More on Me + Em – Page 583
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NewsCoronavirus: Greggs postpones reopening plans amid crowd fears
Greggs has postponed plans to reopen some of its stores next week amid fears that it could spark crowds at the chain’s outlets.
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NewsIceland boss Walker slams ‘ludicrous’ HMRC probe into Christmas Club scheme
Iceland boss Sir Malcolm Walker has slammed HM Revenue & Customs for pursuing a “ludicrous” investigation into its Christmas Club employee savings scheme during the coronavirus crisis.
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NewsAmazon first-quarter profits dip as it warns of $4bn coronavirus costs
Amazon has reported in a decline in first-quarter profits and warned that earnings in its second quarter will be completely wiped out by costs related to coronavirus.
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OpinionAjaz Ahmed: There are no queues on Google – why are there on retail websites?
Your office is now empty and meetings are being held using video conferencing tools like Zoom, Microsoft Teams or Google Hangouts.
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OpinionMove of the Week: Waitrose's Bailey is the kind of leader you want in a crisis
When James Bailey left Sainsbury’s in October it’s unlikely he would have imagined his next role to be leading a rival grocer’s response to the biggest public health crisis in a century.
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NewsCoronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
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NewsSainsbury’s boss Coupe takes parting shot at Amazon on business rates
Sainsbury’s boss Mike Coupe has defended the grocer’s decision to accept business rates relief from the government – and said it will still face a higher bill than Amazon this year.
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AnalysisAnalysis: Will Dixons Carphone’s ShopLive be retail’s answer to Zoom?
As people spend more time at home during the coronavirus lockdown, digital technology has taken on a central role in life, whether video conferencing with colleagues or shopping online.
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NewsThe Hut Group to launch ‘THG Air’ to bolster international operations
The Hut Group has bought two cargo planes with plans to launch an air freight service later this year to better facilitate its global distribution networks.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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NewsWilko profits and sales fall in ‘incredibly difficult’ year
Wilko has reported a slide in full-year pre-tax profits and a fall in sales, which it attributed to the “challenging” UK retail environment, Retail Week can reveal.
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NewsJohn Lewis considers permanently closing some stores after lockdown
The chair of John Lewis has admitted the retailer may permanently close some of its department stores, even after the coronavirus lockdown ends.
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NewsM&S bolsters non-exec team with two new appointments
Marks & Spencer has added former Saatchi and Saatch chief executive Tamara Ingram and Compass executive director Sapna Sood to its non-executive board.
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NewsIntu could lose control of key shopping centres
Bondholders of debt secured against retail property giant Intu are preparing plans that could see them seize the retailer’s key assets as early as June.
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NewsSainsbury’s full-year profits dip, coronavirus prompts grocery sales surge
Sainsbury’s has reported a decline in underlying full-year profits as it plans to incur £500m in additional costs due to coronavirus in the coming financial year.
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AnalysisDispatch: Russia’s Wildberries on the coronavirus online shopping boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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AnalysisCoronavirus: Next’s Lord Wolfson on cash, customers and trading safely
As fashion bellwether Next reports a “faster and steeper” fall in sales in the wake of the coronavirus outbreak than expected, how is the retailer adapting to tough conditions afflicting the whole industry?
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VideoFace time: Dreams boss Mike Logue on Covid-19 triggering digital investment
Dreams chief executive Mike Logue talks about moving from two-man to two-van delivery, repurposing its factory to produce PPE and other operational changes brought on by coronavirus in recent weeks.
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NewsHomebase to reopen 50 more stores after ‘successful trial’
Homebase is set to reopen a further 50 stores across the UK from today, following the “successful trial” reopening of 20 shops.