All Coronavirus articles – Page 70
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsCoronavirus: Asda cancels clothing orders with suppliers
Supermarket chain Asda has become the latest retailer to turn up the pressure by cancelling orders and reneging on full payments to its clothing suppliers.
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NewsDFS in ‘advanced stages’ of financing discussions as it mulls equity raise
DFS has said it is in “advanced stages” of negotiation with lenders over additional financing and is mulling the possibility of an equity raise as it battles to ride out the coronavirus storm.
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NewsUK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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AnalysisAnalysis: How coronavirus will change retail rents forever
With all non-essential retail stores shut, struggling landlords have found retail occupants unwilling or unable to pay quarterly rents. Will the coronavirus lockdown change retail rents forever?
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NewsDebenhams strikes deal with landlords to keep most stores open
Debenhams has agreed on terms with landlords that will enable most of its stores to carry on trading following the department store group’s administration last week.
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NewsCMA provisionally clears Amazon and Deliveroo tie-up after investigation
The Competition and Markets Authority (CMA) has provisionally cleared Amazon and Deliveroo’s prospective tie-up, after finding the food delivery app’s financial position has “deteriorated”.
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NewsPrimark donates 74,000 products in NHS Nightingale care pack initiative
Value fashion giant Primark is providing care packs containing 74,000 products to London’s new NHS Nightingale Hospital to help support efforts to beat coronavirus.
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NewsWaitrose trebles rapid delivery and doubles click-and-collect slots
Waitrose is set to treble the number of rapid deliveries available every week and increase click-and-collect slots by 50% as it works to support older and vulnerable customers.
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NewsGousto secures £33m investment as coronavirus boosts sales
Recipe box firm Gousto has secured £33m in new funding from investors as the coronavirus lockdown has seen a growth in the meal-kit market.
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NewsGovernment expands loan scheme as lockdown extended for three weeks
The Treasury has said businesses that turnover more than £500m will now be able to apply for government-backed support as it extended the coronavirus lockdown by at least three weeks.
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OpinionOpinion: Furloughed employees must put their wellbeing first
As the state of lockdown continues, retail employees, broadly speaking, fit into three categories at present.
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NewsBooths launches click and collect to help customers during pandemic
Family-run food retailer Booths has launched a next-day click-and-collect service to help customers better access groceries during the coronavirus pandemic.
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NewsTM Lewin owner seeks buyers amid coronavirus store closures
The private equity owner of men’s shirt specialist TM Lewin has put the retailer up for sale despite its store estate being closed due to the coronavirus pandemic.
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NewsEdinburgh Woollen Mill adds pandemic clauses to new Bonmarché leases
Edinburgh Woollen Mill is inserting pandemic clauses into new leases it is signing with landlords on Bonmarche stores after it bought the retailer out of administration.
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NewsMarks & Spencer switches online warehouse to food box delivery
Marks & Spencer has adapted capacity at its online warehouse to enable the processing of food parcels for vulnerable shoppers during the coronavirus crisis.
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OpinionOpinion: Shops could prove an unexpected strength as M&S goes live with Ocado
Bring up Ocado’s website on your laptop right now and you’ll find in effect a barrier page apparently designed to repel all boarders.
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NewsAldi launches first online grocery service delivering food parcels
Discounter Aldi has made its first foray into the online grocery market, offering food parcels on its website for vulnerable customers during the coronavirus pandemic.
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NewsWaitrose unveils coronavirus supplier support package
Waitrose has revealed a raft of measures to support suppliers during the coronavirus emergency.
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NewsDunelm reopens online business after making coronavirus safety changes
Homewares giant Dunelm has opened its online business for orders again after implementing measures to protect staff and customers from coronavirus.