All News articles – Page 377
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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.
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NewsWaitrose appoints former Sainsbury’s executive as new food boss
Waitrose has appointed a former Sainsbury’s executive to head up its food operation and steer it through the ongoing coronavirus crisis.
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NewsDixons Carphone hails strength of online channel as it cancels dividend
Dixons Carphone has said its ecommerce channels in the UK and Ireland have recovered around two-thirds of sales lost to store closures as it cancelled its full-year dividend for shareholders.
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NewsNext warns sales fall during coronavirus ‘faster and steeper’ than anticipated
Next has issued a lengthy trading update warning that the fall in sales as a result of the coronavirus has been “faster and steeper” than it anticipated in March.
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NewsBRC names Tony DeNunzio as chair to succeed Richard Pennycook
The British Retail Consortium has appointed former Asda boss Tony DeNunzio as its new chair to succeed Richard Pennycook.
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NewsCoronavirus: Online grocery shopping to receive huge boost this year due to lockdown
As a result of the ongoing coronavirus pandemic online grocery shopping is expected to grow by more than 30%, according to new research.
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NewsCoronavirus: Shop prices plummet at sharpest rate since 2017
Shop prices fell in April at their steepest rate in over three years, exacerbated by non-food, as retailers grappled with the impact of economic uncertainty on consumer confidence and discretionary spending triggered by coronavirus.
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NewsOasis and Warehouse boss Hash Ladha exits
Oasis and Warehouse’s group chief executive Hash Ladha has stepped down from his role as the company continues its administration process.
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NewsGrocery sales soar in April as consumers acclimatise to lockdown
Supermarket sales grew in April as customers spent an extra £524m on groceries compared with last year as the UK settled into life in lockdown.
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NewsOcado opens first Sobeys warehouse as online grocery demand soars
Ocado has opened its first automated warehouse in North America as the online grocer-cum-technology provider presses ahead with progress on its overseas partnerships.
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NewsMarks & Spencer secures fresh funding and warns of ‘subdued’ trading
Marks & Spencer has secured fresh funding as it moves to shore up its balance sheet during the coronavirus crisis.
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NewsRetailers cancel £2.5bn of orders from Bangladesh amid coronavirus crisis
British retailers have cancelled an estimated £2.5bn in clothing orders from Bangladeshi suppliers, pushing the country’s garment industry towards a “major crisis”.
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NewsCoronavirus: Homebase trials 20 store reopenings
Homebase has reopened 20 of its bricks-and-mortar stores on a trial basis, one month after closing its entire estate due to the coronavirus pandemic.
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NewsDebenhams warns business rates change could spark Welsh shop closures
Debenhams may have to shut branches in Wales unless the government changes its stance on business rates.
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NewsSunday trading hours to be reviewed to smooth food shopping
Business secretary Alok Sharma has begun a review of Sunday trading restrictions to enable grocers to operate more effectively during the coronavirus outbreak and its aftermath.
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NewsJohn Lewis and Greggs prepare to reopen stores as lockdown eases
Department store business John Lewis is making plans to reopen stores next month as other retailers also move out of the coronavirus lockdown.
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NewsBRC and Usdaw issue guidance for non-food retailers ahead of future store reopenings
The British Retail Consortium (BRC) and shopworkers’ union Usdaw have issued guidance on social distancing for non-food retailers in anticipation of a wider reopening of stores.
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NewsCoronavirus: JD Sports boss Cowgill takes 75% pay cut
JD Sports has launched a range of cost-cutting measures and delayed the publication of its preliminary results amid the coronavirus pandemic.
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NewsSainsbury’s to extend trading hours at supermarkets and convenience stores
Sainsbury’s chief executive has written to customers saying the grocer will be extending trading hours at supermarkets and convenience stores to reduce queuing inside and outside stores.
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NewsSharpest decline in retail sales on record as store closures bite
The Office for National Statistics (ONS) has recorded the steepest decline in retail sales in March since the tracker was launched in 1996.