All Covid-19 articles – Page 42
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NewsDFS reports trading ‘significantly ahead of expectations’
DFS, the specialist sofa retailer, has reported strong trading in recent weeks as consumers splashed out on their homes.
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NewsArcadia under fire over furlough redundancy terms
Sir Philip Green’s Arcadia fashion empire has been accused of possible law-breaking over redundancies connected to the government furlough scheme.
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NewsTreasury denies chancellor is looking to ditch digital sales tax
The Treasury has denied it is considering ditching the £500m digital sales tax first introduced in March, following reports at the weekend.
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NewsStudio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
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NewsLondon and Southeast bounce back as rate of footfall growth jumps fourfold
Retail footfall across the UK jumped 4.1% last week, driven by surges in Greater London and the Southeast.
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NewsTesco to create 16,000 jobs to support online growth
Tesco will create 16,000 jobs to support the “exceptional” growth in its online business during the coronavirus pandemic.
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NewsRetailers and landlords clash over rent holiday
The biggest lobby groups representing retailers and landlords have become embroiled in a row over rent holidays amid the coronavirus crisis.
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Opinion‘Avocados at dawn as M&S and Waitrose prepare for clash after Ocado switchover’
In just over a week’s time, a venture that Marks & Spencer hopes will be transformational goes live – its tie-up with online grocer Ocado, bringing its food range online for the first time.
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NewsAO creates 650 new jobs as it targets ‘significant’ growth
AO.com has kicked off a nationwide recruitment drive as the etailer seeks to capitalise on the digital shift sparked by the coronavirus crisis.
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NewsUK retail sales rise above pre-lockdown levels as shoppers return to stores
UK retail sales for the month of July were the highest they have been since before the pandemic struck but the outlook remains grim for many categories.
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NewsM&S chair Norman urges return to offices – ‘You can’t run a retailer from the sofa’
Marks & Spencer chair Archie Norman has called on businesses to bring staff back to offices as retailers suffer from depressed footfall in big city centres.
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Opinion‘What does the government’s Plan for Jobs mean for retail?’
In more ways than one, retail has been on the front line of the Covid-19 crisis. It has been among a handful of sectors that have led efforts to keep the country running, ensuring stores and supply chains of essential goods have remained open.
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AnalysisAnalysis: Can Walmart and Kroger really beat Amazon at its own game?
Kroger has followed US grocery rival Walmart by launching its own marketplace. Retail Week analyses whether the two grocery giants really have what it takes to challenge Amazon.
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NewsConcerns over job losses plague consumer confidence
Consumer confidence remained the same for the second month running, as customers face growing economic concerns.
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NewsGlobal Fashion Group breaks even as online shift boosts sales
Global Fashion Group recorded its second quarter of growth this year, as the ecommerce shift in fashion and lifestyle shopping “continues to accelerate”.
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NewsAO.com reports ‘strong’ sales growth ahead of AGM
Pureplay electronics retailers AO.com has reported “strong year-on-year revenue growth” in the UK and Germany ahead of its annual general meeting today.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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AnalysisThe economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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AnalysisData: Waitrose customers flock to online grocery during lockdown
As more and more customers turned to online shopping, Waitrose and Partners’ latest Food and Drink Report highlights that Britons made more use of fast delivery services in lockdown, with heightened demand for Fairtrade or organic products and wine.
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NewsOcado Solutions set to build first Aeon warehouse in Japan
Ocado Solutions, a subsidiary of Ocado, has partnered with Japanese shopping centre giant Aeon to build the country’s first customer fulfilment centre.