All International articles – Page 49
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NewsJC Penney declares bankruptcy amid coronavirus pandemic
The US department store chain JC Penney, which filed for bankruptcy on Friday, is reportedly the largest retail casualty of the pandemic-induced economic downturn so far.
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NewsBoohoo eyes further acquisitions as it completes £200m fundraise
Pureplay fashion retailer Boohoo has successfully raised close to £200m in less than 24 hours as it eyes already struggling high street brands stricken further by the coronavirus.
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NewsCoronavirus: Global Fashion Group sales grow during lockdown as it eyes profitability
Pureplay retailer Global Fashion Group (GFG) has reported an increase in sales in the first quarter and improving margins as it eyes profitability.
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NewsAO expects profits in line with predictions as coronavirus boosts online growth
AO said it expects sales and profits for the financial year to be in line with analyst expectations and said the coronavirus has created a ‘new normal’ in terms of online electricals’ share of the market.
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NewsKingfisher sales hammered by coronavirus store closures
Kingfisher has seen sales during the first quarter of the year take a hammering from the coronavirus forced closure of its store estate.
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OpinionDispatch: How Spain’s El Corte Inglés is preparing for life after lockdown
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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OpinionRichard Lim: How to tackle the deepest recession in 300 years
The UK economy is clearly facing an extraordinary crisis. The coronavirus pandemic has sent shockwaves across communities, financial markets and has caused paralysis within many businesses.
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AnalysisDispatch: Six of the best global innovations sparked by coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsAmazon executive quits over coronavirus protest sackings
A senior Amazon executive has quit over the etail titan’s treatment of staff who protested against a lack of coronavirus safety measures in its warehouses.
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OpinionDispatch: How Spar International is thinking like a marketplace amid coronavirus
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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AnalysisAnalysis: Amazon sales rocket during coronavirus crisis, but at what cost?
Online titan Amazon posted quarterly figures that showed both the agility of its response to demand during the coronavirus pandemic and the massive cost – in dollars and perhaps reputation – that accompanied that.
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NewsAmazon first-quarter profits dip as it warns of $4bn coronavirus costs
Amazon has reported in a decline in first-quarter profits and warned that earnings in its second quarter will be completely wiped out by costs related to coronavirus.
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NewsCoronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
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NewsThe Hut Group to launch ‘THG Air’ to bolster international operations
The Hut Group has bought two cargo planes with plans to launch an air freight service later this year to better facilitate its global distribution networks.
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AnalysisDispatch: Russia’s Wildberries on the coronavirus online shopping boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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NewsOcado opens first Sobeys warehouse as online grocery demand soars
Ocado has opened its first automated warehouse in North America as the online grocer-cum-technology provider presses ahead with progress on its overseas partnerships.
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NewsRetailers cancel £2.5bn of orders from Bangladesh amid coronavirus crisis
British retailers have cancelled an estimated £2.5bn in clothing orders from Bangladeshi suppliers, pushing the country’s garment industry towards a “major crisis”.
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OpinionDispatch: How China’s JD.com shored up its supply chain during coronavirus
As the coronavirus takes its toll on economies and businesses across the globe, we bring you regular dispatches from international retailers, who provide their insights into how they are coping with the pandemic.
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NewsPrimark endorses UN call for fashion supply chain worker support
Primark has lent it support the UN’s call for fashion industry stakeholders to help garment industry workers impacted by the coronavirus pandemic.