More on Me + Em – Page 561
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Digital editionRetail Week magazine: July 3
This week we explore how fashion retail can recover from the Covid-19 crisis, the future of shopping centres after Intu’s collapse, and the socially distanced shopping trends that are here to stay.
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NewsPrimark boss on reopening success: ‘Online can’t compete with our low prices’
Primark’s performance since reopening shows the continued relevance of its low-price, bricks-and-mortar business model that trumps online rivals, bosses believe.
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NewsFace coverings to be mandatory in Scottish shops from next week
The use of face masks or other coverings will become mandatory in shops in Scotland from July 9 as part of the country’s easing of lockdown restrictions.
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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.
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NewsRetailers join forces for net zero sustainability push
Some of the biggest names in retail have backed a drive to address the causes of climate change ahead of the government’s target.
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NewsMarks & Spencer relaunches Sparks loyalty programme
Marks & Spencer will relaunch an overhauled Sparks loyalty scheme next week after making changes in response to customer views.
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NewsPrimark ‘encouraged’ by trade since reopening but profits to plunge
Value fashion giant Primark’s profits will be down by about two thirds this year, but trading in reopened stores has been encouraging.
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GalleryIn pictures: The retailers opening new stores in lockdown
While many retailers have tightened their belts to counter the impact of the coronavirus pandemic, some have used the time to launch new concept stores to expand their reach.
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NewsCoronavirus drives permanent shift in shopping habits as online grows
Consumers intend to permanently change their shopping behaviour, including purchasing more online, because of the Covid-19 pandemic.
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OpinionOpinion: Why have retailers become entrepreneurs all of a sudden?
Almost every day there’s another story on Retail Week about a retailer doing things in an entrepreneurial way. But where were all these entrepreneurs before the start of this pandemic?
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NewsTopps Tiles sales slide but hails ‘resilience’ as stores reopen
Topps Tiles sales slid during its third quarter as the pandemic hammered its top line.
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NewsHarrods to slash hundreds of jobs as coronavirus craters tourism
Luxury department store Harrods is poised to make hundreds of redundancies, blaming the coronavirus pandemic for stifling sales and driving down tourism.
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OpinionOpinion: Lululemon’s Mirror deal should usher in new type of retail acquisition
Sports apparel and leisurewear specialist Lululemon’s $500m purchase of interactive home gym start-up Mirror may turn out to be one of retail’s most inspired deals this year.
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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.
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NewsJohn Lewis chair White warns staff of store closures and job cuts
John Lewis chair Dame Sharon White has told staff that job cuts and store closures are imminent as the business embarks on a post-coronavirus cost-cutting drive.
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NewsLandlords bank on retail recovery despite falling rent collections
In separate updates today, institutional landlords Hammerson and British Land have outlined hopes for a retail recovery despite struggling to recoup rents for the most recent quarter.
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NewsArcadia to cut 500 head office roles in post-coronavirus restructuring
Arcadia plans to cut a fifth of its head office staff in a bid to cut costs following the coronavirus pandemic.
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NewsKingfisher bolsters board with Holland & Barrett boss
Kingfisher has appointed Holland & Barrett chief executive Tony Buffin as a non-executive director.
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NewsSainsbury’s first-quarter sales climb as digital revenue more than doubles
Sainsbury’s has posted a rise in its first-quarter sales spurred by strong online growth as new boss Simon Roberts says the grocery business has “changed fundamentally”.
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AnalysisHow to make stores safe post-lockdown – and not kill the shopping experience
Since the coronavirus pandemic, socially distanced shopping is a necessity. But how can stores operate safely without impinging on experience?