All Coronavirus articles – Page 55
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News
DPD bets £200m on lockdown ecommerce boom becoming ‘new normal’
Parcel delivery firm DPD has committed to investing £200m in new vehicles and depots as it bets big on the lockdown-inspired ecommerce boom becoming retail’s “new normal”.
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News
Superdry ends Chinese joint venture following strategic review
Fashion brand Superdry has confirmed it has ended its Chinese joint venture with Trendy, following a review of its long-term business strategy in the region.
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Retail Voice
Why you must facilitate change to boost your business
Embracing a proven approach towards business transformation is the key to efficient, profitable and lasting change, says Retail Insight’s Xander Friedländer
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Analysis
John Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
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Future Leaders
Be Inspired: Workplace wellbeing to remain top priority post-pandemic
ellbeing Wednesday was the theme of day three of the Be Inspired virtual conference. RWRC heard from retail leaders on why lessons learned around mental health and employee wellbeing during the coronavirus crisis will stick
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News
Kingfisher unveils new strategy as full-year profits fall
B&Q’s parent company Kingfisher reported a dip in full-year sales and profits as new chief executive Thierry Garnier unveiled new ‘Powered by Kinfisher’ group strategy.
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Analysis
Retail 2020: Technology remains major priority, say retail chiefs
Back-end systems and ecommerce are two of the prevailing areas retailers will invest in during 2020, Retail Week’s annual flagship report finds
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News
Pret A Manger launches trial click-and-collect service
Sandwich and coffee specialist Pret A Manger has launched a click-and-collect service from five of its London stores.
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Future Leaders
Be Inspired: What makes a good leader during a crisis?
Resilience, overcoming obstacles and crisis management were core themes of day two of the Be Inspired virtual conference. RWRC heard from retail and business executives on how they’re navigating challenges in this difficult period and the positives they have taken from it
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Opinion
Opinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
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News
Wickes owner Travis Perkins to slash jobs and close stores
Wickes owner Travis Perkins is set to slash 2,500 UK jobs and close 165 stores across its various brands due to weaker than expected demand for building materials due to the ongoing coronavirus pandemic.
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News
Greggs to reopen 800 stores as coronavirus spurs strategic changes
High street baking giant Greggs is set to reopen 800 of its stores for takeaway later this week, as it stalls on new store openings and discusses moves to monthly rent payments.
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News
Joules to finish year in the red as store closures slash sales
Fashion brand Joules has predicted it will finish its 2020 financial year in the red after the lockdown of its store estate saw group revenues plummet.
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Analysis
Analysis: Six beauty brands on retailers' M&A radar
Following the acquisition of beauty guru Charlotte Tilbury’s eponymous brand by Spanish conglomerate Puig last week, Retail Week examines which independent beauty brands could be next on the hit list.
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Opinion
Opinion: Reimagining retail for post-pandemic world
Change has been forced upon us – both good and bad – and we have yet to determine how much will stick. Understanding which consumer trends will prevail is critical to future investment decision-making and building competitive advantage.
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News
In pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
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News
H&M sales halved during lockdown as retailer eyes reopening recovery
H&M’s sales collapsed by more than a half in the three months to May 31, but they have started to improve during the first two weeks of June as more of its international store estate reopens.
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News
Retail footfall to suffer ‘for some time to come’, BRC warns
Footfall to retail locations will continue to suffer “for some time to come”, the British Retail Consortium (BRC) has warned, despite non-essential shops reopening their doors today.
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News
Retailers to reopen today after three months in lockdown
Retailers across England will reopen their doors today for socially distanced shopping after almost three months in lockdown.
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Opinion
Dispatch: How Brazilian retail has innovated at the height of Covid-19
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.