All Covid-19 articles – Page 64
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AnalysisRetailer sentiment worsens over coronavirus recovery time
Retailers have become more pessimistic about how quickly the industry can recover from disruption caused by the coronavirus pandemic.
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NewsAO expects profits in line with predictions as coronavirus boosts online growth
AO said it expects sales and profits for the financial year to be in line with analyst expectations and said the coronavirus has created a ‘new normal’ in terms of online electricals’ share of the market.
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NewsKingfisher sales hammered by coronavirus store closures
Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.
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NewsMorrisons first quarter sales up despite ‘highly volatile’ trading
Morrisons has reported sales growth in the first quarter despite “highly volatile” trading patterns and a worse-than-expected Easter due to the ongoing coronavirus lockdown.
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VideoFace time: Theo Paphitis says retail ‘will never be the same’ after coronavirus
Retail entrepreneur Theo Paphitis discusses the impact of the pandemic on retail property and trading, and says none of his stable of brands will trade in the same way that they did before the pandemic.
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OpinionDispatch: How Spain’s El Corte Inglés is preparing for life after lockdown
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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AnalysisNeed to know: What the government’s Covid-19 recovery plan means for retail
Following Boris Johnson’s address to the nation last night, the government has today published guidance on how the UK might move out of lockdown assuming the pandemic is kept under control.
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NewsPrimark’s European reopenings buoyed by bigger basket sizes
Primark has been permitted to reopen its stores in Austria and the Netherlands, giving the bricks-and-mortar retailer a boost. The reopened stores have also demonstrated what customer behaviours might be when the UK restrictions are lifted.
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DataData: What search trends reveal about shopping in lockdown
As the retail industry edges slowly towards the resumption of business, online search data shows UK search habits have dramatically changed since the lockdown began. As well as seeking out essential goods, consumers have made the most of forced time at home to take up new hobbies and DIY projects.
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NewsMatalan founder Hargreaves asks lenders for £50m cash injection
Matalan founder and owner John Hargreaves has reportedly tapped existing lenders for a £50m loan.
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NewsCoronavirus: UK shops could reopen in June, says PM
The prime minister says that some shops may be able to reopen as early as next month as part of a phased easing of lockdown measures.
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NewsRetail footfall plummets to record low as lockdown bites
Retail footfall plummeted to an all-time low in April, as shoppers adhered to lockdown restrictions and stayed at home.
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NewsConsumer confidence ‘severely depressed’ despite improvement
The latest consumer confidence data showed a small improvement in sentiment, but overall it is still low.
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NewsCoronavirus: White Stuff prepares for ‘significant’ job cuts
White Stuff is preparing to make a “significant” number of redundancies, even after coronavirus lockdown restrictions are lifted, due to a fall in demand for its wares.
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NewsZalando predicts double-digit growth for 2020 despite coronavirus uncertainty
German pureplay fashion retailer Zalando expects to see double-digit sales growth in 2020, despite the effects of the coronavirus pandemic.
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NewsH&M sales plummet between March and May
H&M’s global sales for the second quarter of this year have plummeted amid the ongoing coronavirus pandemic.
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NewsSuperdry European footfall rebound gives confidence for UK
Shopper footfall has bounced back at reopened Superdry stores in Germany, giving grounds for optimism that the same will happen when the UK emerges from coronavirus lockdown.
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NewsThe Works sales rise as shoppers ‘beat the boredom’ of lockdown
The Works has registered an increase in full-year revenues with a strong online performance during the coronavirus pandemic.
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NewsHotel Chocolat looks to high street stores ahead of phased reopening
Specialist retailer Hotel Chocolat has said it will look to reopen high street and self-standing independent stores first, ahead of it beginning a trial reopening of a number of stores as takeaway locations from next week.
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NewsNext swoops on Debenhams sites for new beauty store format
Next has snapped up five stores across Hammerson’s estate which Debenhams is exiting for the launch of a new beauty store concept.