All News articles – Page 385
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NewsDixons Carphone, Quiz and Topps Tiles warn of coronavirus-induced sales falls
Dixons Carphone, Quiz and Topps Tiles have all removed their guidance on profits following the government mandate that they shut all their stores to stem the spread of coronavirus.
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NewsCoronavirus: Intu receives less than a third of quarterly rent payments
Intu has removed its full-year financial guidance and warned that it may break banking covenants after receiving just 29% of its quarterly rent payments from tenants.
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NewsPrimark holds back rent as coronavirus pandemic decimates trading
Fashion giant Primark has withheld its quarterly rent due today and is seeking to revise terms with landlords urgently due to the “unprecedented” circumstances caused by the coronavirus pandemic.
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NewsCoronavirus: DFS chiefs to take pay cut and New Look pauses production to address impact
Furniture retailer DFS and fashion group new Look have revealed a range of initiatives designed to address the impact of store closures and business disruption because of the coronavirus outbreak.
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NewseBay cracks down on ‘price gouging’ profiteers during coronavirus
Online marketplace eBay has restricted sales of a raft of products in an effort to stop profiteering during the coronavirus crisis.
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NewsCoronavirus: Asda and Marks & Spencer introduce more in-store safety measures
Asda and Marks & Spencer have both implemented further in-store initiatives designed to keep staff and shoppers as safe as possible during the coronavirus outbreak.
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NewsHalfords plans for some stores to stay open during coronavirus crisis
Motor accessories specialist Halfords aims to keep some of its retail stores open to play its part in “keeping the UK moving”.
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NewsCoronavirus: Intu to slash service charges for retail occupants
Institutional landlord Intu is set to slash service charges in its shopping centres to help offset costs as a growing number of struggling retailers refuse to pay first quarter rents.
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NewsEve Sleep narrows losses but cautions on coronavirus impact
Eve Sleep has narrowed its full-year losses, but warned that it expects “subdued demand” to persist during the coronavirus outbreak.
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NewsCoronavirus: JD Sports, Dunelm and ScS shut stores amid lockdown
A host of retailers including JD Sports, Dunelm, ScS and Games Workshop have confirmed that their stores will close following prime minister Boris Johnson’s address to the nation last night.
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NewsSports Direct bids to keep stores open during coronavirus crisis
Sports Direct is planning to keep all of its stores open during the coronavirus crisis despite the UK-wide lockdown implemented by the government.
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NewsContactless payment limit increased to help combat coronavirus
The spending limit for contactless payments in store will be increased from next month in a bid to minimise the spread of coronavirus.
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NewsCoronavirus: M&S and Deliveroo team up for grocery delivery service
Marks & Spencer will start selling a range of products on Deliveroo for the first time in a bid to meet demand from shoppers social distancing as a result of coronavirus.
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NewsCoronavirus: Non-essential shops shut as PM orders lockdown
All shops selling non-essential goods have been told to shut as part of strict new measures enforced by the prime minister to combat coronavirus.
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NewsNext and Greggs close all stores to combat coronavirus
Next and Greggs will both close their stores temporarily as two of the high street’s biggest names react to the coronavirus pandemic.
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NewsRetail footfall declines worst on record as ‘true effect’ of coronavirus emerges
Retail footfall across the UK slumped to an all-time low last week as shoppers began to heed government advice to stay indoors, with London being the hardest hit.
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NewsTed Baker sells London HQ, warns of coronavirus sales slump
Ted Baker has sold its London headquarters in a £79m deal and increased its loan facility after warning that coronavirus-related store closures have shuttered the majority of its global store estate.
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NewsCard Factory, Moss Bros and N Brown warn of coronavirus impact
A clutch of retailers including Card Factory, Moss Bros, Watches of Switzerland and N Brown has warned of the impact of coronavirus on sales and profits.
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NewsCoronavirus: H&M lines up supply chain to produce protective medical equipment
Fast-fashion giant H&M has ramped up its supply chain to produce protective personal equipment for frontline medical staff battling the ongoing coronavirus pandemic.
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NewsCoronavirus: Kingfisher UK sales inch up as store closures across Europe bite
Kingfisher sales in the UK inched up last year driven by the strong performance of its Screwfix brand, as the retailer suffered from enforced store closures in France and Spain.