All News articles – Page 363
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NewsOcado capacity constraints will limit M&S customer adoption, Norman cautions
Marks & Spencer customers hoping to shop with Ocado when the pair’s joint venture goes fully live in September may not be able to, M&S chair Archie Norman has cautioned.
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NewsAmazon could push back Prime Day due to coronavirus
Amazon is delaying Prime Day until October due to pressure on its supply chain network triggered by the ongoing coronavirus pandemic, according to reports.
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NewsMarket Halls blames social distancing for closure and job losses
Market Halls, the company which operates three of the biggest food halls in the UK, has blamed social distancing for its current closure and a wave of redundancies.
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NewsLandsec hails ‘encouraging’ footfall and reinstates dividend despite rents dip
Landsec has hailed “encouraging” levels of footfall in its centres and will reinstate its shareholder dividend from November, despite retail occupants dragging their feet with rents.
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NewsConsumer confidence inches up despite economic uncertainty
Consumer confidence has risen in the two weeks since non-essential shops reopened despite ongoing disruption due to the pandemic.
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NewsPrimark boss on reopening success: ‘Online can’t compete with our low prices’
Primark’s performance since reopening shows the continued relevance of its low-price, bricks-and-mortar business model that trumps online rivals, bosses believe.
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NewsFace coverings to be mandatory in Scottish shops from next week
The use of face masks or other coverings will become mandatory in shops in Scotland from July 9 as part of the country’s easing of lockdown restrictions.
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NewsRetailers join forces for net zero sustainability push
Some of the biggest names in retail have backed a drive to address the causes of climate change ahead of the government’s target.
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NewsMarks & Spencer relaunches Sparks loyalty programme
Marks & Spencer will relaunch an overhauled Sparks loyalty scheme next week after making changes in response to customer views.
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NewsPrimark ‘encouraged’ by trade since reopening but profits to plunge
Value fashion giant Primark’s profits will be down by about two thirds this year, but trading in reopened stores has been encouraging.
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NewsCoronavirus drives permanent shift in shopping habits as online grows
Consumers intend to permanently change their shopping behaviour, including purchasing more online, because of the Covid-19 pandemic.
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NewsTopps Tiles sales slide but hails ‘resilience’ as stores reopen
Topps Tiles sales slid during its third quarter as the pandemic hammered its top line.
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NewsHarrods to slash hundreds of jobs as coronavirus craters tourism
Luxury department store Harrods is poised to make hundreds of redundancies, blaming the coronavirus pandemic for stifling sales and driving down tourism.
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NewsJohn Lewis chair White warns staff of store closures and job cuts
John Lewis chair Dame Sharon White has told staff that job cuts and store closures are imminent as the business embarks on a post-coronavirus cost-cutting drive.
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NewsLandlords bank on retail recovery despite falling rent collections
In separate updates today, institutional landlords Hammerson and British Land have outlined hopes for a retail recovery despite struggling to recoup rents for the most recent quarter.
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NewsArcadia to cut 500 head office roles in post-coronavirus restructuring
Arcadia plans to cut a fifth of its head office staff in a bid to cut costs following the coronavirus pandemic.
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NewsKingfisher bolsters board with Holland & Barrett boss
Kingfisher has appointed Holland & Barrett chief executive Tony Buffin as a non-executive director.
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NewsSainsbury’s first-quarter sales climb as digital revenue more than doubles
Sainsbury’s has posted a rise in its first-quarter sales spurred by strong online growth as new boss Simon Roberts says the grocery business has “changed fundamentally”.
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NewsShop prices fall in June as coronavirus hammers sales
Shop prices fell for the 13th consecutive month in June as retailers discounted swathes of products amid the coronavirus crisis.
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NewsTM Lewin shutters stores after tumbling into administration
Shirtmaker TM Lewin is set to close all of its UK stores, putting over 600 jobs at risk, after it fell into administration due to the impact of the Covid-19 pandemic.