All Coronavirus articles – Page 30
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NewsRetail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
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Opinion‘Retailers must be smarter than ever to pass Black Friday demand test’
With ecommerce sales already at a record high, the anticipated spike in online orders expected over the Black Friday and Cyber Monday period will put even greater strain on retailers and logistics providers alike.
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Opinion‘As lockdown bites, retailers can’t afford to squabble like cats in a bag’
As the retail industry labours under the restrictions of a second lockdown, some are adopting a beggar-thy-neighbour attitude that is in the interests of nobody.
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DataCoronavirus Consumer Pulse: Web traffic spikes ahead of second lockdown
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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NewsHarrods lockdown closure prompts credit renegotiation
Department store Harrods has renegotiated the covenants of a £200m syndicated loan following the latest Covid-19 lockdown.
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NewsJohn Lewis leads calls for clarity on Christmas reopening
John Lewis has urged the government to provide clarity urgently about whether stores can reopen in December when the latest lockdown in England is scheduled to end.
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Opinion‘Retailers’ cash is stronger than expected, but the outlook has weakened’
HSBC UK head of retail and leisure James Sawley takes the temperature of retail performance and finances as a new lockdown begins.
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InterviewInterview: Very boss Henry Birch – ‘If it’s not a record peak, I’m resigning’
If you were compiling a list of retailers that are doing better today than they were two years ago, it probably would not be a very long one.
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NewsRetail rages over government store closure guidance
Retailers have been left angry and confused by the government’s handling of second lockdown store closures, after its guidance on mixed essential and non-essential retail was published late.
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NewsEntertainer boss’ fury at Westfield rent demand as lockdown begins
The Entertainer founder Gary Grant has reacted with anger and disbelief after lawyers acting on behalf of Westfield shopping centres demanded outstanding rent as his stores shut for the second lockdown.
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Opinion‘As more jobs go, leaders can never forget responsibility for lives and livelihoods’
The numbers this week speak for themselves.
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AnalysisAnalysis: Simon Roberts’ new vision for Sainsbury’s future
Four months into his new role as Sainsbury’s chief executive, Simon Roberts has unveiled his strategic vision for the grocer and its stable of brands.
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NewsSuperdry boss anticipates post-lockdown rush as stores close
While Superdry recorded a loss for the first half, boss Julian Dunkerton believes December will see customers rushing back to stores if lockdown restrictions ease.
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NewsDunelm and DFS forced to close under new lockdown regulations
Under the new lockdown restrictions homewares retailers Dunelm and DFS stores are not counted as essential.
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NewsChancellor Sunak extends furlough scheme until March
Chancellor of the exchequer Rishi Sunak has announced that the government’s job retention scheme will be extended until the end of March.
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NewsN Brown taps up investors for £100m fundraising as half-year profits fall
N Brown has launched a £100m fundraise to accelerate its strategy alongside reporting a decline in interim profits and sales.
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NewsSainsbury’s to axe 3,500 jobs as interim sales climb
Sainsbury’s has unveiled strong underlying results at the half-year mark as it revealed plans to streamline its Argos stores estate and shutter food counters in store, putting 3,500 jobs at risk.
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OpinionMichael Jary: ‘New normal? Retail needs to get used to the new weird’
Back in March I wrote on Retail Week that coronavirus would bring a tipping point: a permanent change in industry structure. At the time some readers wondered whether I might be hyperbolising. It turns out I hardly knew the half of it.
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AnalysisRetailer-supplier collaboration key to reacting to market trends, says Kraft Heinz
Retailers and brands must boost collaboration in order to overcome data lags and ensure lightning-fast responses to market trends, Kraft Heinz Company vice president of EMEA marketing Victoria Sjardin has told Retail Week.
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AnalysisLockdown 2.0: How to look after your mental health through Covid Christmas
As England goes back into national lockdown, fears are rising that the country could be about to be gripped by a mental health crisis.