All International articles – Page 38
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News
Hotel Chocolat raises £22m to fuel online and international growth
Hotel Chocolat has raised £22m through a share placing to help fuel its online and international growth once the coronavirus pandemic has dissipated.
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News
Coronavirus: Ikea to close all UK stores tomorrow as ‘precautionary measure’
Homewares giant Ikea has announced it will close all its UK stores tomorrow as a “precautionary measure against the ongoing risk” posed to staff and customers by the coronavirus.
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News
Inditex posts profits rise but makes €287m coronavirus provision
Fashion giant Inditex has reported a rise in full-year profits but the advance was scaled back by a coronavirus provision.
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News
Coronavirus: Superdry to miss targets after sales hit
Superdry will miss its financial guidance after the coronavirus outbreak hit sales overseas and in the UK.
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News
Amazon to hire 100,000 new workers to meet coronavirus-induced demand
Amazon has said it will take on 100,000 new staff to meet increased demand for online shopping caused by the coronavirus outbreak.
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Opinion
Opinion: Retailers are the unsung heroes of the coronavirus crisis
For too long, retail has been cut a raw deal.
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News
Coronavirus: Primark warns of sales hit as overseas stores shut
Value fashion giant Primark expects to take a hit on earnings after having to close overseas stores amid the coronavirus crisis and seeing a fall in like-for-likes in the UK.
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News
Coronavirus: Grocers issue stockpiling plea and stores close worldwide
The UK’s big grocers appealed for calm over the weekend as shoppers continued to empty shelves in coronavirus stockpiling, while around the world-leading retailers closed stores en masse as the crisis bit.
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News
Coronavirus: Amazon tells staff worldwide to work from home
Amazon has told its staff globally to work from home for the rest of this month if they can in response to the coronavirus pandemic.
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Interview
Interview: Dave Lewis – ‘I didn’t save Tesco, 300,000 other people did’
Tesco boss Dave Lewis has overseen a transformative turnaround in his five-and-a-half years at the helm. The winner of this year’s Outstanding Contribution to Retail Award tells the story of his time in charge.
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News
Adidas and Puma profits battered by coronavirus
Sportswear giants Adidas and Puma have suffered a drop in sales in China as a result of coronavirus and warned the disruption would impact other markets.
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News
WHSmith warns on profit as coronavirus hits travel business
WHSmith has slashed its full-year profit forecast as the coronavirus pandemic takes it toll on its travel division.
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Analysis
Budget: Coronavirus dominates as chancellor breaks out cheque book
In a challenging economic climate dominated by uncertainty over coronavirus, the new chancellor took action to protect business – but business rates reforms have been delayed. Retail Economics chief executive Richard Lim examines the detail.
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News
B&M completes sale of German business
Value retailer B&M has completed the sale of its German business Jawoll, five months after opening a strategic review into its performance.
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Opinion
Bryan Roberts: Tesco’s Asian windfall would be better spent on stores
The ongoing unravelling of the great retail globalisation myth has taken its latest step with the news that Tesco has completed its withdrawal from Asia, through the proposed sale of its operations in Thailand and Malaysia.
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Opinion
Opinion: Retail’s coronavirus response could spark long-term change
As shoppers cleared the shelves of staple goods such as toilet roll and pasta in the wake of the coronavirus outbreak, retailers acquitted themselves well.
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Analysis
Analysis: The store design trends and products you need to know
The world’s biggest retail trade fair, Euroshop, in Dusseldorf, took place last month, but what were the big store design trends businesses should be acting on?
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News
Tesco to sell Thai and Malaysian business in £8.2bn deal
Tesco is set to offload its Thai and Malaysian grocery divisions to Thai business empire CP Group in a deal unanimously approved by its board.
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Future Leaders
Analysis: Seven women that are shaping the future of retail
To celebrate International Women’s Day this Sunday, we take a look at the women who are changing the retail sector.
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News
Coronavirus: Half of UK retailers grappling supply chain disruption
More than half of UK retailers are already grappling supply chain disruption in the wake of coronavirus, new research has revealed.