All Coronavirus articles – Page 38
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NewsNext resilience through pandemic prompts profits optimism
Fashion giant Next has increased its full-year profit guidance as it navigates the disruption caused by the Covid pandemic.
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VideoFace time: Andy Burnham on how to revive city centres and protect retail during a second wave
Mayor of Greater Manchester Andy Burnham speaks to Retail Week about how to get shoppers back to city centres, what needs to be done to protect the retail sector if a second coronavirus wave is to hit and why supermarkets need to do more to enforce the wearing of face masks.
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OpinionAndy Clarke: ‘Consumers haven’t felt the real pain yet, but they will’
It’s the cliché of 2020 to read that we are in unprecedented times, or this, that and the other have been changed forever by the Covid crisis.
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Retail VoiceBuilding dynamic supply chains for tomorrow’s consumer
Now is the time to build back better with more dynamic, agile and flexible supply chains capable of meeting the shifting behavioural needs of the post-coronavirus consumer.
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NewsGovernment extends commercial evictions ban until the end of 2020
The government has extended its moratorium on commercial tenant evictions until the end of 2020 in a move that will likely further deepen divisions between retailers and landlords.
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NewsInditex returns to profitability as online sales soar
Inditex has posted a profit in its second quarter, as it begins to recover from the impacts of the coronavirus pandemic.
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NewsThe Hut Group begins trading on London Stock Exchange after successful float
The Hut Group has begun trading on the London Stock Exchange this morning after its successful float raised £1.88bn, in turn pushing its market capitalisation to £5.4bn.
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NewsNew Look CVA gets green light from landlords saving over 11,000 jobs
New Look has had its company voluntary arrangement (CVA) seeking to move over 400 of its stores on to turnover-based rents approved by creditors, saving over 11,000 jobs.
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NewsOcado struggling with new customer backlog despite capacity increase
Ocado’s chief financial officer has defended the retailer’s response to growing demand for its service, despite saying it was “barely scratching the surface” with regards to its backlog of new customers.
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NewsH&M posts ‘better than expected’ recovery
H&M has announced it expects a return to profit this year, as its finances begin to recover post-Covid.
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NewsTesco wades into supermarket price war with two-pronged savings salvo
Supermarket giant Tesco has become the latest grocer to wade into the price war, unveiling sweeping cuts to customers through Clubcard and its Aldi Price Match.
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AnalysisAnalysis: The local councils on a mission to revive shopping centres
While shifting customer behaviours and now coronavirus have taken a heavy toll on traditional shopping centre owners, Retail Week looks at the councils and retailers seeking to revitalise these spaces.
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Opinion‘As a second lockdown looms, here’s what shielded shoppers would love from retailers’
New restrictions are a stark reminder that the pandemic is not over. Shielded shopper and retail analyst Michael Lieblich shares his experience of what retailers are doing well and what they could do better for vulnerable customers.
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AnalysisAnalysis: Does a new golden age beckon for UK grocers following pandemic?
Morrisons boss David Potts described the first half of the year as the “renaissance of the British supermarket”. Retail Week analyses whether the stats back up his assertion and what it means for the wider grocery market
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NewsMorrisons boss Potts pledges further price cuts in run-up to Christmas
Morrisons chief executive David Potts has pledged that the grocer will make further price cuts in the run-up to Christmas as the effects of the recession continue to bite.
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NewsWatch: B&Q launches new ‘Build a Life’ campaign
B&Q has launched its latest campaign “Build a Life”, which marks a new creative direction for the retailer.
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NewsWatch: Tesco must do more to enforce face masks in store, urges Andy Burnham
Andy Burnham, the Mayor of Greater Manchester, has slammed supermarkets for not enforcing the wearing of face masks in-store in an interview with Retail Week.
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NewsMorrisons profits fall as Covid costs bite
Morrisons has suffered a drop in profits during its first half as it absorbed costs associated with weathering the coronavirus pandemic.
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Opinion‘If landlords reject New Look CVA, they’ll be next in line for administration’
A lot of people have had to swallow bitter pills to help safeguard the future of New Look. Now one final group, landlords, is being asked to share the harsh medicine.
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AnalysisAnalysis: How coronavirus has shifted JD Sports boss Cowgill’s priorities
JD Sports has made a name for itself as one of UK retail’s star performers. And despite the hammer blows coronavirus has delivered to swathes of the sector, the sports fashion giant has emerged bruised but still swinging.