More on Me + Em – Page 613
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NewsHammerson rental income plummets as struggling retailers fail to pay
Institutional landlord Hammerson said it only received about a third of the rent payments it was due for the second quarter of the year last week, as struggling retailers asked for coronavirus-related deferrals.
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NewsOcado struggles to deal with ‘10 times higher than normal’ level of demand
Online grocer Ocado has said it cannot fulfil the “unprecedented demand” for its services as it does not have the capacity to deal with the “10 times higher than normal” level of orders.
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AnalysisData: Supply chain challenges start to ease as grocers step up to feed the nation
The enormous efforts made by grocers and their supply chain partners over the past week are helping to bring stock levels under control. Over the last two to three days in particular, the situation has shown signs of easing, according to the latest availability figures from Edge by Ascential.
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NewsTed Baker names Rachel Osborne as permanent boss
Ted Baker has named Rachel Osborne as its permanent chief executive, four months after taking on the role in an acting capacity.
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NewsMorrisons to give £10m to food banks during coronavirus crisis
Morrisons is to dish out £10m of food to food banks across the UK during the coronavirus crisis by ramping up production from its own manufacturing sites.
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NewsBoots and Amazon support NHS in coronavirus testing drive
Boots and Amazon have joined forces with the government to launch a new coronavirus testing drive for frontline NHS staff.
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OpinionRichard Walker: Coronavirus has brought out the best in retail
It feels like we have suddenly stepped into a parallel universe, where none of the normal conventions that have framed our lives apply.
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NewsRetail industry launches £10m coronavirus appeal
RWRC – the home of Retail Week and World Retail Congress – retailTRUST and the British Retail Consortium have joined forces to raise £10m for retail staff who are facing financial distress as a result of the coronavirus pandemic.
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NewsZalando warehouses to stay open despite fall in consumer demand
Pureplay fashion retailer Zalando says it will keep its warehouses open in a bid to preserve “business continuity” despite saying it had seen a drop in consumer demand for its products due to the coronavirus pandemic.
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AnalysisData: How online demand has changed since coronavirus lockdown
As Next and TK Maxx suspend online operations, the latest data shows the UK’s online spending habits have shifted since the coronavirus lockdown began and are now skewed towards essential provisions and the home, garden and electricals categories.
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Digital editionRetail Week magazine: 27 March
This week, you’ll find features on the amazing efforts retailers are making to help their customers and colleagues, and we take a look into the future about how we’ll shop, work and live when we emerge from the crisis. We hope you find it useful and thought-provoking.
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NewsH&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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Retail VoiceSecurity must be deployed to navigate these uncertain times
As UK food retailers manage surges in store footfall and non-essential retailers are forced to close, Genetec highlights why security systems can provide an ’extra pair of hands’ for the industry
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NewsMike Ashley ‘deeply apologetic’ over coronavirus stores row
Frasers Group chief executive Mike Ashley has apologised after his Sports Direct business was embroiled in a row about whether stores could open during the coronavirus crisis.
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NewsCoronavirus: Next and TK Maxx halt online orders
Fashion giants Next and TK Maxx have closed their warehouses and stopped taking online orders to protect staff from the coronavirus pandemic.
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OpinionOpinion: Exceptional times call for compassionate leaders
Across the UK, and the world, millions of employees will have packed up their desks this past week and retreated to the sanctuary of their own homes.
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AnalysisTikTok boom: the brands winning as lockdown spurs social surge
With the UK on lockdown and people increasingly housebound, social media will become more important than ever as we seek information, solace or distraction from the outside world. Retail Week looks at the newest social platform to take the Western world by storm and the brands winning on it.
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OpinionOpinion: Retailers may face further pain from force majeure disputes
In little more than a week, the retail landscape in the UK has suffered unprecedented upheaval. When the dust has settled, the fallout from the Covid-19 outbreak may turn out to be one of the most significant economic events for a generation.
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NewsRiver Island to shut distribution centre amid coronavirus crackdown
River Island says it will close down its UK warehouse by the end of this week in a bid to “protect the health of our employees”.
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NewsRetailers face ‘ticking time bomb’ on government’s coronavirus loans
Retailers without high credit ratings have warned the government they face “a ticking time bomb” if they are not given access to its coronavirus support loans.