More on Me + Em – Page 570
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NewsCMA delays final Amazon-Deliveroo decision until August
The Competition and Markets Authority (CMA) has delayed publishing its final decision on the proposed tie-up between Amazon and Deliveroo until the first week of August.
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NewsZara owner Inditex posts first-ever quarterly loss
Zara owner Inditex has reported its first-ever quarterly loss as the coronavirus crisis took its toll on the group’s bottom line.
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NewsMonsoon and Accessorize bought out of administration by founder
Peter Simon has bought Monsoon and Accessorize out of administration with cash from a new holding company in a bid to “rescue a significant number of stores”.
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NewsQuiz property arm slips into administration as it eyes store portfolio restructure
Struggling fashion brand Quiz has said it will seek to appoint administrators to its wholly owned subsidiary in a bid to restructure its failing retail store portfolio.
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NewsThe Hut Group profits soar as total sales exceed £1bn
The Hut Group profits have rocketed while total sales have surpassed £1bn driven by new brand acquisitions and investment in technology.
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VideoFace time: Joules boss Nick Jones on ‘learning as we go’ with store reopenings
Joules chief executive Nick Jones discusses the phased approach the retailer is taking to reopening stores as the coronavirus lockdown lifts, possible changes in consumer demand as a result of the pandemic and how he has run the business from home.
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NewsSegro completes fundraising as it eyes bigger piece of online shopping boom
UK warehousing group Segro has raised £680m from a new share placing to fund the acquisition of new online distribution facilities.
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OpinionOpinion: Time for a reset of retail rent and rates
In 2015 I closed the last of my stores due to spiralling property costs. There’s not a day since that I haven’t missed them.
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AnalysisThe Big Question: Should social distancing be reduced to one metre?
The government is being urged to relax the two-metre rule on social distancing ahead of shops reopening on June 15. As scientists debate whether or not a change would be safe, industry experts offer their views.
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AnalysisDeep dive: How Covid-19 has changed grocery retail forever
Coronavirus brought unprecedented demand for grocery retailers, but it has also dramatically changed how we buy and consume food. Retail Week looks into which new shopping behaviours and trends will be here to stay once the pandemic subsides
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OpinionThe Secret Landlord: Retailers want to have their cake and eat it too
After years in the driving seat, the tide has turned on landlords and retailers have the whip hand. However, occupiers must remember that they need landlords too.
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News70% of shoppers wary of returning to stores ahead of non-essential reopening
As non-essential retail prepares to reopen on June 15 UK consumers are reluctant to return to normal life, with seven in 10 uncomfortable going shopping according to the second EY Future Consumer Index.
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NewsDebenhams closes more stores after failing to agree terms with Intu
Department store chain Debenhams has confirmed the closure of a further three stores after failing to agree to terms with institutional landlord Intu.
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NewsMulberry to axe quarter of workforce amid coronavirus crisis
Mulberry plans to axe a quarter of its workforce across the globe as the coronavirus pandemic takes its toll on the business.
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NewsSosandar pens deals with Next and John Lewis as sales surge during lockdown
Sosandar will start selling its clothing through the John Lewis and Next websites as it seeks to build on surging sales during the first two months of its financial year.
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NewsAudit watchdog ends probe into Tesco’s £326m accounting scandal
The audit watchdog has closed its investigation into Tesco almost six years on from its accounting scandal.
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AnalysisAnalysis: Never waste a crisis – how coronavirus galvanised retail
In the space of a few months, Britain and its retailers have been plunged into a crisis the scale of which few would ever have imagined.
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OpinionThe Secret Retailer: Landlords are living in cloud cuckoo land
The relationship between retailers and landlords is at a critical point.
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NewsRetail sales slump in May despite relaxed lockdown restrictions
After a record low in April, May sales figures showed little signs of improvement, registering the second-worst decline since records began in 1995.
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NewsMalcolm Walker takes full ownership of Iceland in £115m deal
The founder and chief executive of Iceland has taken full ownership of the retailer after buying out the remaining stake of external investor Brait.