All Coronavirus articles – Page 3
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Opinion‘The tired old retail-is-detail playbook is obsolete’
Five fundamental and enduring disruptions evident in the US will impact retailers everywhere, argue Bain & Company London and San Francisco partners Jonathon Ringer and Aaron Cheris.
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Retail VoiceFour ways to help Scottish businesses recover, rebuild and grow
As Scottish retailers continue their steps to recovery, many are looking at ways to maximise their growth potential in a bid to be fighting fit for the future.
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NewsTM Lewin tumbles into administration as homeworking takes toll
Menswear retailer TM Lewin has tumbled into administration for a second time since the pandemic began, blaming working from home for lack of demand.
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Opinion'From the pandemic into war – long-term disruption looks like retail’s new normal'
The Keynote: From the pandemic into war – long-term disruption looks like retail’s new normal
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Opinion‘As Lidl overtakes the Co-op, grocery’s established order could be set for a shake-up’
As Russia’s invasion of Ukraine heaps further pressure on global supply chains and commodity prices, Aldi and Lidl could permanently shift UK grocery’s established order, writes Hugh Radojev.
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NewsHotel Chocolat on a high as profits outstrip sales growth
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
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DataData: Lidl leapfrogs Co-op as food inflation hits fastest rate in nearly a decade
Both Aldi and Lidl’s grocery market share surged in February as spiralling food inflation hit its fastest rate of growth since late 2013.
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NewsPrimark sales rocket as lockdown fades into past
Sales at value fashion giant Primark surged 60% year on year in its first half – when stores remained open, in contrast to Covid closures the previous year.
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NewsLondon businesses unveil multibillion West End regeneration plan
The Heart of London Business Alliance (HOLBA) has unveiled its West End 2027 plan to rejuvenate the capital’s premier shopping district.
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AnalysisAnalysis: Flash in the pan or permanent shift – which pandemic trends will outlast Covid?
Retail Week looks at the key trends that have dominated during the pandemic to see which consumer behaviours are here to stay.
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NewsBoots to sell lateral flow tests for £5.99 after government scraps free testing
Boots will begin selling single lateral flow tests to customers from £5.99 from February 23, after the government announced it was scrapping free testing.
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NewsShopify warns of online slowdown despite soaring revenues
Shopify has warned that the likely absence of a “Covid-triggered acceleration of ecommerce” in the first half of 2022 looks set to impact revenue growth.
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NewsWatches of Switzerland sets sights on Europe after domestic sales soar
Watches of Switzerland has expanded into the European market after delivering a strong period of sales growth driven by a “thriving domestic clientele”.
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AnalysisAnalysis: Aldi vs Lidl – which discounter will take the edge in grocery’s next price war?
In the wake of the 2008 global financial crisis, Aldi and Lidl’s sales soared as cash-strapped customers switched. With the UK now facing the worst cost-of-living crisis in 30 years, which of the discounters is best placed to benefit?
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Opinion‘Amid all the turbulence, retail starts the year from a position of relative strength’
Christmas was good for many retailers, but to maintain share or increase growth in a volatile environment, it will be necessary to invest in differentiation, believes PwC industry leader for consumer markets Lisa Hooker
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NewsVirgin Wines blames rising cost pressures as it issues profit warning
Virgin Wines has blamed a host of macroeconomic factors, including spiralling inflationary and other cost pressures, after issuing a profit warning.
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Opinion‘The era of Covid-forgiveness is over – retail must put service at the top of the agenda’
Shoppers were willing to put up with lower standards of service while they and the retailers they relied on navigated the health emergency. But now, as conditions normalise, they expect better. Good service will increasingly characterise retail success but a poor experience will be punished, argues Luke Tugby.
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NewsFMCG giant Unilever set to slash thousands of jobs worldwide
Maker of Marmite and Dove soap Unilever is set to slash thousands of jobs around the world a week after its failed $50bn (£37bn) bid for the health division of a rival.
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NewsGetir to create thousands of new jobs as it ramps up UK expansion
Turkish ultra-fast delivery firm Getir has unveiled plans to create 6,000 new jobs across the country as it ramps up its UK expansion plans.
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NewsGorillas eyes international expansion with French acquisition
Rapid delivery start-up Gorillas is eyeing an expansion across the Channel, having entered into acquisition talks with French firm Frichti.