All Covid-19 articles – Page 17
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Opinion‘As the way we work changes forever, let’s not forget the value of office life’
When John Lewis Partnership chair Sharon White wrote in a recent letter to partners that “difficult decisions taken now will hopefully set the course for those next generations”, she was referring to the rebalancing of the business’ operations from store-based to digital channels.
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NewsDeliveroo hails strong performance in first update as listed business
Deliveroo has hailed a strong quarter with orders and gross transaction value across its platform both up in its first quarter as a listed company.
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NewsNaked Wines exceeds sales guidance as it seizes US opportunities
Pureplay wine specialist Naked Wines has hailed its performance over the last financial year, reporting it has exceeded sales guidance driven in particular by its US market.
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NewsAO hails ‘outstanding progress’ as sales and profits soar
AO.com has reported strong sales and expects profits for the year to be in line with market consensus after capitalising on “ the challenges and opportunities” presented by the pandemic.
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NewsThe Hut Group slips to full-year loss due to multiple ‘non-recurring’ costs
The Hut Group has incurred an operating loss for the last financial year due to a series of “non-recurring, non-cash events”, most notably linked to its IPO during the period.
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AnalysisAnalysis: How Tesco’s Clubcard revival opens up new horizons post-pandemic
Following a year fundamentally shaped by the coronavirus pandemic, Tesco boss Ken Murphy set out his vision for utilising the strength of the retailer’s Clubcard customer base to put clear water between the grocer and its competitors.
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NewsAsda to restructure in-store bakeries putting 1,200 jobs at risk
Grocery chain Asda is set to axe as many as 1,200 jobs as it looks to shake up in-store bakeries across its 341 UK supermarkets.
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Opinion‘Retail not essential? Try telling that to reopening day shoppers’
There was a joyful sense of release on Monday when, after three months of lockdown darkness, so-called non-essential shops reopened.
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OpinionPeter Williams: ‘To fully restart retail we need a return to pre-Covid behaviour’
When asked my views about looking forward for retail, the honest answer is: “I’m really not sure that I know.”
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NewsJD Sports boss calls for London rent reduction as footfall ‘battered’ by Covid-19
JD Sports boss Peter Cowgill says central London footfall has been “battered” by Brexit and Covid-19-induced lockdowns.
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NewsJD Sports beats ‘unprecedented challenges’ to retain profitability
JD Sports has “retained substantially all of its record profitability” despite facing “unprecedented challenges” over the past year.
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NewsGrocery powers retail sales rise in March
Retail sales climbed in March, but many categories remained in decline as grocery powered the increase.
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OpinionHelen Dickinson: ‘Don’t build back better – build forward’
With the third wave subsiding, over half the adult population receiving their first vaccination and the reopening of so called ‘non-essential’ retail, we all hope we might just be entering the recovery stage of this pandemic.
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OpinionAlia Hawa: ‘Covid certificates are unnecessary and will damage retail’s recovery’
With non-essential retail reopening today, news that the government is considering making Covid certificates mandatory for customers in stores comes as another blow.
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Opinion‘Grocers like the Co-op should not be vilified for holding on to rates relief’
Before making this point, let’s be perfectly clear: I was among those who expected the Co-op to repay its business rates relief this week.
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OpinionKate Hardcastle: ‘Successful high streets will have the human at their heart’
As retailers prepare to reopen, there has been much focus on what the future high street will look like.
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AnalysisLive updates: Retail’s big reopening as Covid restrictions ease
The lights are being turned on again, three months after many stores went dark for the third lockdown as Covid gripped the country.
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AnalysisAnalysis: Co-op’s business rates return refusal – prudent or a PR disaster?
Another impressive set of annual results for the Co-op has been overshadowed by its decision to keep business rates relief. Group chief executive Steve Murrells explains the decision and claims it has the full backing of members.
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NewsDunelm profits to beat forecasts despite store closures hit
Homewares specialist Dunelm reported that it underperformed the market in its third quarter as stores were shut during lockdown, but it still expects full-year results to beat expectations.
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NewsAsos lifts earnings forecast after stellar first half
Fashion etailer Asos has upped profit expectations after a strong first half powered by “exceptional execution” as the pandemic continued.