandemic.
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NewsTed Baker warns of £5m Brexit bill as festive sales slide
Ted Baker has warned it faces £5m of additional costs associated with Britain’s exit from the EU as it grapples to revive its fortunes.
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NewsRetailers lose £22bn in sales during coronavirus lockdowns
Retailers lost £22bn in sales last year after nationwide lockdowns decimated the performance of physical stores.
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AnalysisWorldview: How Chinese retail lit a fire under its Covid-19 recovery
In the first instalment of our new Worldview series gleaning insight and inspiration from global markets, Eliam Huang analyses how China is bouncing back from Covid-19.
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AnalysisThe Big Question: How should business rates be reformed?
Ahead of the Budget on March 3, the thorny issue of business rates has again hit the headlines, with a joint letter, spearheaded by Tesco, calling for a digital tax to be levied on pureplays. Retail Week asks experts what can be done to make business rates fairer?
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NewsDunelm hails strong interim results as profits and sales jump
Home and DIY giant Dunelm has said it has “never been more confident about the future” after interim profits and sales both soared.
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DataData: Shoppers most excited to return to Primark after lockdown
Consumers feel more comfortable now about returning to stores than they did last May, exclusive research for Retail Week has shown, and shoppers are most excited to return to Primark.
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AnalysisAnalysis: How Ocado plans to make up for lost time
At the beginning of the coronavirus pandemic, when demand for grocery home delivery jumped overnight, many would have predicted that no business in UK food retail was better placed to take advantage than Ocado.
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AnalysisSix ways to fast-track ecommerce strategy in 2021
Online sales have soared 46% year on year, with the pandemic changing consumer shopping behaviour as we know it. As RWRC’s Accelerating Ecommerce Week kicks off, we look at the steps retailers must take to expedite their digital propositions.
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NewsRecord spending spree to reignite economy post-pandemic, says BoE
The economy could hit pre-pandemic levels in early 2022 if households start spending the £125bn in pent-up savings once the vaccine is rolled out, according to the Bank of England.
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DataData: New CEO appointments tumble in turbulent year for retail
New retail chief executive appointments tumbled in 2020 while the hiring of female and minority candidates plateaued, according to new analysis from Korn Ferry.
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NewsRetail footfall slides in January amid UK's third lockdown
Retail footfall dropped in January across all destinations as the UK went into lockdown for the third time since the outbreak of the coronavirus pandemic.