All Coronavirus articles – Page 22
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Analysis
Amazon’s new boss Andy Jassy – the man filling the biggest shoes in retail
The international business community was shocked last night when Amazon founder Jeff Bezos announced he’d be stepping down as chief executive of the company he built. Retail Week looks at what Andy Jassy will bring to the role and the challenges he may face.
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News
Alibaba sales surge amid China’s ‘rapid’ Covid-19 recovery
Alibaba has posted a spike in sales during the final quarter of 2020 following the “rapid recovery” of the Chinese economy in the wake of Covid-19.
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News
Amazon boss Jeff Bezos steps down as quarterly sales pass $125bn
Amazon founder Jeff Bezos will resign as chief executive later this year and step into the role of executive chair.
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Data
Data: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
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News
Central London economy battered by lack of tourists, says Khan
Research published by Sadiq Khan has revealed the Central London economy has been hit hard by a lack of tourism during the Covid-19 pandemic.
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News
Work with us on post-pandemic roadmap, businesses urge government
The Confederation of British Industry (CBI) has called on the government to work with businesses on a roadmap out of lockdown to reopen the economy.
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Opinion
The Secret Retailer: ‘The government is fiddling while Rome burns’
As retail is left to wonder how the route out of the coronavirus crisis will look, it feels like there is some government fiddling while Rome is burning going on.
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Gallery
Store gallery: Tesco’s first superstore in six years goes big on sustainability
Tesco has today opened its first non-Jack’s superstore in six years, which sets out the new template the UK’s largest grocer believes will help it achieve its 2035 carbon-neutral target.
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Analysis
H&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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News
H&M profits tumble as Covid-19 batters sales
H&M has suffered a slump in full-year profits and sales as the coronavirus crisis battered its top line.
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Opinion
Lisa Hooker: ‘Long live the store – but it needs to evolve’
It’s a familiar and frightful story: the once-beloved UK high street is in terminal decline. The perfect storm of a global pandemic, online shopping and crippling rents and business rates is set to usher in the end of the physical store.
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Video
Face time: Tesco’s Tony Hoggett on sustainable superstores and the post-Brexit border
Tesco’s chief operating officer Tony Hoggett discusses the grocery giant’s first new superstore in six years, protecting frontline staff as the pandemic grinds on and issues at the border following Brexit.
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News
BRC urges government action as store vacancies soar
The British Retail Consortium (BRC) has urged the government to extend the business rates holiday beyond April to avoid more high street damage after vacancy rates soared at the end of 2020.
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News
Joules interim sales and profits slip as chief financial officer departs
Fashion retailer Joules has blamed store closures due to coronavirus for falling sales and profits on the day it announced its chief financial officer would be stepping down.
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Opinion
‘Retailers must rebuild after Covid crisis – start-ups can help’
Last year’s Retail Week Discovery 50 (which I was also lucky enough to judge) feels a bit like it was a lifetime ago.
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News
ScS sales rise as post-lockdown orders soar
ScS has recorded an uptick in sales after orders following the first lockdown in 2020 significantly increased.
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News
Landmark Jenners store to close after landlord row
Edinburgh department store Jenners, owned by Mike Ashley’s Frasers Group, is to shut after almost two centuries of trading.
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Retail Voice
Why store footfall control should be a top priority
With managing store footfall more important than ever before, Adam Presdee, service director at GEZE UK, explains how technology can help retailers keep both shoppers and staff safe.
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Opinion
Jace Tyrrell: ‘Oxford Street will recover, but it needs to evolve to prosper’
Reports of the death of Oxford Street, and the UK high street more generally, have been greatly exaggerated. But to ensure its future, the district must look to diversify its retail offering in order to truly thrive.
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Data
Data: The 30 happiest places to work in UK retail
Hackett London, Browns and Moonpig have the happiest workforces of any retailer in the UK, new data has revealed.