All Covid-19 articles – Page 49
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NewsIceland blames widening losses on tough trading conditions and Brexit
Iceland has blamed widening losses in its last financial year on tough trading conditions and ongoing uncertainty around Brexit and the December general election.
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NewsBoohoo shares bounce back after co-founders plough £15m into brand
The co-founders of fast-fashion giant Boohoo have bought another £15m worth of shares in a bid to stop the share price from falling any further.
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NewsBFC calls on government support to save fashion industry
The British Fashion Council has warned the government of the “stark reality” of the pandemic on the sector, wiping out all growth from the last decade and costing hundreds of thousands of jobs.
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AnalysisThe Big Question: Should fashion retailers stop sourcing in Leicester?
Leicester is in the spotlight again following allegations of unsafe working conditions and suppliers paying below minimum wage with links to Boohoo and Quiz. Industry experts weigh in on whether it is time for fashion to pack up in Leicester or double down on tackling the problems.
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OpinionMove of the Week: Wilko’s new CFO will need to hit the ground running
It’s a difficult time for anyone employed in retail, and thoughts are with those who have already lost their job or face an anxious wait to see if it still exists as bosses pick through the wreckage caused by Covid-19.
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NewsJohn Lewis extends click-and-collect partnership with Co-op
John Lewis has extended it click-and-collect delivery and returns partnership with the Co-op.
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NewsIntu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.
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NewsJohn Lewis unveils virtual personal shopping service
Department store group John Lewis has launched a virtual personal shopping service using Zoom.
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VideoFace time: Mercato Metropolitano founder Andrea Rasca on surviving lockdown
Mercato Metropolitano founder Andrea Rasca discusses how his business’ connection to community saved it from going under during lockdown and how to make social distancing work on the high street.
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Opinion‘Retailers must seize Covid opportunity to radically restructure’
The need to transform to keep pace with consumer demands and habits is a never-ending narrative in UK retail.
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Opinion'Why now is the time for D2C brands to shine'
Many investors are currently shying away from the retail industry, specifically the indirect brand economy.
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Analysis
Analysis: How Dixons Carphone’s new model will supercharge bricks and clicks
Dixons Carphone was set to fulfil its promises before coronavirus struck and chief executive Alex Baldock remains certain the retailer is on the right track as it builds an omnichannel proposition.
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NewsRivals lambast CMA’s provisional findings on Deliveroo–Amazon tie-up
A number of food retailers and other rivals have criticised the Competition and Markets Authority’s provisional clearance of Amazon’s proposed investment in Deliveroo.
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NewsBurberry to cut hundreds of jobs due to pandemic’s ‘severe impact’ on sales
Luxury goods retailer Burberry has announced plans to cut hundreds of jobs as it attempts to recover from the effects of the coronavirus on its sales.
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NewsDunelm sales slide despite ‘significant’ online growth
Dunelm has posted a sharp drop in sales during its fourth quarter despite hailing “significant” growth in its online business.
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NewsAsos sales surge during lockdown as international markets drive growth
Asos has posted a jump in sales during the coronavirus lockdown and said it expects to deliver “strong profit growth” across its financial year.
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NewsDixons Carphone profits tumble as coronavirus closures hit bottom line
Dixons Carphone has suffered a slump in full-year profits as sluggish performance in its mobile phone business and store closures sparked by coronavirus impacted its bottom line.
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AnalysisRetailers must improve data analytics to win consumer spend, experts warn
The ability to perform data analytics at speed is going to unlock growth in these uncertain times, a panel of leading experts has told Retail Week.
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AnalysisAnalysis: Has Ocado’s ecommerce promise failed to deliver during coronavirus?
With the ongoing coronavirus pandemic totally reshaping the way people shop for groceries and pushing hundreds of thousands of consumers online, how has the UK’s only pureplay grocer really fared in lockdown?
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NewsAO.com boss eyes new markets as electricals sector sees online shift
AO.com chief executive John Roberts has expressed interest in bringing the business to new European markets after its German venture was brought to profitability this year.