More on Me + Em – Page 599
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NewsNext profits rise as it braces for £1bn coronavirus hit
Next has posted an increase in full-year profits but warned that the coronavirus pandemic will spark a “significant downturn in sales”.
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NewsCoronavirus: Asda stores to host elderly hour this Friday
Asda will only open its stores to elderly and vulnerable shoppers before 9am tomorrow to give them easier access to products during the coronavirus pandemic.
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NewsCoronavirus: M&S launches contact-free delivery and ups UK food production
Marks & Spencer has launched contact-free delivery for customers as one of a number of responses to the coronavirus pandemic.
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NewsCoronavirus: Ocado temporarily shuts website due to ‘staggering’ demand
Ecommerce grocer Ocado has been forced to temporarily close access to its website and stopped accepting new deliveries as it struggles to deal with “staggering” levels of demand.
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OpinionCoronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.
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NewsTesco rations all product lines amid coronavirus crisis
Tesco is to place a restriction of three items per customer on every product it sells as part of changes to combat stockpiling sparked by the coronavirus crisis.
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NewsRetail Week’s Chris Brook-Carter to head Retail Trust
Retail Week and World Retail Congress managing director Chris Brook-Carter is leaving to become chief executive of industry charity Retail Trust.
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NewsCoronavirus: Three-quarters of shoppers face shortages as stockpiling ramps up
Nearly three-quarters of UK consumers are struggling to purchase basic grocery items such as tinned food and toilet roll as shoppers increase stockpiling.
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NewsCoronavirus: Selfridges to shut stores from 7pm tonight
Department store group Selfridges is to shut its stores, including its Oxford Street flagship, at close of business this evening to play its part in minimising the spread of coronavirus.
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NewsAsda temporarily closes counters and rations products to limit stockpiling
Asda has become the latest supermarket to begin rationing products to limit stockpiling and is closing counters to free up staff as the coronavirus outbreak continues.
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NewsMorrisons calls for relaxed competition laws during coronavirus crisis
Morrisons has urged the government to relax a host of regulations, including competition laws, during the coronavirus pandemic.
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NewsInditex posts profits rise but makes €287m coronavirus provision
Fashion giant Inditex has reported a rise in full-year profits but the advance was scaled back by a coronavirus provision.
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NewsCoronavirus: Superdry to miss targets after sales hit
Superdry will miss its financial guidance after the coronavirus outbreak hit sales overseas and in the UK.
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NewsMorrisons posts profit rise but coronavirus brings ‘unprecedented challenges’
Grocer Morrisons has reported a rise in full-year profits but cautioned that the coronavirus pandemic brings “unprecedented challenges”.
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NewsCoronavirus: Amazon limits shipments to warehouses to focus on high-demand lines
Amazon is restricting shipments from vendors to its UK distribution centres in response to the coronavirus pandemic.
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Future LeadersBe Inspired: Rodial boss on navigating challenging times
Maria Hatzistefanis recently battled against impending bankruptcy and business administration. In light of the current retail landscape, she shares how she managed the situation while attempting to maintain business-as-usual.
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NewsSainsbury’s and Tesco launch in-store initiatives to address coronavirus crisis
Sainsbury’s and Tesco have each unveiled measures ranging from dedicated shopping times for the vulnerable to limited trading hours to cope with the impact of coronavirus.
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AnalysisAnalysis: Should Dixons Carphone call time on its mobile business?
Dixons Carphone has revealed plans to shutter all 531 of its standalone Carphone Warehouse stores in a bid to revive its mobile business, but the move alone may not be enough to return the struggling division to profitability.
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AnalysisAnalysis: How are retailers protecting staff during the coronavirus outbreak?
As the government takes increasingly stringent action to combat the ongoing coronavirus outbreak, retail staff have found themselves on the front line in the face of panic buying and contagion fears.
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NewsChancellor suspends business rates for 12 months for ‘economic fight’
The chancellor has announced 12-month business rates holidays for all retailers and pubs as part of a sweeping set of measures designed to support business in the face of the coronavirus outbreak.