All Policy & legal articles – Page 61
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NewsCMA holds firm on JD Sports-Footasylum acquisition despite coronavirus crisis
The Competition and Markets Authority (CMA) is set to maintain its stance on JD Sports’ acquisition of Footasylum despite the damaging impact coronavirus has had on the latter’s finances.
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OpinionEva Pascoe: The retail industry needs a post-coronavirus revival plan
The question everyone is asking now, as the country is locked down, is when normality will resume and even to what extent it is possible to bring back ‘retail as usual’.
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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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AnalysisAnalysis: How coronavirus will change retail rents forever
With all non-essential retail stores shut, struggling landlords have found retail occupants unwilling or unable to pay quarterly rents. Will the coronavirus lockdown change retail rents forever?
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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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AnalysisThe Big Question: Should grocers pass up coronavirus rates relief?
Shoppers rushed to food stores to stock up as the coronavirus outbreak took hold, prompting some to call on the grocery giants to forego emergency business rates relief as sales climbed. Retail Week asks industry experts for their views.
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NewsGovernment expands loan scheme as lockdown extended for three weeks
The Treasury has said businesses that turnover more than £500m will now be able to apply for government-backed support as it extended the coronavirus lockdown by at least three weeks.
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OpinionOpinion: Forget dividends and rates – grocers are heroes, not villains
How quickly judgements can be questioned in the court of public opinion.
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NewsGovernment plots fresh overhaul of emergency coronavirus loans
The government is preparing a fresh overhaul of the emergency loan packages on offer for larger businesses battling to survive the coronavirus pandemic.
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NewsGreggs raises £150m through government coronavirus finance scheme
Greggs has accessed £150m in new finances to help see it through the ongoing coronavirus pandemic via the government’s corporate financing scheme.
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NewsCoronavirus: Government urges retailers to continue ‘vital’ trading online
The business secretary wants UK retailers to continue trading online “as a vital lifeline” for the nation during the coronavirus pandemic.
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OpinionOpinion: Relax Sunday trading laws during coronavirus crisis
It is an age-old debate that splits opinion like few others in the world of retail: should Sunday trading laws be relaxed?
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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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OpinionThe Secret Retailer: We are hurtling towards unimaginable social and economic crisis
In the latest in our series of columns from a ‘secret retailer’, one chief executive warns chancellor Rishi Sunak of the stark reality their business faces without access to one of the government’s coronavirus support loans.
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NewsMorrisons not liable for staff data leak, court rules
The UK supreme court has found Morrisons was not to blame for the actions of a former employee who posted the personal details of 100,000 staff members online.
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NewsMajor grocers push government to relax Sunday trading laws
Major UK food retailers are keen to push the government to relax Sunday trading laws as part of their bid to continue feeding the nation during the coronavirus pandemic.
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OpinionRichard Walker: Coronavirus has brought out the best in retail
It feels like we have suddenly stepped into a parallel universe, where none of the normal conventions that have framed our lives apply.
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OpinionOpinion: Retailers may face further pain from force majeure disputes
In little more than a week, the retail landscape in the UK has suffered unprecedented upheaval. When the dust has settled, the fallout from the Covid-19 outbreak may turn out to be one of the most significant economic events for a generation.
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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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OpinionHelen Dickinson: Government must move quickly to save retail jobs
Businesses across the UK welcomed the chancellor’s announcement of a fund to help with employee’s salaries last week. However, BRC chief executive Helen Dickinson says the government must urgently provide more details on how it will work