All articles by Hugh Radojev – Page 83
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NewsRetail counts jobs cost of brutal year with more to come in 2021
More than 176,000 jobs in retail were lost in 2020 after harsh high street conditions saw over 15,000 stores close, with experts warning more of the same in 2021.
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NewseBay £7bn advertising deal faces CMA probe
Online marketplace eBay is facing an investigation by the UK markets watchdog over the proposed £7bn sale of its advertising arm to a Norwegian firm.
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NewsThousands more non-essential stores to close in tier four areas from Boxing Day
Non-essential retailers face the prospect of closing thousands more stores with new swathes of the UK set to be plunged into tier four restrictions from Boxing Day.
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NewsAnn Summers CVA approved by creditors
Ann Summers has announced that its company voluntary arrangement (CVA) has been approved by creditors following a vote today.
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NewsThe Entertainer to offer click and collect until midday on Christmas Eve
Toy retailer The Entertainer has confirmed it will be operating click and collect for customers until midday on Christmas Eve and has launched its January sales early.
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NewsTesco reintroduces purchasing limits on certain products
The UK’s largest grocer Tesco has reintroduced customer purchasing limits on several products, following a spate of stockpiling after the ports closed.
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NewsBoohoo mired in fresh controversy over Pakistani factory conditions
Boohoo has again been embroiled in controversy over conditions for workers within its supply chain, with allegations of underpayment and exploitation emerging from Pakistan.
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NewsChancellor extends furlough scheme until end of April 2021
Chancellor Rishi Sunak has extended the furlough scheme for another month, meaning it will now end in April 2021.
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NewsRetailers rein in promotional activity ahead of Christmas after Black Friday flurry
Retailer promotional activity this year hit a high around the Black Friday period before since dropping away in the run-up to Christmas.
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NewsJohn Lewis appoints Rita Clifton as new deputy chair
Department store chain John Lewis has announced the appointment of Rita Clifton as its new deputy chair, replacing Keith Williams.
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NewsAll non-essential retail to close in Wales after Christmas Eve
All non-essential retailers in Wales will be forced to close their stores after trading finishes on Christmas Eve, with the country going into a full ‘tier four’ lockdown three days later.
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AnalysisAnalysis: Seven consumer trends for 2021 that retailers need to know
The coronavirus crisis has had a profound effect on every area of retail and consumer behaviour, turbo-charging some trends and creating some completely new behaviours. Looking ahead to 2021, Retail Week considers some of the trends that may emerge.
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AnalysisDeep dive: The new world of work – long-term impacts of Covid on the workforce
The long-term impacts of the pandemic on the workplace and our roles within it
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NewsMcColl’s to hang on to rates rebate as Covid costs outweigh savings
C-store retailer McColl’s is set to keep the business rates rebate it was given by the government in March as its chief executive says Covid-related costs have since outstripped the money saved.
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NewsTesco and Morrisons to open stores with reduced hours on Boxing Day
Tesco and Morrisons will open their stores with reduced hours on Boxing Day to allow staff to spend more time with their families over the festive period.
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NewsBrexit: Supermarkets given grace period on Northern Ireland supply checks
UK supermarkets will be allowed to continue supplying Northern Ireland stores without checks at the border, deal or no deal, from January 1.
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NewsGovernment extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.
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NewsThe Hut Group raises sales forecast for second time since float
The Hut Group has bumped up its sales forecast for the second time since it floated in September, citing strong Black Friday and Cyber Monday sales.
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NewsKingfisher agrees to return business rates relief in full
The board of home and DIY giant Kingfisher has agreed to return more than £130m in business rates relief in full, becoming the latest retailer to do so.
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NewsTed Baker slips deeper into the red as revenues fall
Ted Baker has reported deepening losses before tax as its revenues fell and costs associated with the ongoing coronavirus pandemic rose.