All Coronavirus articles – Page 44
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NewsDr Martens’ profits climb as online sales soar
Footwear brand and retailer Dr Martens has posted a rise in annual sales and profits, helped by strong online growth.
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NewsJust Eat sales and earnings leap during lockdown
Food delivery service Just Eat as reported a surge in sales and earnings after the coronavirus outbreak spurred demand.
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NewsAsos profits to beat expectations as returns rate falls
Online fashion giant Asos expects sales and profits this year to come in “significantly ahead of market expectations”.
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Opinion‘Could Amazon’s JC Penney swoop offer a glimpse into its UK plans?’
With Amazon in discussions to buy abandoned department stores in the US to turn into dedicated distribution centres, might the etail giant do the same in the UK – and would it work?
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NewsZalando half-year profits rise spurred by new customer surge
Despite a “challenging trading environment”, Zalando has recorded a strong uplift in profits and gross merchandise volume in its first half.
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NewsDebenhams axes 2,500 jobs in fresh cost-cutting drive
Debenhams is axing 2,500 staff across its stores and warehouses as the business grapples to reduce its cost base.
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NewsCo-op and Deliveroo partnership extended to 400 stores across the UK
Convenience store retailer the Co-op has extended its delivery partnership with Deliveroo to cover 400 of its stores in the UK.
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NewsDomino’s Pizza half-year profits slip despite sales rise
Domino’s Pizza’s profits dropped in the first half, as the takeaway retailer switched to delivery-only amid the coronavirus pandemic.
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Opinion‘V-shaped recovery masks wildly divergent retail performance’
Not a day seems to have passed recently without a CVA or job losses from one retailer or another as a result of the lower footfall, lower spend and acceleration in shift online caused by the pandemic.
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NewsRetail sales inch up in July as lockdown measures ease
Retail sales registered a second consecutive month of growth in July, which BRC chief executive Helen Dickinson said was as “a step in the right direction”.
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NewsBusiness rates holiday extension vital to prevent mass exodus from West End
An extension beyond next April of the existing business rates holiday or a reduction of rates by at least half is the only thing that will stop hundreds of retailers deciding to quit the West End in September, according to the New West End Company (NWEC).
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AnalysisWeek eight of trading post-lockdown – what you need to know
Retail footfall across the UK jumped 3.8% last week, as the ‘eat out to help out’ scheme gave a much-needed boost to destinations, albeit largely after 6pm.
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NewsProperty sector calls for £1.75bn ‘bounceback’ grant to stave off closures
Five industry trade bodies have called on the government to cover 50% of unpaid rents across the retail, hospitality and leisure sectors in a bid to stave off further closures and job losses.
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AnalysisFour charts that show how shopper behaviour will change after the pandemic
Retail lockdown and the increased reliance on online retail has triggered a significant movement in how customers plan to shop in future.
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NewsUK headed for autumn job losses as third of businesses expect cuts
One in three UK businesses expect to make job cuts by October, according to a new poll that shows the effects of the coronavirus on the economy are beginning to accelerate.
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NewsWHSmith demands rent cuts as pandemic hits revenues
WHSmith has become the latest retailer to demand rent cuts from landlords in a bid to contain spiralling costs and offset sliding sales due to the coronavirus pandemic.
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NewsSuperdry takes out asset backed loan as sales slump due to coronavirus
Fashion retailer Superdry has opened a new asset backed lending (ABL) facility with its lenders as sales for the first quarter slumped due to the ongoing pandemic.
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Retail VoiceHow masks will instil consumer confidence in retail once more
Popping a mask into your pocket when you leave the house has quickly become the norm and now face coverings are helping retail get back on its feet, says Richard Mears, founder and CEO of Breathe Happy
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VideoWatch: Pets at Home, SilkFred and BrandAlley CEOs on the new drivers of loyalty
Some of the sector’s leading chief executives have come together to debate the future of loyalty in the new world of retail.
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NewsUber food delivery overtakes ride sharing during lockdown
Ride-sharing app Uber’s latest set of results show its nascent food delivery business has overtaken its taxi service as people around the world stayed at home during lockdown.