More on Me + Em – Page 578
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NewsRetailers’ fortunes flag on Sunday Times Rich List
A number of retailers have fallen in the rankings in The Sunday Times Rich List 2020 as tough market conditions impact their personal fortunes.
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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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AnalysisRetailers expect post-pandemic recovery to take up to a year
Retailers expectations about the length of time for recovery following the coronavirus pandemic have lengthened, despite some easing of lockdown measures.
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VideoBe Inspired: Advice from retail execs on managing stress and mental health
To coincide with Mental Health Awareness Week, RWRC spoke with senior retail leaders from Ocado, John Lewis Partnership, Lucky Saint, Pets at Home and Secret Sales to understand how they embrace ‘good stress’ and deal with ‘bad stress’, and the measures they have taken to stay resilient during the coronavirus crisis.
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OpinionOpinion: Next phase of Covid-19 crisis will present even tougher challenges
We are now into week 10 of lockdown and, after the government published its recovery strategy, it’s starting to feel like we’re perhaps coming to the end of the beginning of this crisis.
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NewsLidl launches online collection lockers at UK stores
Discount supermarket chain Lidl has rolled out delivery and collection lockers in stores for the first time to allow customers to “maximise” their shopping trips.
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AnalysisAnalysis: How WHSmith is preparing for travel retail to take off again
The world’s travel plans have gone awry during the coronavirus pandemic, depriving WHSmith of shoppers in its travel stores, but boss Carl Cowling is confident he can pilot the retailer to a safe landing.
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NewsSainsbury’s to expand Chop Chop delivery service to help boost capacity
Sainsbury’s has unveiled plans to expand its Chop Chop bike delivery service to 20 UK cities outside London to help increase its online capacity.
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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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AnalysisCoronavirus Consumer Pulse: How lockdown is shaping Covid-19 consumer habits
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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OpinionOpinion: Job retention scheme extension is welcome news for retail
As we begin to descend the coronavirus mountain – to borrow the prime minister’s analogy – the thoughts of business leaders have turned to the question of how to get Britain back to work.
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NewsM&S launches sale as it brings forward start date for new fashion boss
Marks & Spencer has announced a 50% sale on clothing, on the same day it bought forward the start date of its new clothing and homewares boss Richard Price.
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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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NewsTesco, Sainsbury’s and Morrisons execs scoop hefty bonuses
Executives at three of Britain’s biggest grocers have been awarded hefty bonus packages.
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NewsWatches of Switzerland sales rise despite ‘significant’ coronavirus impact
Watches of Switzerland has posted an increase in full-year sales despite its top line being “significantly impacted” by the coronavirus crisis.
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NewsWHSmith sales decimated by coronavirus as first-half profits dip
WHSmith’s sales have been obliterated by the coronavirus as lockdown restrictions decimated its travel division.
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VideoFace time: Poundland boss Williams on trading on pandemic-hit high streets
Poundland managing director Barry Williams talks to Retail Week about the challenges of trading during the coronavirus pandemic, which has seen “10 years of consumer behaviour condensed into 10 weeks”.
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NewsCoronavirus: Multichannel retailers' online sales soar in lockdown
Multichannel retailers have registered a larger spike in sales than their pureplay counterparts as online revenues surge overall due to the coronavirus lockdown.
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OpinionOpinion: Oxford Street needs post-pandemic retail reinvention
It’s the UK’s premier urban shopping destination, but London’s Oxford Street will need a lot of TLC to recover from the impact of the coronavirus outbreak.
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AnalysisDeep dive: Retail Darwinism – who will emerge from Covid-19 as retail’s fittest?
Coronavirus may be hitting retailers across the world indiscriminately but the most powerful – those with the strongest financial footing, robust business models and omnipresent appeal – will emerge in a far better position than the rest.