All articles by Hugh Radojev – Page 99
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NewsOcado and M&S product switchover on track despite coronavirus
Ocado has all but guaranteed that it will meet its September switchover deadline as part of its joint venture with Marks & Spencer, despite the constraints caused by the coronavirus pandemic.
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NewsHalfords expects full-year profits at top end of range
Halfords has said it expects full-year profits for this financial year to come in at the top end of the expected range, while noting a downturn in overall group sales for the current trading period.
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NewsCMA blocks JD Sports-Footasylum merger despite coronavirus uncertainty
Following a phase two investigation, the CMA found the merger would “lead to a substantial lessening of competition nationally” in the footwear sector and would leave customers with “fewer discounts or receiving lower quality customer service”.
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NewsOcado sales soar due to coronavirus as it ramps up extra capacity
Ocado has reported soaring sales growth for the second quarter of the year due to the spiralling demand for online grocery delivery brought on by the coronavirus.
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NewsWaitrose vows to double London delivery slots with Enfield fulfilment centre opening
Waitrose has vowed to double its online grocery delivery slots in London ahead of the opening of its Enfield fulfilment centre later this week.
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NewsCustomer limits and no-contact returns policies on agenda for store reopenings
A limit on the number of customers allowed in a store at any one time and no-contact returns are just some of the measures being considered by the government ahead of any non-essential store reopenings.
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NewsHotel Chocolat opens new credit line as Easter sales hit by lockdown
Hotel Chocolat has opened a new line of credit with its bankers following a subdued Easter sales period due to the coronavirus lockdown measures.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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NewsJohn Lewis considers permanently closing some stores after lockdown
The chair of John Lewis has admitted the retailer may permanently close some of its department stores, even after the coronavirus lockdown ends.
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NewsHomebase to reopen 50 more stores after ‘successful trial’
Homebase is set to reopen a further 50 stores across the UK from today, following the “successful trial” reopening of 20 shops.
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NewsWaitrose appoints former Sainsbury’s executive as new food boss
Waitrose has appointed a former Sainsbury’s executive to head up its food operation and steer it through the ongoing coronavirus crisis.
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NewsDixons Carphone hails strength of online channel as it cancels dividend
Dixons Carphone has said its ecommerce channels in the UK and Ireland have recovered around two-thirds of sales lost to store closures as it cancelled its full-year dividend for shareholders.
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NewsNext warns sales fall during coronavirus ‘faster and steeper’ than anticipated
Next has issued a lengthy trading update warning that the fall in sales as a result of the coronavirus has been “faster and steeper” than it anticipated in March.
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NewsCoronavirus: Online grocery shopping to receive huge boost this year due to lockdown
As a result of the ongoing coronavirus pandemic online grocery shopping is expected to grow by more than 30%, according to new research.
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NewsGrocery sales soar in April as consumers acclimatise to lockdown
Supermarket sales grew in April as customers spent an extra £524m on groceries compared with last year as the UK settled into life in lockdown.
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NewsBRC and Usdaw issue guidance for non-food retailers ahead of future store reopenings
The British Retail Consortium (BRC) and shopworkers’ union Usdaw have issued guidance on social distancing for non-food retailers in anticipation of a wider reopening of stores.
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AnalysisAnalysis: How coronavirus forced the Co-op to fix what wasn’t broken
Buoyed by six consecutive years of like-for-like growth, the Co-op could have justly looked forward to another bumper year in 2020. But the coronavirus has forced it to fundamentally rethink a strategy that was reaping rewards.
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NewsSainsbury’s to extend trading hours at supermarkets and convenience stores
Sainsbury’s chief executive has written to customers saying the grocer will be extending trading hours at supermarkets and convenience stores to reduce queuing inside and outside stores.
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NewsCoronavirus testing expanded to all essential workers and families
All essential workers, including supermarket staff, will be able to book a coronavirus test for themselves online as the government looks to meet its testing target.
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NewsGovernment bans ‘aggressive rent collection’ to safeguard high street stores
The government has placed a temporary ban on landlords issuing statutory demands and winding up orders over unpaid rent to protect high street businesses under strain from coronavirus.