All Coronavirus articles – Page 63
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NewsWHSmith sales decimated by coronavirus as first-half profits dip
WHSmith’s sales have been obliterated by the coronavirus as lockdown restrictions decimated its travel division.
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NewsCoronavirus: Multichannel retailers' online sales soar in lockdown
Multichannel retailers have registered a larger spike in sales than their pureplay counterparts as online revenues surge overall due to the coronavirus lockdown.
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VideoFace time: Poundland boss Williams on trading on pandemic-hit high streets
Poundland managing director Barry Williams talks to Retail Week about the challenges of trading during the coronavirus pandemic, which has seen “10 years of consumer behaviour condensed into 10 weeks”.
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OpinionOpinion: Oxford Street needs post-pandemic retail reinvention
It’s the UK’s premier urban shopping destination, but London’s Oxford Street will need a lot of TLC to recover from the impact of the coronavirus outbreak.
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AnalysisDeep dive: Retail Darwinism – who will emerge from Covid-19 as retail’s fittest?
Coronavirus may be hitting retailers across the world indiscriminately but the most powerful – those with the strongest financial footing, robust business models and omnipresent appeal – will emerge in a far better position than the rest.
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NewsEx-Debenhams workers in Bangladesh plead to be paid
Former Debenhams staff in Bangladesh have uploaded a video to YouTube pleading to be paid following the department store group’s administration.
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NewsMarks & Spencer to start reopening cafes
Marks & Spencer is to reopen 49 in-store cafes from tomorrow, serving takeaway hot drinks only.
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NewsMorrisons introduces ‘speedy shopping’ to cut down on queueing times
Morrisons has introduced a new ‘speedy shopping’ system for customers looking to make smaller basket purchases in a bid to reduce queuing times outside its supermarkets.
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NewsRetail sales record sharpest decline on record despite online surge
Retail sales in April registered a record decline as comparatively subdued Easter grocery sales compounded non-essential shop shutdowns.
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VideoFace time: AO boss John Roberts on the ‘new world of retail’
AO.com chief executive John Roberts discusses how the coronavirus crisis is shaping the “new world of retail” and why company culture will be increasingly important in the post-pandemic future.
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AnalysisRetail 2020: 25 leaders on the year ahead
Exclusive interviews with retail CEOs reveal how the pandemic has impacted their businesses, the industry’s tentative road to recovery and what the long-term effects may be for the sector.
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NewsCoronavirus: Dobbies to reopen UK garden centres
Garden centre operator Dobbies will reopen its 54-strong UK store estate from tomorrow with social distancing measures in place.
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NewsChancellor extends furlough job retention scheme until end of October
Chancellor Rishi Sunak has extended the furlough job retention scheme until the end of October but said the government wants employers to contribute more.
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NewsLandsec reveals hole in portfolio and warns of lengthy recovery
Institutional landlord Landsec has revealed a near £1.2bn hole in its property portfolio and warned that it does not expect the economy to recover to pre-coronavirus levels until 2022 at the earliest.
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AnalysisData: Grocery out-of-stocks edge down as stockpiling eases
As lockdown restrictions begin to ease, data from Edge by Ascential shows that grocery retailers are starting to see more stable demand spread out throughout the week, helping them to better manage their online stock levels.
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NewsMoss Bros U-turns to resume online trading
Moss Bros is reopening its ecommerce arm with a “reduced workforce” from tomorrow, following recent government guidance about returning to work.
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AnalysisRetailer sentiment worsens over coronavirus recovery time
Retailers have become more pessimistic about how quickly the industry can recover from disruption caused by the coronavirus pandemic.
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NewsAO expects profits in line with predictions as coronavirus boosts online growth
AO said it expects sales and profits for the financial year to be in line with analyst expectations and said the coronavirus has created a ‘new normal’ in terms of online electricals’ share of the market.
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NewsKingfisher sales hammered by coronavirus store closures
Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.
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NewsMorrisons first quarter sales up despite ‘highly volatile’ trading
Morrisons has reported sales growth in the first quarter despite “highly volatile” trading patterns and a worse-than-expected Easter due to the ongoing coronavirus lockdown.