All Covid-19 articles – Page 30
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NewsSelfridges raids Lane Crawford for new managing director
Selfridges has appointed Andrew Keith, president of upscale Hong Kong-based department store business Lane Crawford, as its new managing director.
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AnalysisAnalysis: Vaccine joy sparks share price snakes and ladders
Welcome news of a coronavirus vaccine has sparked a stock market shift as investors rushed to buy and sell shares. Big-name retail and other consumer stocks shunned during the pandemic were back in fashion, while lockdown stars took a hit.
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AnalysisWhy Asda, Ikea and Tesco are betting on a sustainable post-pandemic future
Over the last few months, a throng of retailers have made pledges and launched initiatives to become more sustainable. But is the middle of a global pandemic the right time to be making these bold claims?
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OpinionClarke Carlisle: Leaders must talk about mental health – starting today
Following a public fight with depression, which has included two suicide attempts, ex-professional footballer Clarke Carlisle has pursued a path to recovery and is now determined to help others. As the Virtual Leaders’ Summit gets under way, he shares critical learnings on mental health that retail bosses cannot afford to ignore.
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NewsRetail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
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Opinion‘Retailers must be smarter than ever to pass Black Friday demand test’
With ecommerce sales already at a record high, the anticipated spike in online orders expected over the Black Friday and Cyber Monday period will put even greater strain on retailers and logistics providers alike.
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Opinion‘As lockdown bites, retailers can’t afford to squabble like cats in a bag’
As the retail industry labours under the restrictions of a second lockdown, some are adopting a beggar-thy-neighbour attitude that is in the interests of nobody.
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DataCoronavirus Consumer Pulse: Web traffic spikes ahead of second lockdown
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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NewsHarrods lockdown closure prompts credit renegotiation
Department store Harrods has renegotiated the covenants of a £200m syndicated loan following the latest Covid-19 lockdown.
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NewsJohn Lewis leads calls for clarity on Christmas reopening
John Lewis has urged the government to provide clarity urgently about whether stores can reopen in December when the latest lockdown in England is scheduled to end.
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Opinion‘Retailers’ cash is stronger than expected, but the outlook has weakened’
HSBC UK head of retail and leisure James Sawley takes the temperature of retail performance and finances as a new lockdown begins.
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InterviewInterview: Very boss Henry Birch – ‘If it’s not a record peak, I’m resigning’
If you were compiling a list of retailers that are doing better today than they were two years ago, it probably would not be a very long one.
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NewsRetail rages over government store closure guidance
Retailers have been left angry and confused by the government’s handling of second lockdown store closures, after its guidance on mixed essential and non-essential retail was published late.
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NewsEntertainer boss’ fury at Westfield rent demand as lockdown begins
The Entertainer founder Gary Grant has reacted with anger and disbelief after lawyers acting on behalf of Westfield shopping centres demanded outstanding rent as his stores shut for the second lockdown.
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Opinion‘As more jobs go, leaders can never forget responsibility for lives and livelihoods’
The numbers this week speak for themselves.
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AnalysisAnalysis: Simon Roberts’ new vision for Sainsbury’s future
Four months into his new role as Sainsbury’s chief executive, Simon Roberts has unveiled his strategic vision for the grocer and its stable of brands.
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NewsSuperdry boss anticipates post-lockdown rush as stores close
While Superdry recorded a loss for the first half, boss Julian Dunkerton believes December will see customers rushing back to stores if lockdown restrictions ease.
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NewsDunelm and DFS forced to close under new lockdown regulations
Under the new lockdown restrictions homewares retailers Dunelm and DFS stores are not counted as essential.
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NewsChancellor Sunak extends furlough scheme until March
Chancellor of the exchequer Rishi Sunak has announced that the government’s job retention scheme will be extended until the end of March.
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NewsN Brown taps up investors for £100m fundraising as half-year profits fall
N Brown has launched a £100m fundraise to accelerate its strategy alongside reporting a decline in interim profits and sales.