All Coronavirus articles – Page 53
-
NewsH&M sales slip but retailer predicts imminent recovery
H&M reported that its sales slumped during the first half of the year as the effects of the pandemic bit, but predicted that a recovery was on the horizon.
-
NewsIntu slumps into administration but confirms centres will stay open
After long-running talks with creditors failed last night, Intu has finally slipped into administration but confirmed its shopping centres would continue to trade for the time being.
-
NewsNike sales plunge amid pandemic store closures
Nike has posted a drop in its quarterly sales with rising online revenue failing to offset declines.
-
NewsTesco first-quarter sales jump driven by lockdown ecommerce surge
Tesco has reported strong sales growth in its first quarter bolstered by online as lockdown measures prompted a surge in demand.
-
NewsIntu administration looms as financing talks fail
Embattled retail landlord Intu has said it is ‘likely’ to appoint administrators as negotiations with its lenders stall.
-
NewsRetail landlords collect less than 15% of rent owed on quarter day
Retail landlords received a fraction of due rent on quarterly rent day earlier this week, with Boots among the big name retailers that withheld some payments.
-
OpinionOpinion: How to sustain team culture while home working
The office dynamic cannot be replicated entirely at home, but businesses can take steps to ensure people continue to feel engaged and valued
-
NewsCo-op urges government intervention after attacks on staff increase
The Co-op’s food boss has warned that the coronavirus pandemic has seen an increase in violence against staff and called on the government to urgently introduce legislation to protect shopworkers.
-
NewsMatalan bolsters board as full-year profits fall
Matalan’s full-year profits dropped despite a slight uptick in revenues, amid a challenging backdrop of political uncertainty and decreased spending.
-
NewsN Brown profits and sales slump in ‘year of restructuring’
N Brown has reported falling profits and sales across its brands in what it called a “year of restructuring”.
-
AnalysisAnalysis: Five socially distanced shopping trends that are here to stay
From virtual interior design consultations to drive-thru collections, retailers have had to re-examine how they do business in the wake of coronavirus. Retail Week takes a look at the measures that will have staying power long after the two-metre rule has been scrapped.
-
AnalysisData: Consumers plan to rein in spending for the next 12 months
Exclusive consumer research by Retail Week reveals that shoppers plan to rein in their spending in the next 12 months as they reconsider their purchasing habits in the wake of the global pandemic
-
NewsCMA clears Amazon-Deliveroo tie-up despite financial turnaround
The competitions watchdog has once again provisionally cleared ecommerce giant Amazon’s investment in food delivery app Deliveroo, despite the latter’s financial turnaround.
-
AnalysisGo Outdoors rent day pre-pack – is JD Sports right to shaft landlords?
JD Sports has become embroiled in controversy after putting subsidiary Go Outdoors into administration before promptly buying it back and seeking to secure better rent deals. But should JD be cheered or jeered?
-
NewsVery Group axes 141 roles in tech-driven restructure
The Very Group is cutting a number of roles across its head office and customer care team as it transforms its business in the wake of the coronavirus pandemic.
-
NewsBeaverbrooks sales soar as shoppers flock back to stores
Jewellery retailer Beaverbrooks has reported a marked increase in sales in the week following its reopening of stores on June 15.
-
NewsJD Sports buys Go Outdoors back out of administration
JD Sports has bought its subsidiary Go Outdoors back for £56.5m in a bid to renegotiate better rents with landlords after putting the business into administration earlier this week.
-
NewsNaked Wines narrows losses as lockdown accelerates sales growth
Naked Wines has reported narrowing losses in its full-year results spurred by a “sharp acceleration” in sales since the outbreak of the coronavirus pandemic in the West.
-
Retail VoiceCovid-19 has accelerated the ESG agenda – are you ready?
Amid the global Covid-19 pandemic, an important topic that has come sharply into focus is environmental, social and governance (ESG) considerations.
-
NewsSwedish bed brand Carpe Diem makes UK debut
Luxury bed brand Carpe Diem, founded in Sweden 25 years ago, has launched UK ecommerce operations and a London flagship store, despite the impacts of the coronavirus pandemic on international retail.