All Coronavirus articles – Page 41
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AnalysisAnalysis: Will The Hut Group’s IPO float or sink?
The Hut Group has finally revealed its intention to float on the London Stock Exchange after many years of speculation. Retail Week analyses whether it will hit its punchy £4.5bn valuation and why it has chosen to attempt it now.
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NewsPret to cut almost 3,000 jobs as pandemic sets business back by a decade
Sandwich and coffee shop giant Pret A Manger is to axe 2,800 roles after sales fell back to the level of 10 years ago, as the Covid-19 pandemic decimated trading.
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GalleryStore gallery: Amazon opens first supermarket in Los Angeles
Amazon has opened the doors of its first Fresh supermarket in the latest push by the tech giant into food retail.
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OpinionThe Secret Retailer: ‘Financial cliff edge looms without rent standstill deal’
We have to secure an extension to the moratorium on landlords taking action against retailers that do not pay rent.
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NewsScrewfix to open 40 new stores by new year
Screwfix plans to open 40 new stores in the coming months despite the impact of the coronavirus pandemic on the retail industry.
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NewsThe Works swings to loss amid ‘significant’ coronavirus impact
The Works has swung to a pre-tax loss following the “significant impact” of the coronavirus crisis.
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NewsWorld Retail Congress goes digital for 2020
The World Retail Congress, sister brand to Retail Week and Retail Week Live, is launching a virtual Congress that will be streamed live on September 15-17.
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NewsSupply chain watchdog shuns Boohoo Leicester inquiry, questions independence
Supply chain monitor the Ethical Trading Initiative (ETI) has declined to take part in Boohoo’s Leicester inquiry, questioning its focus on factories and not on the retailer’s buying procedures.
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GalleryStore gallery: WHSmith’s new ‘blended essentials’ Heathrow store
WHSmith’s latest travel retail concept, launched in Heathrow airport’s Terminal 2, features a mix of health and beauty, gifts, books and snacks to create a travel one-stop-shop.
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AnalysisThe Big Question: Should John Lewis scrap its ‘never knowingly undersold’ pledge?
Since it was introduced in 1925, John Lewis’ ‘never knowingly undersold’ pledge has become a UK retail institution, but new boss Dame Sharon White has hinted it is likely to be scrapped under her new strategy. Industry experts offer their thoughts on whether the retailer should ditch the famous slogan
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NewsNew Look ‘very confident’ of winning CVA support but landlord body hits out
New Look chief executive Nigel Oddy is “very confident” landlords will back the fashion retailer’s proposed CVA – its second in two years.
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NewsNew Look launches CVA following new financing
Under-pressure fashion retailer New Look has unveiled CVA proposals after conducting a £440m debt-for-equity swap and with lender backing.
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NewsDebenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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AnalysisRetail job cuts: is there any end in sight?
As the impacts of the coronavirus pandemic hammer the economy, the retail industry has been among the hardest hit when it comes to job losses. Retail Week explores whether there is an end in sight and if further cuts could be prevented.
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Opinion‘Tesco and AO can kick-start the retail jobs evolution’
Sixteen thousand people. That’s enough to fill Hampshire Cricket’s Ageas Bowl, where England have been taking on Pakistan in a test match this week.
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NewsJohn Lewis launches virtual queueing trial in stores
John Lewis and Waitrose are piloting virtual queuing technology in stores to eliminate physical queues and protect customers from coronavirus.
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NewsDFS reports trading ‘significantly ahead of expectations’
DFS, the specialist sofa retailer, has reported strong trading in recent weeks as consumers splashed out on their homes.
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NewsArcadia under fire over furlough redundancy terms
Sir Philip Green’s Arcadia fashion empire has been accused of possible law-breaking over redundancies connected to the government furlough scheme.
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NewsTreasury denies chancellor is looking to ditch digital sales tax
The Treasury has denied it is considering ditching the £500m digital sales tax first introduced in March, following reports at the weekend.
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NewsStudio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.