All articles by Rosie Shepard – Page 42
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News70% of shoppers wary of returning to stores ahead of non-essential reopening
As non-essential retail prepares to reopen on June 15 UK consumers are reluctant to return to normal life, with seven in 10 uncomfortable going shopping according to the second EY Future Consumer Index.
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NewsRetail sales slump in May despite relaxed lockdown restrictions
After a record low in April, May sales figures showed little signs of improvement, registering the second-worst decline since records began in 1995.
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NewsTapi Carpets backers invest £16m as it eyes route to profitability
Tapi Carpets has secured £16m in new investment and set out its ambitions to become profitable within 18 months.
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NewsDunelm opens new high street concept store
Dunelm has opened a new concept store on Crawley High Street under the Dunelm Edit fascia.
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AnalysisAnalysis: Can coronavirus clothing crisis help Amazon’s fashion credibility?
As fashion struggles worldwide, is this Amazon’s golden opportunity to play saviour and gain market share or will its utilitarian credentials keep it from breaking through?
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NewsRetail footfall starts to rise in May as more essential stores reopen
While still marking an unprecedented low amid the coronavirus pandemic, retail footfall in May improved slightly to a 73.3% decline compared with 80.1% in April.
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NewsDigital retail sales soar to 12-year high as lockdown forces shoppers online
New data shows that online retail sales grew 32.7% year on year in May, marking the highest annual result since March 2008 as shoppers were forced online by the closure of stores due to the coronavirus pandemic.
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NewsConsumer confidence tumbles with ‘no sign of bounce-back’
Consumer confidence fell further at the end of May as uncertainty surrounding the post-lockdown economy continued to swirl.
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AnalysisAnalysis: Can Primark afford not to sell online?
Primark parent company ABF’s financial director John Bason told Retail Week this week that going online was still “not a priority” and Primark would be as relevant as ever to shoppers through its reopened bricks-and-mortar stores.
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NewsShop prices fall at fastest rate since 2006 as Covid-19 hammers sales
Shop prices fell at their fastest rate since 2006 as the coronavirus crisis and non-essential store closures drove struggling retailers to launch big promotions in categories such as clothing and furniture.
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NewsIkea strikes up partnership to drive circular economy ambitions
Ikea has partnered with sustainability charity The Ellen MacArthur Foundation in a bid to reduce product waste and ultimately become a circular business by 2030.
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NewsCard Factory full-year profits fall as it prepares for phased reopening
Card Factory has reported a drop in its full-year profits despite an increase in sales in a “challenging” year.
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NewsAldo falls into administration amid coronavirus troubles
The UK division of Canadian footwear specialist Aldo has collapsed into administration, blaming its travails on the impact of the coronavirus pandemic.
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NewsJD Sports to reopen ‘as many stores as possible’ on June 15
JD Sports will reopen most of its store estate from June 15, according to a note from Peel Hunt.
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NewsInstagram launches digital fashion tie-up with Facebook Shops
Instagram has launched a ‘Fashion Week 2020 Playbook’ to help fashion retailers and brands create digital catwalks during the coronavirus crisis.
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NewsThe Entertainer to reopen stores with fast-track services
The Entertainer is set to reopen stores in keeping with government guidelines on June 15 and has introduced new fast-track measures to help serve customers as fast as possible.
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AnalysisAnalysis: How fashion retailers can offload £15bn of old stock without huge Sales
With non-essential retail stores just weeks away from reopening their doors, many retailers now have to contend with the excess out-of-season stock that has piled up in both stores and warehouses.
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VideoFace time: Gousto CTO Shaun Pearce on why recipe boxes will 'stick around' post-pandemic
With the recipe box market thriving amid the coronavirus pandemic, Gousto has surfaced as one of the winners, securing an extra £33m in funding. Chief technical officer Shaun Pearce talks to Retail Week about the company’s plans and how he sees demand for recipe boxes growing post-lockdown as “online grocery habits stick around”.
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NewsIkea to reopen 19 UK stores with lockdown shopping measures
Ikea has confirmed that it will reopen 19 of its stores in England and Northern Ireland in line with government guidance from June 1.
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NewsHigh street fashion ‘mystery boxes’ sold to help factory workers
Fashion app start-up Mallzee has launched a mystery clothing box service, Lost Stock, selling well-known fashion brands to help tackle the issue of cancelled stock and its impact on Bangladeshi workers.