All Coronavirus articles – Page 23
-
NewsThe Works narrows interim losses as online sales double
The Works boss Gavin Peck has hailed the retailer’s “robust” performance at the half-year mark as online sales surged and stores experienced strong demand when allowed to open under government guidelines.
-
NewsJohn Lewis raises profit forecast after resilient Christmas performance
John Lewis has said its sales across Black Friday and Christmas “held up better than anticipated” and its profits will be ahead of previous guidance as a result.
-
OpinionHelen Dickinson: ‘Leaders owe their people wellbeing, safety and development’
There are around 3 million people who work in retail. It has always been a people business and people are the lifeblood of our industry.
-
NewsVaccine promises do little to boost consumer confidence
Consumer confidence dropped at the beginning of the year, despite promises that the vaccine would bring life back to normal.
-
AnalysisWill more retailers ditch Oxford Street?
While the famous shopping destination was already facing headwinds, the coronavirus crisis has been a perfect storm for Oxford Street. The question is whether retailers will hang around to pick up the pieces or abandon it altogether.
-
Opinion‘Deliveroo IPO will be a bet on retail’s future direction’
“Shall we get something from Deliveroo tonight?” It’s a familiar conversation on thousands of sofas as locked-down consumers seek treats, convenience and a break from monotony.
-
NewsHotel Chocolat sales climb as digital initiatives accelerated
Hotel Chocolat has reported strong sales growth over Christmas after speeding up the pace of digital change in the face of the Covid-19 pandemic.
-
NewsAO posts record sales rise in Christmas quarter
Electricals etailer AO World has reported a record surge in sales over the Christmas peak period.
-
NewsSuperdry turnaround hit by Covid disruption
Fashion retailer Superdry has posted a fall in sales and profits after the coronavirus pandemic took a toll, and cautioned about prospects as a ‘going concern’.
-
NewsDr Martens confirms intention to float
Footwear specialist Dr Martens has become the latest retail brand to confirm its intention to float, with a reported valuation in excess of £3bn.
-
AnalysisAnalysis: Is Lidl starting to close the gap on Aldi in the discounter battle?
Over the last 12 months, momentum has shifted away from Aldi towards Lidl in the battle of the discounters. Retail Week looks at what Lidl has done to close the gap on its rival.
-
NewsN Brown suffers festive sales slide and warns of stock delays
N Brown has suffered a drop in revenues during its Christmas quarter despite hailing “continued improvement” in sales.
-
NewsSell online? Not likely, insists Primark finance chief
As sales were decimated and shoppers flocked online during lockdown, many might think Primark would reconsider whether to trade online – far from it.
-
NewsTesco Christmas sales climb boosted by online
Tesco has recorded a strong uplift in sales over the festive period as boss Ken Murphy says the grocer “delivered a record Christmas across all of our formats and channels”.
-
OpinionDavid Potts: ‘Our colleagues have earned pay rise many times over’
With supermarket colleagues going above and beyond for their communities throughout the pandemic, the only option is to give them a better pay deal, writes Morrisons CEO David Potts
-
NewsOnline sales growth hits 13-year high on back of strong December
Online sales growth reached its highest level in more than a decade last year as the Covid-19 pandemic spurred a shift in shopping habits.
-
NewsAsos Christmas sales beat expectations after ‘exceptional’ UK growth
Online fashion giant Asos expects profits to come in at the top end of expectations after a strong Christmas sales performance, particularly in the UK market.
-
Opinion
'Retailers should prepare now for a year of two halves'
Short-term agility remains essential, particularly as retail weathers the current storm. But this lockdown period is also the perfect time to prepare long-term strategies for growth, in order to benefit during the second half of the year.
-
Retail VoiceFive ways to drive a productive workforce
Like hospitality, the retail sector has been turned on its head as a result of the pandemic, with everything about the way we work irreversibly altered.
-
NewsJohn Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.