All Covid-19 articles – Page 46
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NewsM&Co to close 50 stores in pre-pack administration deal
M&Co is reportedly nearing a pre-pack administration deal which would see the chain sold back to its original owners.
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AnalysisWeek seven of trading post-lockdown – what you need to know
Footfall across all shopping destinations in the UK inched up marginally last week due to a combination of mandatory face masks in stores and the unpredictable weather conditions.
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NewsDW Sports blames coronavirus closures for collapse into administration
Sportswear retailer and gym operator DW Sports has collapsed into administration putting some 1,700 jobs at risk across its estate.
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AnalysisBack to HQ: Tesco, Primark, John Lewis and more unveil plans to reopen offices
With the majority of retail stores reopened to the public as lockdown restrictions ease in the UK and employers allowed to tell staff to come back to the office, Retail Week finds out what retailers’ plans are for returning colleagues to HQ
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NewsApple tells landlords to slash store rents
Apple is seeking steep cuts to the rents its pays in its UK store estate.
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NewsHobbycraft full-year profits jump driven by online sales rise
Hobbycraft recorded an adjusted EBITDA of 21.9% from £12.2m to £14.8m in the full year to February 16.
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AnalysisMarketplace melee: Amazon vs eBay vs Shopify – who won in the pandemic?
Retail Week examines the three big marketplaces’ second-quarter results to understand who traded best over the tumultuous coronavirus lockdown period.
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NewsPets at Home boss Pritchard: Pets ‘playing bigger part’ in life after lockdown
The lockdown lifestyle of working from home has seen the UK demand for pet ownership jump – a trend that Pets at Home chief executive Peter Pritchard plans to capitalise on.
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GalleryStore gallery: Inside Nike’s first European House of Innovation
Nike has unveiled its third House of Innovation store and the first in Europe, on Paris’ iconic Champs-Élysées. Retail Week spoke to Nike’s Cathy Sparks about the opening.
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NewsPrimark commits to payment for outstanding orders
Primark has announced that it will pay its suppliers in full for any outstanding finished garments and fabric costs incurred since its stores closed in March.
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NewsTesco extends improved payment terms for small suppliers until 2021
Tesco has extended its improved payment terms for smaller suppliers until next year to help businesses through the coronavirus crisis.
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NewsPets at Home reports ‘resilient’ first quarter as sales dip
Pets at Home has posted a fall in its first-quarter sales, which covered the period of lockdown, as boss Peter Pritchard hailed the business’ “inherent resilience”.
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NewsAmazon profits double and sales surge in ‘highly unusual’ quarter
Amazon has doubled its income in its second quarter despite ploughing $4bn into Covid-19-related costs.
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NewsRetail vacancy rates climb as government scales back relief funds
Vacancy rates across UK shopping destinations increased to 12.4% in the second quarter of 2020, compared with 12.2% in the first quarter.
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OpinionMove of the Week: People director Nikki Humphrey faces a challenge at JLP
Out of the frying pan and into the fire. This is the obvious conclusion to draw from Nikki Humphrey’s decision to leave Virgin Atlantic to become John Lewis Partnership’s new executive director for people.
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AnalysisDispatch: German shoppers stay local in fightback against coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts who provide their insights into how they are coping with the pandemic.
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Opinion‘John Lewis chair White keeps the best and updates the rest’
Meet the new John Lewis, same as the old John Lewis – up to a point, anyway. And up to an important point, which should never be lost.
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NewsM&S triples number of stores offering mobile pay tech
Marks & Spencer has upped the number of food stores offering a checkout-free shopping experience from 100 to 310.
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NewsJohn Lewis chair White sets out new course in strategy update
Department stores and grocery group John Lewis Partnership has revealed the direction it will take following a strategic review.
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NewsAldi to create 1,200 new jobs before Christmas in store expansion drive
Aldi is to create more than 1,200 new jobs before the end of the year as it presses ahead with ambitious expansion plans despite the coronavirus crisis.