All News articles – Page 389
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NewsCoronavirus: Morrisons to immediately pay farmers to help with virus
Morrisons has vowed to make immediate payments to smaller suppliers in a bid to help them get through any disruption caused by the coronavirus outbreak.
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NewsCoronavirus: Amazon tells staff worldwide to work from home
Amazon has told its staff globally to work from home for the rest of this month if they can in response to the coronavirus pandemic.
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NewsAmazon signs up first retail customer for Just Walk Out technology
An airport retail specialist has become the first retailer to subscribe to Amazon’s cashier-less store technology, which the etail giant has begun offering to other businesses.
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NewsDeliveroo to offer contactless delivery in response to coronavirus
Food delivery specialist Deliveroo is to enable contactless delivery to customers in reaction to the coronavirus outbreak.
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NewsRetail Week Awards 2020: The winners
Tesco boss Dave Lewis and Ocado chief executive Tim Steiner were among the winners of the Retail Week Awards 2020 sponsored by Salesforce.
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NewsPoundland parent delays flotation amid coronavirus volatility
Stock market volatility triggered by coronavirus fears and the unrelated illness of boss Andy Bond has prompted Poundland owner Steinhoff to hold off on floating the value retailer.
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NewsIntu on the brink after reporting £2bn valuation loss
Shopping centre giant Intu has reported a £2bn loss for its last financial year and warned it is at risk of going under if it cannot raise more funds.
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NewsMorrisons slashes prices on 500 grocery products
Morrisons has slashed the prices of hundreds of staple grocery items as it fights back against its big four and discount rivals.
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NewsMoss Bros to be bought by Crew Clothing owner Michael Shina
Moss Bros is set for a return to private ownership after agreeing terms on a cash bid from the owners of Crew Clothing.
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NewsAdidas and Puma profits battered by coronavirus
Sportswear giants Adidas and Puma have suffered a drop in sales in China as a result of coronavirus and warned the disruption would impact other markets.
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NewsWHSmith warns on profit as coronavirus hits travel business
WHSmith has slashed its full-year profit forecast as the coronavirus pandemic takes it toll on its travel division.
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NewsDebenhams boss to step down amid hunt for successor
The boss of Debenhams, Stefaan Vansteenkiste, is to step down from the business after less than a year at the helm.
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NewsBudget: ‘Fundamental’ review of business rates to be completed by autumn
New chancellor Rishi Sunak has confirmed the government’s “fundamental review” of business rates will be completed in time for the autumn statement.
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NewsTesco loses Jack’s MD Lawrence Harvey to Barclays
The boss of Tesco’s Jack’s discount chain is leaving the business to join Barclays.
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NewsAmazon to open first UK cashierless store in west London
Amazon has chosen a site in west London for its first UK cashierless supermarket as it looks to ramp up competition with traditional grocers.
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NewsInterest rates slashed in emergency move ahead of budget
The Bank of England has this morning announced an emergency cut in interest rates in a bid to shore up the faltering economy hit by the gathering coronavirus outbreak.
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NewsCoronavirus: Justin King warns of supermarket labour shortages
Former Sainsbury’s chief executive Justin King has warned supermarkets to prepare for potential shortages in their workforce should the coronavirus outbreak get worse.
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NewsB&M completes sale of German business
Value retailer B&M has completed the sale of its German business Jawoll, five months after opening a strategic review into its performance.
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NewsIkea launches Tmall trial in bid to woo Chinese consumer
Ikea has announced plans to start selling on a third-party marketplace for the first time through Chinese platform Tmall.
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NewsFrench Connection swings to loss as UK woes continue
French Connection has swung to a loss after a worse-than-expected year and says the chances of trading improving in the UK in the foreseeable future are unlikely.