All Coronavirus articles – Page 8
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DataData: The UK cost-of-living crisis and what it means for retailers
UK consumers are facing an almost unprecedented perfect storm of issues driving up inflation and restricting public confidence in the economy.
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NewsDFS profits surge as consumers spend on their homes
Furniture specialist DFS has posted an increase in full-year sales and profits as consumers spent on their homes during the Covid-19 pandemic.
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NewsSainsbury’s revamps same-day delivery and click-and-collect services
Grocery giant Sainsbury’s has revamped its same-day delivery and click-and-collect service to tap into growing customer demand for super-fast delivery.
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NewsFenwick losses widen amid ‘most difficult trading conditions in living memory’
Fenwick has suffered widening full-year losses after enforced store closures drove a slump in sales during the coronavirus pandemic.
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NewsGovernment strikes CO2 deal after food shortage warnings
The government has struck a deal with a US firm that supplies 60% of the UK’s food-grade carbon dioxide to restart production after being warned of imminent food shortages.
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NewsReiss eyes recovery after swinging to loss amid pandemic
Reiss has said it expects to “return to profit” in its current financial year after falling into the red during 2020.
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NewsJohn Lewis losses narrow as sales jump and cost-saving measures take effect
John Lewis has reported a significant narrowing in losses after tax in the first half of the year, with revenues jumping and cost savings from its extensive restructuring beginning to take effect.
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NewsH&M sales rebound slower than expected as global lockdowns bite
H&M has reported a lower than expected recovery in sales in its third quarter as store closures from coronavirus restrictions around the globe continued to have an effect.
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NewsOcado losses widen due to warehouse fire and costs of driver shortage
Ocado revenues for the third quarter plummeted after a fire at its Erith distribution centre, as boss Tim Steiner warned ongoing driver shortages would add to costs for the rest of the year.
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NewsMade.com losses narrow as sales jump despite global freight issues
Made.com reported narrowing losses before tax for the first half, with gross sales and adjusted profits for the period offsetting global freight issues.
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NewsJD Sports delivers record results as sales and profits soar
JD Sports has delivered record results in the first half of the year as group sales and profits soared off the back of strong performances in the UK and US.
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NewsAmazon offers to pay university fees for frontline US staff
Amazon has offered to cover the costs of university tuition fees for 750,000 of its frontline US staff, as it struggles to attract and retain new workers.
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DataData: Retail sales jump in August as customers return to office and social events
Retail sales climbed in August driven by strong formalwear sales as customers returned to the office and socialising.
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GalleryStore gallery: Johnnie Walker Princes Street flagship opens in Edinburgh
Diageo’s multimillion-pound Johnnie Walker visitor attraction opens its doors to the public today on Edinburgh’s Princes Street.
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NewsGovernment must ‘get a handle’ on supply chain disruption, experts warn
Business leaders have called on the government to “get a handle” on Britain’s supply chain crisis as fears mount that some food production may have to move out of the UK.
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AnalysisAnalysis: Supply chain snarl-up – how retailers can smooth out the kinks
Any time, any place, anywhere. Retail has pretty much lived by the Martini mantra for decades now as an ever more sleek and adaptable supply chain has enabled consumers to benefit from an abundance of goods always on the shelf, whether digital or in-store.
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DataData: Footfall rebounds in August as staycations boost shopper numbers
Footfall in August improved by nearly a quarter, while the gap with pre-pandemic levels closed to less than 20% for the first time since the beginning of the crisis.
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Opinion‘Retailers cannot ignore the trend of purchasing with purpose’
Conscious consumerism is on the rise. According to the Co-op, ethical consumer spending hit record levels last year, swelling to more than £41bn.
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NewsNext boss hits out at ‘insane’ policy blocking temporary foreign lorry drivers
Next boss Lord Wolfson has labelled the government’s immigration policy “insane” and said that retail “desperately needs drivers” in order to stop the ongoing crisis.
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NewsWHSmith warns on future profit uncertainty despite high street and travel rebound
WHSmith said it expects the outcome for the year to August 31 to be ahead of expectation after an uptick in high street and travel trading, yet warned ongoing uncertainty could impact profits in future.