All Coronavirus articles – Page 54
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NewsLandlords brace for worst quarterly rents day
Retail landlords are bracing for what could be the worst quarterly rent day ever, when what is paid could be as little as 10% of what is owed.
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AnalysisIn numbers: How coronavirus transformed grocery retail in three months
Kantar’s latest grocery figures paint a full picture of a three-month period that has rapidly changed the face of food retailing. Retail Week analyses some of the key lessons from lockdown for the grocery sector.
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OpinionOpinion: Raise a glass – responsibly – to lockdown relaxation
As retail reopened last week, there was no getting away from the fact that there was a gaping hole at the heart of town centres and other shopping destinations: the absence of almost any form of recreation.
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NewsShoe Zone swings to half-year loss as it closes 20 stores
Shoe Zone has reported a half-year loss and a fall in sales as it unveils plans to reduce the size of its store estate to cut costs.
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NewsPoundland owner’s first-half performance hit by pandemic
Value group Pepco, owner of the Poundland and Dealz chains, has posted a fall in first-half profits but said that sales are returning to pre-pandemic levels.
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NewsSunday trading reform doomed as MPs line up in opposition
Plans to liberalise Sunday trading hours for big stores such as supermarkets look likely to be abandoned in the face of parliamentary opposition.
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NewsIntu puts administrators on standby as rescue talks continue
Troubled retail property group Intu has lined up administrators in case talks with creditors fail.
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Retail VoiceRetail solutions for a post-Covid-19 world
he retail industry comes to terms with a range of fundamental challenges that no one could have foreseen, retail expert Richard Hyman of Ergonomic Solutions shares his thoughts on what the lasting impact will be.
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AnalysisThe Big Question: What should be done to kick-start the retail economy?
Shops are reopening but it’s still anything bar business as normal in town centres and other retail destinations. Industry experts share their views on how to encourage an enthusiastic resumption of retail therapy among consumers.
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NewsRetailers warn VAT cut could heighten coronavirus risks
Senior retailers have raised concerns that any temporary cut to VAT could result in extra cash-handling and increase the risk of spreading the virus.
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NewsJD Sports’ Go Outdoors brand tumbles into administration
JD Sports has confirmed the appointment of administrators for its struggling Go Outdoors brand, following days of speculation about the fascia’s future.
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Retail VoiceA third of staff want to work from home long term
The pandemic will permanently change employee expectations regarding remote working, says Citrix’s Rob Kenny, with working from home top of the list for many.
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NewsBan on high street evictions extended until the autumn
The government has extended its ban on evictions of high street businesses over non-payment of rents until at least the autumn.
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NewsStudio Retail Group sales soar in lockdown
Value group Studio Retail has recorded a 55% sales increase year on year in the 11 weeks since April 23.
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NewsJohn Lewis to reopen nine more stores after successful first week
John Lewis intends to reopen of nine more stores on June 25, after it initially reopened in Kingston and Poole on Monday and 11 more later in the week.
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NewsSunak calls on US to back digital tax for tech giants
Chancellor Rishi Sunak has urged the US to support a digital services tax after America turned its back on talks about the issue.
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OpinionOpinion: How to ace a virtual job interview
It barely needs repeating that retail is entering a ‘new normal’. Some changes, such as social distancing in shops, will hopefully be temporary, while others are set to become a permanent feature of the new business landscape.
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NewsConsumer confidence rises in June as non-essential stores reopen
Consumer confidence rose month on month in June as shoppers felt more optimistic about the economy and their personal finances looking ahead.
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NewsShops in Scotland to reopen from June 29
High street retailers will be allowed to reopen stores in Scotland from June 29, though the measures announced by the first minister mean shopping centres must remain shut.
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AnalysisAnalysis: Is Kingfisher’s new strategy enough to rebuild it?
Under the management of chief executive Thierry Garnier, who joined the group in September, Kingfisher has announced its new strategy, ‘Powered by Kingfisher’ – but will it be enough to turn things around?