All articles by George MacDonald – Page 71
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NewsCoronavirus: Superdry to miss targets after sales hit
Superdry will miss its financial guidance after the coronavirus outbreak hit sales overseas and in the UK.
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NewsMorrisons posts profit rise but coronavirus brings ‘unprecedented challenges’
Grocer Morrisons has reported a rise in full-year profits but cautioned that the coronavirus pandemic brings “unprecedented challenges”.
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NewsCoronavirus: Amazon limits shipments to warehouses to focus on high-demand lines
Amazon is restricting shipments from vendors to its UK distribution centres in response to the coronavirus pandemic.
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NewsSainsbury’s and Tesco launch in-store initiatives to address coronavirus crisis
Sainsbury’s and Tesco have each unveiled measures ranging from dedicated shopping times for the vulnerable to limited trading hours to cope with the impact of coronavirus.
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NewsCoronavirus: Retailers call for rates relief as store closure fears grow
Retailers are banding together to call on the government for exemption from business rates if shops are forced to close because of the coronavirus outbreak, and have renewed demands for far-reaching reform.
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NewsPrimark owner calls for rates reform as coronavirus outbreak hits trade
Primark parent company ABF’s finance director John Bason has urged the government to address business rates reform as the retail industry battles the impact of the coronavirus outbreak.
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NewsCoronavirus: Kingfisher cautions on sales uncertainty as France locks down
DIY giant Kingfisher has warned of ”significant uncertainty on sales and demand” after closing its 221 stores in France.
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NewsCoronavirus: Primark warns of sales hit as overseas stores shut
Value fashion giant Primark expects to take a hit on earnings after having to close overseas stores amid the coronavirus crisis and seeing a fall in like-for-likes in the UK.
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NewsCoronavirus: Grocers issue stockpiling plea and stores close worldwide
The UK’s big grocers appealed for calm over the weekend as shoppers continued to empty shelves in coronavirus stockpiling, while around the world-leading retailers closed stores en masse as the crisis bit.
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NewsCoronavirus: Amazon tells staff worldwide to work from home
Amazon has told its staff globally to work from home for the rest of this month if they can in response to the coronavirus pandemic.
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NewsAmazon signs up first retail customer for Just Walk Out technology
An airport retail specialist has become the first retailer to subscribe to Amazon’s cashier-less store technology, which the etail giant has begun offering to other businesses.
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NewsDeliveroo to offer contactless delivery in response to coronavirus
Food delivery specialist Deliveroo is to enable contactless delivery to customers in reaction to the coronavirus outbreak.
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InterviewInterview: How Tim Steiner’s ‘never satisfied’ attitude has shaped Ocado
Ocado boss Tim Steiner’s ‘never satisfied’ attitude has driven the business on to great success, making him a worthy winner of the Clarity Retail Leader of the Year.
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AnalysisRetail Activist: AO's John Roberts on bringing kids OnSide
John Roberts’ mission to give young people ‘somewhere to go, something to do and someone to talk to’ makes him a worthy winner.
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OpinionOpinion: Retail’s coronavirus response could spark long-term change
As shoppers cleared the shelves of staple goods such as toilet roll and pasta in the wake of the coronavirus outbreak, retailers acquitted themselves well.
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OpinionOpinion: John Lewis results show stores urgently need new purpose
There was a striking line in the John Lewis Partnership’s results that threw into relief a question that taxes many retailers, not just the group’s new chair Dame Sharon White – what role does the store play as online continues to transform the industry?
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NewsKingfisher and Morrisons FTSE 100 status in jeopardy
B&Q owner Kingfisher and grocer Morrisons both face potential ejection from the FTSE 100 this week.
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NewsDebenhams rejects claims that lender commitment is in doubt
Debenhams has slammed down suggestions that the commitment of its lenders to a debt for equity swap is in question and that debt restructuring was reliant upon more deep rent reductions.
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NewsNew John Lewis boss White to launch strategic review
The new chair of the John Lewis Partnership, Dame Sharon White, plans to initiate a strategic review of the department stores and grocery giant.
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NewsAsda circled by raft of potential buyers
Petrol station tycoons and private equity houses are understood to be among those interested in taking a majority stake in Walmart-owned Asda.