All News articles – Page 379
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NewsCoronavirus: NGOs call for ‘urgent action’ to protect textile workers
Non-governmental organisations from around the world have called on international governments and fashion brands to do more to protect textile workers struggling with unsafe working conditions or lost jobs due to coronavirus.
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NewsIkea acquires AR start-up to supercharge lockdown shopping experience
Ikea has acquired augmented reality (AR) start-up Geomagical Labs in a bid to drive shoppers to purchase more big-ticket items without needing to visit a store.
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NewsCoronavirus: John Lewis Partnership braces for full-year sales slump
The John Lewis Partnership has forecast that its full-year sales decline could double at John Lewis and slide at Waitrose despite the current coronavirus-induced surge in grocery sales.
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NewsJoules accesses extra financing as online sales outperform
Apparel retailer Joules has successfully struck new financing arrangements and reported better than expected online sales.
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NewsPrimark warns of challenging store reopening process post-coronavirus
Value fashion giant Primark has signalled that reopening stores after the coronavirus pandemic is likely to be a “complex” process to ensure the health and safety of staff and shoppers.
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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NewsCoronavirus: B&Q reopens 14 stores on trial basis
After closing down all stores due to the coronavirus pandemic, B&Q has now made the decision to reopen a number of its stores on a trial basis with social distancing measures enforced.
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NewsAlibaba aims to add 1,000 new international brands to Tmall
Alibaba has unveiled plans to ramp up the number of international brands on its Tmall Global marketplace, pledging to add 1,000 over the next 12 months.
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NewsAmazon to launch super-fast grocery delivery service in the UK
Ecommerce giant Amazon is planning to leverage its existing depots in the UK to help launch a super-fast grocery delivery service.
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NewsHalfords transfers 11 Cycle Republic stores to Pure Electric
Halfords has agreed to transfer the ownership of half of Cycle Republic stores to specialist retailer Pure Electric, saving 85 jobs.
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NewsTed Baker launches digital pop-up store with profits to go to charity
Fashion brand Ted Baker has launched a digital pop-up store with 100% of profits going to local community charities still operating during the coronavirus pandemic.
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NewsPrimark bolsters supplier coronavirus support package with £370m commitment
Primark is to pay suppliers for hundreds of millions of pounds’ worth of additional stock to help support them through the coronavirus crisis.
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsCoronavirus: Asda cancels clothing orders with suppliers
Supermarket chain Asda has become the latest retailer to turn up the pressure by cancelling orders and reneging on full payments to its clothing suppliers.
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NewsDFS in ‘advanced stages’ of financing discussions as it mulls equity raise
DFS has said it is in “advanced stages” of negotiation with lenders over additional financing and is mulling the possibility of an equity raise as it battles to ride out the coronavirus storm.
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NewsUK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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NewsRetail Week launches virtual events
Retail Week is launching virtual events to bring the best speakers and networking opportunities straight to your laptop.
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NewsDebenhams strikes deal with landlords to keep most stores open
Debenhams has agreed on terms with landlords that will enable most of its stores to carry on trading following the department store group’s administration last week.
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NewsCMA provisionally clears Amazon and Deliveroo tie-up after investigation
The Competition and Markets Authority (CMA) has provisionally cleared Amazon and Deliveroo’s prospective tie-up, after finding the food delivery app’s financial position has “deteriorated”.
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NewsPrimark donates 74,000 products in NHS Nightingale care pack initiative
Value fashion giant Primark is providing care packs containing 74,000 products to London’s new NHS Nightingale Hospital to help support efforts to beat coronavirus.