All News articles – Page 378
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NewsCoronavirus: Consumer confidence stabilises after early-April crash
Consumer confidence has stabilised after crashing at the start of the coronavirus crisis, although experts have refused to rule out a further slump to record lows.
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NewsCo-op warns of £200m coronavirus costs as profits rise
The Co-op has warned that it faces additional costs of more than £200m associated with the coronavirus crisis as it ramps up efforts to “feed the nation”.
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NewsUnilever boss: Coronavirus to spark ‘inflection point’ for ecommerce
The boss of consumer goods giant Unilever has warned that the coronavirus crisis will spark an “inflection point” for online food shopping.
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NewsMike Ashley’s Frasers Group settles €674m Belgian tax dispute
Mike Ashley’s Frasers Group has settled its long-running €674m (£588m) tax dispute with Belgian authorities.
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NewsAmazon donates £250,000 to help bookstores through coronavirus
Amazon has donated £250,000 to a fund set up to help its physical bookshop rivals that have been hammered by coronavirus.
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NewsMarks & Spencer acts to support clothing suppliers during pandemic
Marks & Spencer has implemented a raft of measures to help suppliers ride out disruption during the coronavirus outbreak.
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NewsCoronavirus testing expanded to all essential workers and families
All essential workers, including supermarket staff, will be able to book a coronavirus test for themselves online as the government looks to meet its testing target.
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NewsGovernment bans ‘aggressive rent collection’ to safeguard high street stores
The government has placed a temporary ban on landlords issuing statutory demands and winding up orders over unpaid rent to protect high street businesses under strain from coronavirus.
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NewsHammerson’s £400m retail park deal in doubt as buyer tries to pull out
Institutional landlord Hammerson has said the previously agreed £400m sale of its retail park portfolio is hanging by a thread, as the prospective buyer is looking to pull out of the deal.
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NewsMorrisons offers suppliers discount as thank you for ‘feeding the nation’
Supermarket chain Morrisons has announced it will be giving its farmers a discount on grocery purchases as a thank you gesture for their help “feeding the nation”.
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NewseBay teams up with NHS to bolster healthcare staff access to PPE
eBay has been drafted in by the NHS to build a dedicated portal on its website from which healthcare workers across the UK can order personal protective equipment (PPE).
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NewsDFS raises £64m in new equity, braces for lockdown to last until December
DFS has raised £64m in its equity fundraising round, which the furniture retailer said will give the business headroom should the lockdown last “to December 2020”.
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NewsAbuse and assaults against shopworkers rise during Covid-19 crisis
Instances of abuse, threats and even assaults on shopworkers have all risen since the coronavirus crisis began, new research has found.
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NewsBoots recruits new drivers as demand for delivery soars
Boots has recruited new delivery drivers to meet an increase in demand for prescription medicine deliveries as a result of the coronavirus.
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NewsPrimark endorses UN call for fashion supply chain worker support
Primark has lent it support the UN’s call for fashion industry stakeholders to help garment industry workers impacted by the coronavirus pandemic.
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NewsCMA holds firm on JD Sports-Footasylum acquisition despite coronavirus crisis
The Competition and Markets Authority (CMA) is set to maintain its stance on JD Sports’ acquisition of Footasylum despite the damaging impact coronavirus has had on the latter’s finances.
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NewsLaura Ashley brand rescued by Gordon Brothers
Restructuring and investment firm Gordon Brothers has bought the Laura Ashley brand and its intellectual property from administrators PwC.
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NewsTed Baker snaps up former Next chair John Barton
Ted Baker has appointed easyJet chair John Barton as its new chair, with the experienced executive set to join the struggling fashion retailer’s non-executive board in July.
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NewsMoss Bros buyer attempts to retract offer amid coronavirus disruption
Crew Clothing owner Brigadier Acquisition Company is aiming to have its offer the acquire Moss Bros in a £22.6m deal lapse.
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NewsBoohoo full-year sales and profits soar in ‘great’ year
Boohoo has reported a strong rise in its preliminary sales and profits as boss John Lyttle said the coronavirus pandemic had highlighted the “key strengths” of the business.