All Covid-19 articles – Page 31
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NewsSainsbury’s to axe 3,500 jobs as interim sales climb
Sainsbury’s has unveiled strong underlying results at the half-year mark as it revealed plans to streamline its Argos stores estate and shutter food counters in store, putting 3,500 jobs at risk.
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OpinionMichael Jary: ‘New normal? Retail needs to get used to the new weird’
Back in March I wrote on Retail Week that coronavirus would bring a tipping point: a permanent change in industry structure. At the time some readers wondered whether I might be hyperbolising. It turns out I hardly knew the half of it.
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AnalysisRetailer-supplier collaboration key to reacting to market trends, says Kraft Heinz
Retailers and brands must boost collaboration in order to overcome data lags and ensure lightning-fast responses to market trends, Kraft Heinz Company vice president of EMEA marketing Victoria Sjardin has told Retail Week.
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AnalysisLockdown 2.0: How to look after your mental health through Covid Christmas
As England goes back into national lockdown, fears are rising that the country could be about to be gripped by a mental health crisis.
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AnalysisLockdown 2.0: The new regulations and how they affect your business
With England set to be plunged into a second lockdown from midnight tonight, Retail Week highlights the changes in the new government guidance and what they might mean for your business.
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NewsJohn Lewis to axe further 1,500 jobs in head office shake-up
Department store chain John Lewis has announced plans to cut a further 1,500 jobs between now and April, in a bid to create a “more flexible” head office.
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NewsM&S boss Rowe calls for extended Sunday trading before Christmas
Marks & Spencer chief executive Steve Rowe has joined Primark in calling for extended trading hours in the run-up to Christmas.
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NewsZalando raises profit forecast after ‘exceptional’ sales boost
Zalando has reported “exceptionally strong” growth in the third quarter, raising expectations for the full year.
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NewsIceland swings to profit as pandemic buying sends sales skyrocketing
Sales at Iceland surged in the six months to September as consumers shopped locally and stocked up on frozen food.
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AnalysisData: The retailers expanding and retreating from high streets in 2020
New data compiled by the Local Data Company charts both the toll the coronavirus crisis has taken on many UK retailers but also highlights the categories that are proving more resilient.
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AnalysisNightmare before Christmas: bosses of John Lewis, M&S and The Entertainer on lockdown 2.0
It’s the news the industry dreaded. This Thursday so-called ‘non-essential’ retail will be shut down until December 2 in a bid to stem the spread of coronavirus. Many fear chaos, but could click and collect come to the rescue?
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NewsPrimark calls for longer Christmas opening hours post-lockdown
Primark chiefs want extended trading hours post-lockdown to cater for pent-up demand and have reaffirmed their faith in its pureplay bricks-and-mortar model despite the latest lockdown.
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NewsM&S rolls out ‘book and shop’ service as lockdown looms
Marks & Spencer has made its Sparks Book & Shop shopping reservation service available in 566 food stores and larger branches with food halls ahead of England’s lockdown on Thursday.
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NewsSadiq Khan calls for business rates holiday extension
London mayor Sadiq Khan has written to housing secretary Robert Jenrick calling for an extension of the business rates holiday for retail and hospitality businesses in the capital.
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NewsPrimark profits and sales battered by coronavirus store closures
Primark has posted falls in both its full-year profits and sales blaming the closure of its store estate during the third quarter in a bid to stem the spread of the coronavirus.
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Currys PC World and The Entertainer extend pre-lockdown opening hours
Curry PC World and The Entertainer are both extending opening hours in the run-up to the closure of ‘non-essential’ stores on Thursday.
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Opinion‘Online isn’t enough to sustain retail – effective test and trace is needed’
“The more precisely we try to predict it, the less likely we are to be right.” That’s what Next chief executive Lord Wolfson told Retail Week about his Christmas scenario planning just a few days ago.
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NewsPrimark warns second lockdown will cost £375m in lost sales
Primark has said England’s looming second lockdown, alongside closures across other parts of its global estate, means over half of its selling space will be shuttered as of this week.
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NewsRetailers fear ‘nightmare before Christmas’ as second lockdown forces store closures
New lockdown measures have forced non-essential shops to close until December 2, dealing a blow to Christmas trading.
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Opinion‘Why are auditors suddenly dumping retail clients?’
Boohoo, EG Group and Poundstretcher have all seen their auditors resign in recent weeks. Having originally fought for the engagement, why the about-turns?