All Coronavirus articles – Page 26
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News
Dixons Carphone interim sales surge sparks profit climb
Dixons Carphone has reported an uplift in profits at the half-year mark bolstered by strong sales growth which boss Alex Baldock attributes to “grit and skill” of staff.
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News
Zara owner reports recovery as online sales grow and stores improve
Fashion giant Inditex, which owns Zara, celebrated a “strong recovery in operations” during its third quarter ahead of more lockdowns in various countries.
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News
Supermarkets poised to ration goods amid Brexit concerns
UK supermarkets are preparing to ration certain products amid fears that consumers will begin stockpiling again.
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News
H&M sales slide as second wave hinders recovery
H&M has reported a decline in sales in the fourth quarter as a second wave of the coronavirus pandemic impeded its recovery.
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Analysis
Analysis: Seven consumer trends for 2021 that retailers need to know
The coronavirus crisis has had a profound effect on every area of retail and consumer behaviour, turbo-charging some trends and creating some completely new behaviours. Looking ahead to 2021, Retail Week considers some of the trends that may emerge.
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News
‘Devastating blow’ for retail as London faces tier three restrictions
Thousands of jobs are feared to be at risk as tier three Covid restrictions come into force this week in London, at a time when the streets would normally be packed with Christmas shoppers.
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News
Asda ramps up Covid safety ahead of busy Christmas period
Asda has introduced a raft of measures, including extra security, to keep shoppers and staff as safe as possible in the run-up to Christmas as the Covid outbreak continues.
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News
Rising retail star Pure Electric unveils European expansion plans
E-bikes specialist Pure Electric plans a European expansion push, starting in France and Spain.
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Opinion
‘This rapid change is not destroying retail but reshaping it’
At a time of mass redundancies on the high street it is only right to be sanguine about the prospects for the job market in 2021.
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News
McColl’s to hang on to rates rebate as Covid costs outweigh savings
C-store retailer McColl’s is set to keep the business rates rebate it was given by the government in March as its chief executive says Covid-related costs have since outstripped the money saved.
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News
Tesco and Morrisons to open stores with reduced hours on Boxing Day
Tesco and Morrisons will open their stores with reduced hours on Boxing Day to allow staff to spend more time with their families over the festive period.
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Retail Voice
Agile fulfilment in retail: how Fenwick moved quickly to navigate the crisis
The Covid-19 pandemic presented huge challenges for retailers. With issues around reopening, enforcing social distancing and fluctuating lockdown rules, the industry has definitely had a tough time over the last nine months.
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News
Government extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.
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News
Primark’s Paul Marchant: Anyone who thinks shopping in person is over is naïve
Primark boss Paul Marchant has launched a passionate defence of physical retail and called for more investment to be ploughed into Britain’s high streets in the wake of the coronavirus crisis.
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Opinion
Peter Williams: ‘The job losses are awful, but fashion needs a cull’
I joined the retail industry rather a long time ago – in 1987 to be precise, at Freemans, the traditional mailorder business that produced a 1,000-page catalogue twice a year.
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News
November retail sales dampened by lockdown store closures
Retail sales growth slowed in November as tighter government restrictions forced shoppers online.
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Opinion
Roger Wade: ‘We need to level the playing field between online and high street’
Last week brought the end of shopping restrictions as retail returned across the UK. Sadly, the second lockdown did more damage than we ever expected as high street retailers suffered a double blow of not only the pandemic, but online competition.
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Retail Voice
How to gain a sharper edge in ecommerce
Even before the pandemic, the efficiency, speed and increased sales that ecommerce and back-end technology could bring were top priorities for retailers.
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News
Kingfisher agrees to return business rates relief in full
The board of home and DIY giant Kingfisher has agreed to return more than £130m in business rates relief in full, becoming the latest retailer to do so.
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News
Ted Baker slips deeper into the red as revenues fall
Ted Baker has reported deepening losses before tax as its revenues fell and costs associated with the ongoing coronavirus pandemic rose.