More on Me + Em – Page 591
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OpinionOpinion: Get exec pay right to ensure credit in the bank with shoppers
As many businesses are forced to furlough staff or in the worst cases make redundancies, the remuneration of high earners has understandably come under the microscope.
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Digital editionRetail Week magazine: April 10
This week, you’ll find lessons from retailers experiencing lockdowns around the world, insight into the challenges facing online retailers from grocery to fashion, and how businesses are connecting with customers using TikTok. We hope you find it useful and thought-provoking.
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AnalysisAnalysis: How coronavirus is really impacting Tesco
Tesco unveiled its full-year results today, but another stellar 12 months of profit and margin gains played second fiddle to its ongoing response to the coronavirus crisis.
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NewsMarks & Spencer turns pyjamas into NHS scrubs to help in coronavirus fight
Marks & Spencer is donating pyjamas to be used as scrubs by the NHS as part of several initiatives to support the health serviced during the coronavirus outbreak.
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NewsMorrisons and Deliveroo launch grocery home delivery partnership
Big-four grocer Morrisons has announced a new partnership with Deliveroo to offer home grocery delivery from stores.
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NewsCoronavirus: Holland & Barrett remains open despite staff calls for closures
Holland & Barrett has qualified as an ‘essential’ retailer as defined by government guidelines, but staff are campaigning for closures.
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NewsAsos profits jump as it orders £200m equity raise to cope with coronavirus
Asos has launched an equity share raise and extended its revolving credit facility to deal with the impact coronavirus on its business.
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NewsTesco full-year profits rise as it incurs ‘significant’ coronavirus costs
Tesco has warned that the impact of coronavirus could cost its business as much as £925m as the grocer posts uplifts in full-year profits and UK sales.
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OpinionWhat next? Asos, Boots and Pets at Home bosses on the post-pandemic future
You will be relieved to hear that I’m not writing about the current situation – we’re all deluged with information already and anything I wrote would be out of date before you read it.
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OpinionOpinion: Supporting suppliers now will pay dividends tomorrow
The coronavirus pandemic has not only decimated retailers’ performance, its effects are being felt by the industry’s suppliers too.
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NewsEaster trading to be ‘unrecognisable’ due to coronavirus
Trading over the coming Easter weekend will be “unrecognisable” due to the government’s mandated lockdown and closure of non-essential stores, according to data from Springboard.
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AnalysisAnalysis: H&M’s China sales trend offers fashion retailers coronavirus hope
With almost 4,000 of its 5,065 stores closed worldwide, H&M has been hit hard by the coronavirus outbreak affecting sales in its 54 markets.
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NewsEve Sleep promotes CMO Calverley to top job as Sturrock steps down
Eve Sleep has named chief marketing officer Cheryl Calverley as its new boss as current chief executive James Sturrock steps down to take up a new job elsewhere.
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NewsWaitrose rows back on coronavirus pay policy
Waitrose has rowed back on a policy that suggested workers who were self-isolating because of their family would have to make up the hours they owed at a later date.
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NewsWHSmith raises £165m through share placing amid coronavirus crisis
WHSmith has successfully raised more than £165m to shore up its balance sheet amid the current ongoing health crisis.
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NewsTesco to open pop-up stores at NHS Nightingale sites
Tesco plans to open pop-up shops at NHS Nightingale sites across the UK to give healthcare workers easy access to food and essential household items.
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AnalysisAnalysis: Seven inventive ways grocers across the globe are tackling coronavirus
From persuading people not to panic-buy to ensuring shoppers and staff are safe, supermarkets have had to overcome some Herculean challenges following the onset of coronavirus.
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NewsSchuh resumes online trading with ‘exhaustive welfare measures’ in place
Footwear specialist Schuh has resumed trading online after putting in place “exhaustive welfare measures” to protect staff from coronavirus.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
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AnalysisData: Grocery stock levels stabilise but some unavailabilities grow
The huge efforts by the UK grocers and their suppliers are helping to bring out-of-stock levels under control, but there is still work to do. The latest data from Edge by Ascential shows unavailabilities across some categories increased over the past week and disparities between the ability of supermarkets to respond.