More on Me + Em – Page 593
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NewsArcadia furloughs staff as senior team take pay cuts
Arcadia has said it will furlough “a substantial number” of staff, and its board and senior leadership team will take salary reductions as it battles to deal with the fallout from the ongoing coronavirus crisis.
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NewsBoots profits slide as owner Walgreens cautions on coronavirus impact
Boots has suffered a slump in profit during the first half of its financial year, following a fall in sales and increased technology investments.
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NewsKingfisher donates £1m of protective medical equipment to health services
B&Q owner Kingfisher is set to divert all of its remaining stock of personal protective equipment (PPE) to frontline healthcare workers across Europe.
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NewsCoronavirus: Morrisons to give frontline staff bonus increase
Morrisons will give frontline staff a bonus three times larger than normal for continuing to work during the coronavirus crisis.
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OpinionThe Secret Retailer: We are hurtling towards unimaginable social and economic crisis
In the latest in our series of columns from a ‘secret retailer’, one chief executive warns chancellor Rishi Sunak of the stark reality their business faces without access to one of the government’s coronavirus support loans.
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OpinionOpinion: Retail must act now to help its people through this crisis
Retail always has been and always will be a people industry. People are the heart and soul of this sector and help make it such a vibrant and dynamic trade for us, as journalists, to have the pleasure of covering.
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NewsSupporting retail workers during Covid-19
RWRC – the home of Retail Week and World Retail Congress – retailTRUST and the British Retail Consortium are raising £10m for retail staff facing hardship as a result of the coronavirus pandemic.
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NewsFenwick chair Richard Pennycook and boss Robbie Feather exit
Fenwick chair Richard Pennycook and chief executive Robbie Feather are both stepping down as the business’ founding family wrestles back control.
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NewsThe Hut Group launches £10m coronavirus support package for vulnerable communities
Online retail giant The Hut Group (THG) has established a £10m coronavirus aid package to support vulnerable communities, key workers and emergency services.
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NewsPets at Home profits will beat guidance, but cautions on year to come
Pets at Home will post earnings just ahead of expectations for the financial year just ended but sales in the next year are likely to be hit by the coronavirus pandemic.
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NewsDreams directors exit as retailer prepares for post-coronavirus landscape
Two Dreams directors will leave the beds specialist this week as the retailer adapts to a changing retail environment partly precipitated by the coronavirus outbreak.
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AnalysisThe Big Question: Should retailers of ‘non-essential’ goods continue trading online?
As the retail industry faces unprecedented challenges because of the coronavirus pandemic, Retail Week asks industry experts for their view on the biggest questions of the moment.
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NewsMorrisons not liable for staff data leak, court rules
The UK supreme court has found Morrisons was not to blame for the actions of a former employee who posted the personal details of 100,000 staff members online.
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OpinionOpinion: Coronavirus outbreak will drive investment in new directions
The coronavirus outbreak is first and foremost a human tragedy that will have a profound impact on the global economy.
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NewsJohn Lewis Partnership and TK Maxx owner TJX back CaRe20 campaign
John Lewis Partnership and TK Maxx parent company TJX Europe have pledged their support to the CaRe20 fundraising campaign.
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NewsMarks & Spencer raises pay for frontline staff during coronavirus outbreak
Marks & Spencer is to award frontline store and supply chain staff a 15% pay rise and furloughed employees will receive full pay during the coronavirus pandemic.
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NewsCoronavirus: Shoppers move online at ‘phenomenal’ rate during lockdown
Consumers are switching to online shopping at a “phenomenal” rate during the coronavirus lockdown, new research has revealed.
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NewsM&S temporarily adds branded lines to ensure ‘strong availability’ on staple items
Marks & Spencer has temporarily added a number of branded items to its ranges to help maintain what it calls “strong availability” during the ongoing coronavirus epidemic.
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NewsLaura Ashley administrators make redundancies and furlough staff
The administrators in charge of winding down Laura Ashley announced overnight they had made more than 200 redundancies and placed the retailer’s remaining store staff on furlough.
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Shop prices fall as food inflation eases pre-coronavirus
Shop prices fell in March driven by falling non-food prices and easing food inflation, but BRC boss Helen Dickinson warns that grocery prices may rise amid seasonal shift and increased demand.