All Retail Week articles in 15-21 August 2020 – Page 2
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NewsGrocery sales lowest since pre-lockdown as market begins to return to normality
Sales of take-home groceries have fallen to their lowest levels since before the coronavirus plunged the UK into lockdown, according to the latest market share data.
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NewsAsda eyes ecommerce expansion as online sales double
Asda has said it plans to expand its online delivery capacity to 1 million slots a week by next year after seeing online sales double in its second quarter.
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AnalysisMarks & Spencer job cuts – harsh medicine, but necessary
Marks & Spencer’s biggest round of job cuts ever has sent shockwaves through retail. Around 7,000 roles will be axed – and that is on top of 950 redundancies revealed just a month ago.
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GalleryIn pictures: Selfridges’ sustainability push featuring innovative brands
On Monday, Selfridges launched its Project Earth campaign, which aims to change the way its customers shop by 2025.
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OpinionAldi CEO Giles Hurley: ‘Families need grocers’ help more than ever this summer’
Before Covid-19, an estimated 3 million children in the UK were at risk of going hungry over the summer holidays. It is a particularly trying time for many parents who must stretch budgets to cover extra childcare costs and provide meals usually taken care of at school.
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NewsFenwick full-year losses widen as pre-pandemic sales slide
Fenwick has suffered widening losses and falling sales in a what is described as an “extremely challenging” year, Retail Week can reveal.
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DataData: The retail sectors capturing footfall since stores reopened
Footfall is slowly returning to retail destinations following the peak of the coronavirus pandemic, but which sectors are capitalising on that traffic and enticing customers into their stores? Springboard data shared exclusively with Retail Week reveals the sectors that are emerging as the winners and losers.
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AnalysisData: Waitrose customers flock to online grocery during lockdown
As more and more customers turned to online shopping, Waitrose and Partners’ latest Food and Drink Report highlights that Britons made more use of fast delivery services in lockdown, with heightened demand for Fairtrade or organic products and wine.
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Opinion‘UK retailers should look to China to support their Covid-19 recovery’
The Covid-19 crisis has had a global impact on consumer spending, shifting short-term purchase patterns and bringing long-term changes to the way we work, socialise and shop.
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AnalysisThe economics of ecommerce: Counting the costs of trading online
As countries went into lockdown when the Covid-19 pandemic hit, ecommerce was the sole channel still open to retailers of products deemed non-essential.
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NewsHotel Chocolat launches ‘drive-to’ outlet store
Hotel Chocolat has launched its first “drive-to” outlet store as part of its efforts to cut food waste and capitalise on changing consumer habits.
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NewsFrasers Group blames profit slump on Brexit and coronavirus
Mike Ashley’s Frasers Group reported a slump in profits that it blamed on a prolonged period of Brexit uncertainty followed immediately by the coronavirus crisis.
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NewsAO.com reports ‘strong’ sales growth ahead of AGM
Pureplay electronics retailers AO.com has reported “strong year-on-year revenue growth” in the UK and Germany ahead of its annual general meeting today.
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AnalysisAnalysis: Can Walmart and Kroger really beat Amazon at its own game?
Kroger has followed US grocery rival Walmart by launching its own marketplace. Retail Week analyses whether the two grocery giants really have what it takes to challenge Amazon.
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Opinion‘What does the government’s Plan for Jobs mean for retail?’
In more ways than one, retail has been on the front line of the Covid-19 crisis. It has been among a handful of sectors that have led efforts to keep the country running, ensuring stores and supply chains of essential goods have remained open.
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NewsAO boss Roberts urges more retailers to launch company-wide bonus plans
AO.com boss John Roberts has urged more listed retailers to launch company-wide incentive plans for staff after its new scheme was unanimously approved by shareholders.
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AnalysisStoreworker 2.0: the new responsibilities for frontline staff
The role of store staff is changing. Covid, new shopping habits and fewer in-store roles have created a wealth of extra responsibilities for shopworkers. Retail Week looks into the skills needed for Storeworker 2.0.
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NewsAlibaba profits surge as customer numbers jump during lockdown
Alibaba has smashed quarterly profit predictions as online sales surged during lockdown and demand for its cloud computing services soared.
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NewsEstée Lauder to axe 2,000 jobs as coronavirus hammers profits
Cosmetics giant Estée Lauder is cutting 2,000 jobs across the globe amid plans to close stores and department store beauty counters in the wake of the coronavirus crisis.
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NewsUK retail sales rise above pre-lockdown levels as shoppers return to stores
UK retail sales for the month of July were the highest they have been since before the pandemic struck but the outlook remains grim for many categories.
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