All Covid-19 articles – Page 59
-
AnalysisAnalysis: Will Ted Baker’s new ‘growth formula’ put it back in fashion?
After enduring a torrid 2019 marred by numerous profit warnings and seismic change at management level, Ted Baker has unveiled a new strategy designed to take the business forward. Retail Week analyses whether it will be enough to return the fashion brand to its former glories
-
AnalysisLive updates: Tracking retailers’ store reopening plans
The government has announced that all non-essential shops may open for trading from June 15. Retail Week tracks what retailers are planning to do in the new socially distanced world. Last updated on June 12.
-
NewsPrimark: Online ‘not a priority’ as it prepares for stores reopening
Primark will not prioritise the creation of a transactional online business despite the rise of ecommerce during the Covid-19 pandemic.
-
NewsJD Sports to reopen ‘as many stores as possible’ on June 15
JD Sports will reopen most of its store estate from June 15, according to a note from Peel Hunt.
-
NewsPret a Manger to renegotiate rents as it prepares for post-pandemic world
Sandwich and coffee specialist Pret a Manger has drafted in advisers to renegotiate rents as it adapts to the effects of the coronavirus pandemic.
-
NewsTed Baker launches fundraising to drive recovery after profits collapse
Ted Baker has reported a plunge into loss last year and unveiled a fundraising to enable a return to growth.
-
NewsPrimark targets June 15 reopening for majority of stores
Value fashion giant Primark aims to open its English stores a fortnight today, by which time the majority of its international estate will be trading again.
-
NewsCoronavirus: Employers to contribute 20% of furloughed staff salary from October
Chancellor of the exchequer Rishi Sunak has unveiled changes to the furlough scheme which will see employers contribute 20% of all staff salary by October.
-
NewsAlibaba launches influencer recruitment drive to bolster international spend
Alibaba aims to sponsor 100,000 influencers through its international online marketplace AliExpress in a bid to drive online spending.
-
NewsDebenhams chief executive steps down as reopening nears
Debenhams’ chief executive Stefaan Vansteenkiste has stepped down as the department store group prepares for the next phase of its turnaround.
-
AnalysisThe Big Question: Can socially distanced stores make a profit?
Since the government announced June 15 as the date from when non-essential retailers can look to reopen stores, many retailers are now wondering if they can operate stores profitably in an era of social distancing. Industry experts give their views.
-
NewsCoronavirus: Government to publish high street code of conduct on rental payments
The government has established a working group and plans to publish a code of conduct to encourage “fair and transparent” discussions between landlords and high street business tenants over rental payments.
-
NewsThe Entertainer to reopen stores with fast-track services
The Entertainer is set to reopen stores in keeping with government guidelines on June 15 and has introduced new fast-track measures to help serve customers as fast as possible.
-
AnalysisAnalysis: How fashion retailers can offload £15bn of old stock without huge Sales
With non-essential retail stores just weeks away from reopening their doors, many retailers now have to contend with the excess out-of-season stock that has piled up in both stores and warehouses.
-
NewsEve Sleep hails ‘improving trading’ patterns despite lockdown
Eve Sleep has hailed “improving trading” patterns during April and May following initial “disruption” sparked by the coronavirus crisis.
-
NewsHarrods to launch outlet store at Westfield London
Harrods is to open an outlet store at Westfield London to help it shift excess seasonal stock that has gone unsold during the coronavirus crisis.
-
NewsB&M sales surge as DIY and gardening demand spikes in lockdown
B&M has posted a jump in sales during lockdown, driven by “exceptionally strong” performance in grocery, DIY and gardening categories.
-
OpinionOpinion: Forget the past – the months ahead will define retailers’ futures
There is a strange juxtaposition to be juggled in the minds of retail leaders as they prepare for a June 15 reopening.
-
NewsMonsoon Accessorize teeters on brink putting 3,500 jobs at risk
Monsoon Accessorize is on the brink of becoming the latest retailer to tumble into administration amid the coronavirus crisis, putting 3,500 jobs at risk.
-
VideoFace time: Gousto CTO Shaun Pearce on why recipe boxes will 'stick around' post-pandemic
With the recipe box market thriving amid the coronavirus pandemic, Gousto has surfaced as one of the winners, securing an extra £33m in funding. Chief technical officer Shaun Pearce talks to Retail Week about the company’s plans and how he sees demand for recipe boxes growing post-lockdown as “online grocery habits stick around”.
