All articles by Hugh Radojev – Page 103
-
NewsHotel Chocolat raises £22m to fuel online and international growth
Hotel Chocolat has raised £22m through a share placing to help fuel its online and international growth once the coronavirus pandemic has dissipated.
-
NewsScS profits and sales up despite low consumer confidence
ScS has reported increases in both gross sales and profit in its half-year results, despite low customer confidence and the developing coronavirus situation.
-
NewsCoronavirus: M&S expects profits at lower end of target range
Marks & Spencer has said profits for the end of the 2019/20 financial year could be at or even below the bottom end of expectations as a result of the ongoing coronavirus epidemic.
-
NewsCoronavirus: Frasers Group issues profit warning after footfall and sales slump
Frasers Group has said the ongoing coronavirus epidemic will cause “significant disruption” to its business and that it would not achieve its previous profit guidance as a result.
-
NewsCoronavirus: Government relaxes competition laws for supermarkets
The government has temporarily relaxed elements of competition law to allow UK supermarkets to work more closely together to feed the nation in the face of the coronavirus crisis.
-
NewsCoronavirus: Ikea to close all UK stores tomorrow as ‘precautionary measure’
Homewares giant Ikea has announced it will close all its UK stores tomorrow as a “precautionary measure against the ongoing risk” posed to staff and customers by the coronavirus.
-
NewsCoronavirus: Clarks to temporarily close all UK stores
Footwear specialist Clarks has announced a temporary closure of all of its UK and Ireland stores in the wake of the coronavirus pandemic.
-
NewsCoronavirus: Ocado alters website algorithm to make deliveries ‘fairer’
Ocado says it closed its website yesterday for the first time ever so it could begin making changes to its algorithm to make deliveries “fairer” for would-be customers.
-
NewsJoules scales back investment as coronavirus plays havoc with guidance
Joules has not given investors any financial guidance for the year ahead due to the “ongoing uncertainty” over coronavirus, which has hit footfall and sales over the last few weeks.
-
NewsCoronavirus: Ocado temporarily shuts website due to ‘staggering’ demand
Ecommerce grocer Ocado has been forced to temporarily close access to its website and stopped accepting new deliveries as it struggles to deal with “staggering” levels of demand.
-
NewsCoronavirus: Three-quarters of shoppers face shortages as stockpiling ramps up
Nearly three-quarters of UK consumers are struggling to purchase basic grocery items such as tinned food and toilet roll as shoppers increase stockpiling.
-
NewsAsda temporarily closes counters and rations products to limit stockpiling
Asda has become the latest supermarket to begin rationing products to limit stockpiling and is closing counters to free up staff as the coronavirus outbreak continues.
-
AnalysisAnalysis: How are retailers protecting staff during the coronavirus outbreak?
As the government takes increasingly stringent action to combat the ongoing coronavirus outbreak, retail staff have found themselves on the front line in the face of panic buying and contagion fears.
-
NewsChancellor suspends business rates for 12 months for ‘economic fight’
The chancellor has announced 12-month business rates holidays for all retailers and pubs as part of a sweeping set of measures designed to support business in the face of the coronavirus outbreak.
-
NewsLaura Ashley blames coronavirus outbreak as it slumps into administration
Laura Ashley’s owners have filed an intention to appoint administrators and have suspended trading, blaming the coronavirus pandemic for a “significant” impact on trading.
-
NewsAldi begins rationing lines as stockpiling continues
Aldi has become the first supermarket in the UK to effectively ration the sale of all lines as customers continue to stockpile in the face of the coronavirus outbreak.
-
NewsDebenhams demands rent holiday as coronavirus dents footfall
Embattled department store chain Debenhams has heaped further misery on its landlords by requesting a rent holiday of up to five months as fears over coronavirus dent high street footfall.
-
NewsCoronavirus: Morrisons to immediately pay farmers to help with virus
Morrisons has vowed to make immediate payments to smaller suppliers in a bid to help them get through any disruption caused by the coronavirus outbreak.
-
NewsIntu on the brink after reporting £2bn valuation loss
Shopping centre giant Intu has reported a £2bn loss for its last financial year and warned it is at risk of going under if it cannot raise more funds.
-
NewsBudget: ‘Fundamental’ review of business rates to be completed by autumn
New chancellor Rishi Sunak has confirmed the government’s “fundamental review” of business rates will be completed in time for the autumn statement.