All News articles – Page 382
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NewsSchuh resumes online trading with ‘exhaustive welfare measures’ in place
Footwear specialist Schuh has resumed trading online after putting in place “exhaustive welfare measures” to protect staff from coronavirus.
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NewsClarks to permanently close some UK stores as it mulls new financing options
Struggling footwear specialist Clarks has drawn up plans to permanently close some of its stores after drafting in bankers to review its finances.
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NewsMcColl’s strikes partnership with Deliveroo to support vulnerable customers
Convenience store chain McColl’s has teamed up with Deliveroo to offer home delivery of its goods to give vulnerable customers access to daily essentials.
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NewsDebenhams intends to appoint administrators
Debenhams has filed a notice of intention to appoint administrators in a bid to protect the business from liquidation.
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NewsTesco joins business alliance to feed NHS staff as they fight coronavirus
Tesco has joined an alliance of businesses, including fulfilment specialist Yodel, to deliver meals to NHS staff on the front line of battling coronavirus.
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NewsCoronavirus: Arcadia store closures loom as Cath Kidston and Debenhams teeter on brink
Topshop owner Arcadia is likely to close many more shops as it reels under the blow of the coronavirus pandemic.
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NewsWHSmith launches equity fundraising to beat coronavirus downturn
WHSmith plans to raise cash through an equity issue as it battles the business impact of the coronavirus outbreak.
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NewsConsumer confidence drastically decreased due to coronavirus
New research for the middle of March shows a drastic drop in consumer confidence due to the coronavirus pandemic.
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NewsPrimark to cover factory wages after coronavirus order cancellations
Primark has created a fund to cover wages of factory workers in countries such as Bangladesh and Sri Lanka where the value fashion giant has cancelled orders as coronavirus led to the closure of stores.
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NewsDebenhams puts administrators on standby amid coronavirus disruption
Debenhams stakeholders are understood to be preparing to place the department store chain into administration as soon as next week.
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NewsGovernment revamps emergency business loan scheme after criticism
The government has revamped its emergency loan scheme by extending provisions for larger companies and imposing new rules on lenders to make loans easier to access for smaller businesses.
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NewsAsda and M&S launch contactless volunteer shopping cards
Asda and Marks & Spencer have launched pre-paid cards to help older, vulnerable and self-isolating customers have their shopping picked up by volunteers.
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NewsWalmart pauses Asda sale during coronavirus crisis
Walmart has shelved efforts to sell a majority stake in Asda so it can focus on running the business during the coronavirus pandemic.
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NewsCoronavirus: Primark execs take pay cuts as Joules raises £15m
Executives at Primark and its parent company Associated British Foods (ABF) have slashed their pay in half amid the ongoing coronavirus crisis.
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NewsCoronavirus: Sainsbury’s pilots deliveries from ‘dark’ c-stores
Sainsbury’s is testing home deliveries through its rapid Chop Chop service from ‘dark’ convenience stores.
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NewsPets at Home pledges support to CaRe20 campaign
Pets at Home has backed the CaRe20 fundraising initiative, donating £100,000 to the cause.
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NewsArcadia furloughs staff as senior team take pay cuts
Arcadia has said it will furlough “a substantial number” of staff, and its board and senior leadership team will take salary reductions as it battles to deal with the fallout from the ongoing coronavirus crisis.
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NewsBoots profits slide as owner Walgreens cautions on coronavirus impact
Boots has suffered a slump in profit during the first half of its financial year, following a fall in sales and increased technology investments.
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NewsKingfisher donates £1m of protective medical equipment to health services
B&Q owner Kingfisher is set to divert all of its remaining stock of personal protective equipment (PPE) to frontline healthcare workers across Europe.
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NewsCoronavirus: Morrisons to give frontline staff bonus increase
Morrisons will give frontline staff a bonus three times larger than normal for continuing to work during the coronavirus crisis.