All News articles – Page 384
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NewsArcadia defers pension payments and cancels supplier orders
Topshop parent company Arcadia has launched a series of measures to cut down on costs amid the coronavirus crisis, including deferring payment into its pension scheme.
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NewsM&S launches food boxes for household essentials
Marks & Spencer has launched a new grocery initiative that will allow shoppers to order food boxes online filled with 20 household essentials.
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NewsConsumer confidence takes a hit as coronavirus fears heighten
Consumer confidence dropped by two points this month as the effects of the coronavirus pandemic began to take hold.
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NewsBrighthouse falls into administration following coronavirus store closures
Rent-to-own retailer Brighthouse has tumbled into administration, putting 2,400 jobs at risk.
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NewsHammerson rental income plummets as struggling retailers fail to pay
Institutional landlord Hammerson said it only received about a third of the rent payments it was due for the second quarter of the year last week, as struggling retailers asked for coronavirus-related deferrals.
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NewsOcado struggles to deal with ‘10 times higher than normal’ level of demand
Online grocer Ocado has said it cannot fulfil the “unprecedented demand” for its services as it does not have the capacity to deal with the “10 times higher than normal” level of orders.
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NewsTed Baker names Rachel Osborne as permanent boss
Ted Baker has named Rachel Osborne as its permanent chief executive, four months after taking on the role in an acting capacity.
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NewsMorrisons to give £10m to food banks during coronavirus crisis
Morrisons is to dish out £10m of food to food banks across the UK during the coronavirus crisis by ramping up production from its own manufacturing sites.
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NewsBoots and Amazon support NHS in coronavirus testing drive
Boots and Amazon have joined forces with the government to launch a new coronavirus testing drive for frontline NHS staff.
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NewsRetail industry launches £10m coronavirus appeal
RWRC – the home of Retail Week and World Retail Congress – retailTRUST and the British Retail Consortium have joined forces to raise £10m for retail staff who are facing financial distress as a result of the coronavirus pandemic.
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NewsZalando warehouses to stay open despite fall in consumer demand
Pureplay fashion retailer Zalando says it will keep its warehouses open in a bid to preserve “business continuity” despite saying it had seen a drop in consumer demand for its products due to the coronavirus pandemic.
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NewsH&M threatens to walk away from leases without post-coronavirus sales revival
Swedish fashion giant H&M has threatened landlords with walking away from store leases if they do not see a return in turnovers to pre-coronavirus levels once the pandemic passes.
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NewsMike Ashley ‘deeply apologetic’ over coronavirus stores row
Frasers Group chief executive Mike Ashley has apologised after his Sports Direct business was embroiled in a row about whether stores could open during the coronavirus crisis.
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NewsCoronavirus: Next and TK Maxx halt online orders
Fashion giants Next and TK Maxx have closed their warehouses and stopped taking online orders to protect staff from the coronavirus pandemic.
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NewsRiver Island to shut distribution centre amid coronavirus crackdown
River Island says it will close down its UK warehouse by the end of this week in a bid to “protect the health of our employees”.
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NewsRetailers face ‘ticking time bomb’ on government’s coronavirus loans
Retailers without high credit ratings have warned the government they face “a ticking time bomb” if they are not given access to its coronavirus support loans.
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NewsNet-a-Porter closes UK warehouse and Asos hits back at union health claims
Pureplay luxury fashion brand Net-a-Porter confirmed it will close its UK distribution centre in the next few days, while Asos lashed out at union claims it is ‘playing Russian Roulette’ with warehouse workers’ lives.
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NewsOcado’s first international depot goes live in France
Ocado’s first international customer fulfilment centre (CFC) has today gone live for French supermarket giant Casino.
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NewsSchuh closes online operations to ensure staff ‘safety’ amid coronavirus outbreak
Schuh is temporarily shuttering its online operation alongside store closures “to ensure the safety of our teams and customers”.
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NewsUK government teams up with supermarkets to target vulnerable customers
Supermarkets will be provided access to government databases to help prioritise deliveries to elderly and vulnerable customers.