All articles by Grace Bowden – Page 25
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NewsCo-op to hire 5,000 new store staff to meet coronavirus demand
The Co-op has unveiled plans for a recruitment drive in a bid to offer employment for laid off hospitality workers and drive quicker store replenishment and online order fulfilment.
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AnalysisAnalysis: How coronavirus will change how we shop, live and work
It was on New Year’s Eve 2019 that the World Health Organisation’s China office first heard reports of a new virus sparking a rise in cases of pneumonia in the city of Wuhan.
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NewsCoronavirus: TK Maxx to shutter UK store estate amid outbreak
TK Maxx will shutter its UK store estate as of tomorrow until further notice amid the coronavirus pandemic, Retail Week understands.
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NewsMountain Warehouse boss mulls 2,000 redundancies amid coronavirus sales slump
Mountain Warehouse chief executive Mark Neale has warned the business may need to make substantial redundancies following a “catastrophic” drop in sales triggered by the coronavirus.
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NewsAmazon to hire 100,000 new workers to meet coronavirus-induced demand
Amazon has said it will take on 100,000 new staff to meet increased demand for online shopping caused by the coronavirus outbreak.
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NewsPrivate equity firms circle Asda for potential £7bn takeover
Asda has attracted several interested private equity firms for a potential takeover which, according to reports, could value the business at over £7bn.
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NewsDixons Carphone to shutter Carphone Warehouse stores, 2,900 jobs at risk
Dixons Carphone has unveiled plans to shutter its standalone Carphone Warehouse stores as part of the ongoing overhaul of its mobile division, resulting in 2,900 expected job losses.
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NewsCoronavirus: H&M sales hit as it shutters swathes of European stores
H&M will temporarily close hundreds of stores across Europe in a bid to battle the spread of coronavirus as its quarterly sales in China were hit by the pandemic.
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NewsHalfords to shutter Cycle Republic chain, 226 jobs at risk
Halfords is set to axe its specialist cycling chain Cycle Republic following a strategic review and will instead rely on etail stablemate Tredz to appeal to bike enthusiasts.
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NewsRetail footfall slides in ‘wettest February on record’
February proved a washout for retail footfall and three named storms prompted falling shopper numbers across all retail location categories.
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AnalysisAnalysis: As we reach ‘peak stuff’, how should retail adapt?
Between Brexit and coronavirus, 2020 is so far shaping up to be a difficult year for the retail sector. But behind the stockpiling and panic buying, there is a growing trend that could challenge the very way retailers operate.
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NewsRetail Week Awards 2020: The winners
Tesco boss Dave Lewis and Ocado chief executive Tim Steiner were among the winners of the Retail Week Awards 2020 sponsored by Salesforce.
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NewsPoundland parent delays flotation amid coronavirus volatility
Stock market volatility triggered by coronavirus fears and the unrelated illness of boss Andy Bond has prompted Poundland owner Steinhoff to hold off on floating the value retailer.
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NewsDebenhams boss to step down amid hunt for successor
The boss of Debenhams, Stefaan Vansteenkiste, is to step down from the business after less than a year at the helm.
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NewsCo-op boss Murrells calls for business rates reform to save small towns
The Co-op’s chief executive Steve Murrells has urged Chancellor Rishi Sunak to reform the business rates system ahead of the budget this week.
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NewsTesco to sell Thai and Malaysian business in £8.2bn deal
Tesco is set to offload its Thai and Malaysian grocery divisions to Thai business empire CP Group in a deal unanimously approved by its board.
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NewsSupermarkets ration products to quell coronavirus stockpiling
Tesco, Asda and Waitrose have all started rationing sales of certain items, such as toilet paper and antibacterial hand gel, in store or online.
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NewsCoronavirus: Retailers scramble to prepare for operational disruption
As the government warns a UK epidemic is “highly likely”, how is the retail sector preparing for the spread of coronavirus?
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NewsCMA warns of coronavirus price hike crackdown
The Competition and Markets Authority (CMA) has said it may ask for government intervention to regulate the cost of items such as hand sanitiser as coronavirus panic-buying increases.
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NewsWilko to slash sick pay for thousands of workers
Wilko is set to remove sick day payment for its warehouse and shop floor staff after their second absence within a year.