All articles by Luke Tugby – Page 24
-
NewsPret A Manger to shutter 30 stores putting 1,000 jobs at risk
Pret A Manger is permanently closing 30 of its stores and putting around 1,000 jobs into consultation following the “significant impact” of coronavirus on profits and cash flow.
-
NewsTesco seeks supplier discounts as it ratchets up pressure on Aldi
Tesco is demanding deep discounts from suppliers as it seeks to ramp up the pressure on its discount rivals on price.
-
NewsTreasury considers £500 vouchers for all adults to help Covid-hit high streets
All adults across the UK could be given £500 to spend under radical government plans being considered to kick-start the economy amid the coronavirus crisis.
-
NewsHigh street footfall surges across England as restaurants and pubs reopen
Towns and cities across England enjoyed increases in footfall on Saturday evening as restaurants, pubs and bars reopened their doors following lockdown.
-
NewsBoohoo faces modern slavery allegations at Leicester warehouse
Boohoo has become embroiled in a modern slavery row amid claims that workers at factories in Leicester are being paid as little as £3.50 per hour.
-
OpinionOpinion: As jobs are decimated, Johnson must help ‘build, build, build’ retail
There’s no getting away from it – this has been a bruising week for retail.
-
AnalysisAnalysis: Three strategic headaches facing Sainsbury’s boss Simon Roberts
Sainsbury’s new boss Simon Roberts unveiled a healthy set of numbers this morning in his first City outing since succeeding Mike Coupe as chief executive.
-
AnalysisJohn Lewis, Superdry, Lush and Waterstones on trading in retail’s new normal
After three months of shuttered doors due to the coronavirus, English non-essential retail reopened to the public on Monday. Retail Week analyses the lessons to be learnt from the first days of trading.
-
NewsWalmart partners with Shopify to expand marketplace proposition
Walmart has joined forces with ecommerce platform Shopify in a bid to broaden its marketplace proposition and capitalise on a surge in online shopping during the coronavirus pandemic.
-
OpinionOpinion: Reopenings reveal a flight to value that retail must embrace
It has become something of a recurring theme during this pandemic, but retailers and their frontline workers did themselves proud again on Monday.
-
NewsIn pictures: Primark and Sports Direct drive footfall as non-essential retail reopens
Retail destinations across England saw footfall numbers soar on the day that non-essential retailers were allowed to reopen stores, with queues forming for the likes of Primark, H&M and Zara.
-
NewsRetail footfall to suffer ‘for some time to come’, BRC warns
Footfall to retail locations will continue to suffer “for some time to come”, the British Retail Consortium (BRC) has warned, despite non-essential shops reopening their doors today.
-
NewsMike Ashley’s Frasers Group takes £100m stake in Hugo Boss
Mike Ashley’s Frasers Group has taken a near 5% stake in Hugo Boss, worth almost £100m.
-
NewsBoohoo braces for shareholder revolt over executive pay
Boohoo is facing a potential shareholder revolt this week over a payout to boss John Lyttle and salary increases for some of its top executives.
-
NewsRetailers to reopen today after three months in lockdown
Retailers across England will reopen their doors today for socially distanced shopping after almost three months in lockdown.
-
NewsAldi extends Deliveroo partnership into London
Aldi has extended its trial with Deliveroo into London, less than a month after launching the pilot in the Midlands.
-
NewsMorrisons hit by investor revolt over exec pension payments
Morrisons has been rocked by a shareholder revolt over the pay packages of its executive team.
-
NewsUK economy suffers worst-ever slump during coronavirus lockdown
The UK economy suffered its worst-ever collapse during April as the coronavirus lockdown wiped out a fifth of GDP.
-
NewsUpdated: Ocado launches £1bn fund raise to capitalise on online shift
Ocado has launched an ambitious bid to raise £1bn in fresh funding to help it capitalise on the “significant acceleration” in online shopping during the coronavirus pandemic.
-
OpinionOpinion: Monsoon and Quiz pre-packs punish staff for management mistakes
The pre-pack administrations unveiled by Monsoon Accessorize and Quiz this morning were certainly portrayed as good news for the businesses and their respective workforces.