All International articles – Page 54
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NewsKingfisher donates £1m of protective medical equipment to health services
B&Q owner Kingfisher is set to divert all of its remaining stock of personal protective equipment (PPE) to frontline healthcare workers across Europe.
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NewsThe Hut Group launches £10m coronavirus support package for vulnerable communities
Online retail giant The Hut Group (THG) has established a £10m coronavirus aid package to support vulnerable communities, key workers and emergency services.
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NewsCoronavirus: H&M lines up supply chain to produce protective medical equipment
Fast-fashion giant H&M has ramped up its supply chain to produce protective personal equipment for frontline medical staff battling the ongoing coronavirus pandemic.
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NewsCoronavirus: Walmart creates 150,000 jobs, pays $550m bonus to stores
Walmart plans to hire 150,000 temporary workers and award its hourly paid staff special bonuses totalling $550m as it tackles the coronavirus crisis.
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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.
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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.
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NewsInditex posts profits rise but makes €287m coronavirus provision
Fashion giant Inditex has reported a rise in full-year profits but the advance was scaled back by a coronavirus provision.
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NewsCoronavirus: Superdry to miss targets after sales hit
Superdry will miss its financial guidance after the coronavirus outbreak hit sales overseas and in the UK.
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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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OpinionOpinion: Retailers are the unsung heroes of the coronavirus crisis
For too long, retail has been cut a raw deal.
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NewsCoronavirus: Primark warns of sales hit as overseas stores shut
Value fashion giant Primark expects to take a hit on earnings after having to close overseas stores amid the coronavirus crisis and seeing a fall in like-for-likes in the UK.
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NewsCoronavirus: Grocers issue stockpiling plea and stores close worldwide
The UK’s big grocers appealed for calm over the weekend as shoppers continued to empty shelves in coronavirus stockpiling, while around the world-leading retailers closed stores en masse as the crisis bit.
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NewsCoronavirus: Amazon tells staff worldwide to work from home
Amazon has told its staff globally to work from home for the rest of this month if they can in response to the coronavirus pandemic.
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InterviewInterview: Dave Lewis – ‘I didn’t save Tesco, 300,000 other people did’
Tesco boss Dave Lewis has overseen a transformative turnaround in his five-and-a-half years at the helm. The winner of this year’s Outstanding Contribution to Retail Award tells the story of his time in charge.
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NewsAdidas and Puma profits battered by coronavirus
Sportswear giants Adidas and Puma have suffered a drop in sales in China as a result of coronavirus and warned the disruption would impact other markets.
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NewsWHSmith warns on profit as coronavirus hits travel business
WHSmith has slashed its full-year profit forecast as the coronavirus pandemic takes it toll on its travel division.
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AnalysisBudget: Coronavirus dominates as chancellor breaks out cheque book
In a challenging economic climate dominated by uncertainty over coronavirus, the new chancellor took action to protect business – but business rates reforms have been delayed. Retail Economics chief executive Richard Lim examines the detail.
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NewsB&M completes sale of German business
Value retailer B&M has completed the sale of its German business Jawoll, five months after opening a strategic review into its performance.
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OpinionBryan Roberts: Tesco’s Asian windfall would be better spent on stores
The ongoing unravelling of the great retail globalisation myth has taken its latest step with the news that Tesco has completed its withdrawal from Asia, through the proposed sale of its operations in Thailand and Malaysia.
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OpinionOpinion: Retail’s coronavirus response could spark long-term change
As shoppers cleared the shelves of staple goods such as toilet roll and pasta in the wake of the coronavirus outbreak, retailers acquitted themselves well.