All Retail Week articles in 14-20 March 2020 – Page 3
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OpinionCoronavirus: Cash, agility and customer focus will mark retail’s winners
The likely collapse into administration of Laura Ashley is not solely the result of coronavirus. The pandemic was sadly the last nail in the coffin of a retailer that has struggled to appeal to shoppers for some time.
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NewsCoronavirus: Ocado temporarily shuts website due to ‘staggering’ demand
Ecommerce grocer Ocado has been forced to temporarily close access to its website and stopped accepting new deliveries as it struggles to deal with “staggering” levels of demand.
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NewsCoronavirus: M&S launches contact-free delivery and ups UK food production
Marks & Spencer has launched contact-free delivery for customers as one of a number of responses to the coronavirus pandemic.
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NewsCoronavirus: Asda stores to host elderly hour this Friday
Asda will only open its stores to elderly and vulnerable shoppers before 9am tomorrow to give them easier access to products during the coronavirus pandemic.
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NewsNext profits rise as it braces for £1bn coronavirus hit
Next has posted an increase in full-year profits but warned that the coronavirus pandemic will spark a “significant downturn in sales”.
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NewsOcado posts sales rise but warns of coronavirus ‘disruptions’
Ocado Retail has posted a rise in sales during its first quarter but warned that the coronavirus pandemic could cause “further disruptions” to the business.
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NewsBurberry store sales decimated by coronavirus
Burberry has suffered an eye-watering slump in sales after admitting the negative impact on demand sparked by coronavirus has “intensified” over the past month.
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NewsJoules scales back investment as coronavirus plays havoc with guidance
Joules has not given investors any financial guidance for the year ahead due to the “ongoing uncertainty” over coronavirus, which has hit footfall and sales over the last few weeks.
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NewsCoronavirus: John Lewis Partnership launches £1m community support fund
John Lewis Partnership has launched a £1m community support fund to be distributed across the country “at this time of national crisis”.
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NewsCoronavirus: Ocado alters website algorithm to make deliveries ‘fairer’
Ocado says it closed its website yesterday for the first time ever so it could begin making changes to its algorithm to make deliveries “fairer” for would-be customers.
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NewsCoronavirus: Clarks to temporarily close all UK stores
Footwear specialist Clarks has announced a temporary closure of all of its UK and Ireland stores in the wake of the coronavirus pandemic.
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NewsCoronavirus: TK Maxx to shutter UK store estate amid outbreak
TK Maxx will shutter its UK store estate as of tomorrow until further notice amid the coronavirus pandemic, Retail Week understands.
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NewsCoronavirus: Ikea to close all UK stores tomorrow as ‘precautionary measure’
Homewares giant Ikea has announced it will close all its UK stores tomorrow as a “precautionary measure against the ongoing risk” posed to staff and customers by the coronavirus.
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NewsCoronavirus: M&S extends rationing across grocery ranges
Marks & Spencer has extended its temporary purchase restrictions of two items per person across a raft of products including grocery, homecare, frozen food and eggs.
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AnalysisAnalysis: How coronavirus will change how we shop, live and work
It was on New Year’s Eve 2019 that the World Health Organisation’s China office first heard reports of a new virus sparking a rise in cases of pneumonia in the city of Wuhan.
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NewsCo-op to hire 5,000 new store staff to meet coronavirus demand
The Co-op has unveiled plans for a recruitment drive in a bid to offer employment for laid off hospitality workers and drive quicker store replenishment and online order fulfilment.
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NewsRetail footfall plummets amid coronavirus crisis
Retail footfall has plummeted so far this week as shoppers increasingly stay at home amid the coronavirus crisis.
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NewsCoronavirus: Next’s Wolfson urges government to act to support jobs
Next chief executive Lord Wolfson has called on the government to introduce income support measures as employment is threatened by the coronavirus outbreak.
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NewsCoronavirus: Government relaxes competition laws for supermarkets
The government has temporarily relaxed elements of competition law to allow UK supermarkets to work more closely together to feed the nation in the face of the coronavirus crisis.
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OpinionOpinion: What past battles tell us about keeping retailers in business
Even before this week’s more draconian ‘social distancing’ guidance from the government, retailers were in uncharted territory.
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