All Coronavirus articles – Page 62
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Opinion
Dispatch: Is Italian retail ready to emerge from lockdown?
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.
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News
Less than half of UK consumers comfortable with returning to stores
Fewer than half of UK adults would be comfortable returning to retail environments, even with social distancing measures in place, due to the coronavirus pandemic, exclusive research for Retail Week has found.
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Retail Voice
How retailers can prepare for the new normal post Covid-19
As government directives are gradually relaxed, essential and non-essential retailers require flexibility to quickly adapt, implement and communicate ongoing safety measures says OKI Europe’s head of vertical solutions, Javier Lopez.
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News
Aldi partners with Deliveroo to launch grocery delivery service
Aldi has joined forces with Deliveroo to pilot a grocery home delivery service in the UK.
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Retail Voice
The new normal: three ways coronavirus will transform delivery
The coronavirus pandemic has disrupted the retail industry in unprecedented ways and marks the start of a ‘new normal’ in retail.
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News
Intu seeks debt standstill as it braces to breach covenants
Retail property titan Intu has warned that it is “likely” to breach its covenants next month and is negotiating with lenders to freeze its debts during the coronavirus pandemic.
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News
Retailers’ fortunes flag on Sunday Times Rich List
A number of retailers have fallen in the rankings in The Sunday Times Rich List 2020 as tough market conditions impact their personal fortunes.
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News
JC Penney declares bankruptcy amid coronavirus pandemic
The US department store chain JC Penney, which filed for bankruptcy on Friday, is reportedly the largest retail casualty of the pandemic-induced economic downturn so far.
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Analysis
Retailers expect post-pandemic recovery to take up to a year
Retailers expectations about the length of time for recovery following the coronavirus pandemic have lengthened, despite some easing of lockdown measures.
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Opinion
Opinion: Next phase of Covid-19 crisis will present even tougher challenges
We are now into week 10 of lockdown and, after the government published its recovery strategy, it’s starting to feel like we’re perhaps coming to the end of the beginning of this crisis.
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News
Lidl launches online collection lockers at UK stores
Discount supermarket chain Lidl has rolled out delivery and collection lockers in stores for the first time to allow customers to “maximise” their shopping trips.
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Analysis
Analysis: How WHSmith is preparing for travel retail to take off again
The world’s travel plans have gone awry during the coronavirus pandemic, depriving WHSmith of shoppers in its travel stores, but boss Carl Cowling is confident he can pilot the retailer to a safe landing.
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News
Sainsbury’s to expand Chop Chop delivery service to help boost capacity
Sainsbury’s has unveiled plans to expand its Chop Chop bike delivery service to 20 UK cities outside London to help increase its online capacity.
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News
Boohoo eyes further acquisitions as it completes £200m fundraise
Pureplay fashion retailer Boohoo has successfully raised close to £200m in less than 24 hours as it eyes already struggling high street brands stricken further by the coronavirus.
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Opinion
Opinion: Job retention scheme extension is welcome news for retail
As we begin to descend the coronavirus mountain – to borrow the prime minister’s analogy – the thoughts of business leaders have turned to the question of how to get Britain back to work.
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Analysis
Coronavirus Consumer Pulse: How lockdown is shaping Covid-19 consumer habits
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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News
M&S launches sale as it brings forward start date for new fashion boss
Marks & Spencer has announced a 50% sale on clothing, on the same day it bought forward the start date of its new clothing and homewares boss Richard Price.
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News
Coronavirus: Global Fashion Group sales grow during lockdown as it eyes profitability
Pureplay retailer Global Fashion Group (GFG) has reported an increase in sales in the first quarter and improving margins as it eyes profitability.
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News
Tesco, Sainsbury’s and Morrisons execs scoop hefty bonuses
Executives at three of Britain’s biggest grocers have been awarded hefty bonus packages.
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News
Watches of Switzerland sales rise despite ‘significant’ coronavirus impact
Watches of Switzerland has posted an increase in full-year sales despite its top line being “significantly impacted” by the coronavirus crisis.