All Coronavirus articles – Page 68
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NewsCoronavirus: JD Sports boss Cowgill takes 75% pay cut
JD Sports has launched a range of cost-cutting measures and delayed the publication of its preliminary results amid the coronavirus pandemic.
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AnalysisAnalysis: How coronavirus forced the Co-op to fix what wasn’t broken
Buoyed by six consecutive years of like-for-like growth, the Co-op could have justly looked forward to another bumper year in 2020. But the coronavirus has forced it to fundamentally rethink a strategy that was reaping rewards.
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NewsSainsbury’s to extend trading hours at supermarkets and convenience stores
Sainsbury’s chief executive has written to customers saying the grocer will be extending trading hours at supermarkets and convenience stores to reduce queuing inside and outside stores.
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NewsSharpest decline in retail sales on record as store closures bite
The Office for National Statistics (ONS) has recorded the steepest decline in retail sales in March since the tracker was launched in 1996.
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NewsCoronavirus: Consumer confidence stabilises after early-April crash
Consumer confidence has stabilised after crashing at the start of the coronavirus crisis, although experts have refused to rule out a further slump to record lows.
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NewsCo-op warns of £200m coronavirus costs as profits rise
The Co-op has warned that it faces additional costs of more than £200m associated with the coronavirus crisis as it ramps up efforts to “feed the nation”.
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NewsUnilever boss: Coronavirus to spark ‘inflection point’ for ecommerce
The boss of consumer goods giant Unilever has warned that the coronavirus crisis will spark an “inflection point” for online food shopping.
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NewsMike Ashley’s Frasers Group settles €674m Belgian tax dispute
Mike Ashley’s Frasers Group has settled its long-running €674m (£588m) tax dispute with Belgian authorities.
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NewsAmazon donates £250,000 to help bookstores through coronavirus
Amazon has donated £250,000 to a fund set up to help its physical bookshop rivals that have been hammered by coronavirus.
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AnalysisThe Big Question: Are retailers failing their suppliers if they don’t pay for cancelled orders?
As Asda comes under fire for cancelling clothing orders with suppliers and Primark pledges a further £370m in its supplier support package, are fashion retailers doing enough to support their wholesale partners? Retail Week asks industry experts for their views.
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NewsMarks & Spencer acts to support clothing suppliers during pandemic
Marks & Spencer has implemented a raft of measures to help suppliers ride out disruption during the coronavirus outbreak.
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OpinionOpinion: The other frontline workers need emotional support too
Last week I wrote about the importance of furloughed employees looking after their own health and wellbeing during these turbulent times.
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Retail VoiceHow essential retailers can keep customers calm through the crisis
As businesses continue to make dramatic changes to the way they operate, OKI Europe’s head of vertical solutions Javier Lopez highlights the role of in-store signage in reducing confusion and distress for shoppers, while complying with social distancing regulations.
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NewsCoronavirus testing expanded to all essential workers and families
All essential workers, including supermarket staff, will be able to book a coronavirus test for themselves online as the government looks to meet its testing target.
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NewsGovernment bans ‘aggressive rent collection’ to safeguard high street stores
The government has placed a temporary ban on landlords issuing statutory demands and winding up orders over unpaid rent to protect high street businesses under strain from coronavirus.
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NewsHammerson’s £400m retail park deal in doubt as buyer tries to pull out
Institutional landlord Hammerson has said the previously agreed £400m sale of its retail park portfolio is hanging by a thread, as the prospective buyer is looking to pull out of the deal.
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OpinionOpinion: ‘Business as usual’ will be anything but as lockdown measures ease
Travel forward in time – a few weeks, a few months, into the new year? – and imagine how retail might operate when, like moles blinking in the sun, consumers can emerge and go shopping in person again.
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NewsMorrisons offers suppliers discount as thank you for ‘feeding the nation’
Supermarket chain Morrisons has announced it will be giving its farmers a discount on grocery purchases as a thank you gesture for their help “feeding the nation”.
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NewseBay teams up with NHS to bolster healthcare staff access to PPE
eBay has been drafted in by the NHS to build a dedicated portal on its website from which healthcare workers across the UK can order personal protective equipment (PPE).
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NewsDFS raises £64m in new equity, braces for lockdown to last until December
DFS has raised £64m in its equity fundraising round, which the furniture retailer said will give the business headroom should the lockdown last “to December 2020”.