All Retail Week articles in 5-11 December 2020 – Page 2
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AnalysisHow can retailers mitigate the £5bn returns headache?
RWRC’s Supply Chain 2021 report looks at how the coronavirus crisis has exacerbated returns rates and why it is imperative retailers act now to protect their bottom line
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Analysis
Analysis: Who will be retail’s winners and losers this Christmas?
It’s been a highly unusual year for retail, which has not been without its casualties. As ‘non-essential’ stores emerge from the second lockdown and shoppers swap Christmas parties for working from home and smaller gatherings, which retailers are set to reap the benefits of an unorthodox festive season?
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NewsCompetition watchdog to investigate Issa brothers’ Asda acquisition
The competition watchdog has launched a probe into the Issa brothers’ £6.8bn takeover of Asda.
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NewsPrimark’s Paul Marchant: Anyone who thinks shopping in person is over is naïve
Primark boss Paul Marchant has launched a passionate defence of physical retail and called for more investment to be ploughed into Britain’s high streets in the wake of the coronavirus crisis.
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NewsTesco gets green light to complete sale of Asia business
Tesco is poised to complete the £8bn sale of its Thai and Malaysian business after buyer CP Retail Development Company rubber-stamped the deal.
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NewsGovernment extends commercial evictions ban until April
The government is extending the moratorium on commercial tenant evictions until March 31, 2021.
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NewsBrexit: Supermarkets given grace period on Northern Ireland supply checks
UK supermarkets will be allowed to continue supplying Northern Ireland stores without checks at the border, deal or no deal, from January 1.
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AnalysisRetail Horizon: What a post-pandemic consumer outlook means for retail
Inclusion, conscious consumption, community and togetherness will light the way as we return to a more normal lifestyle.
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VideoWatch: Retailers must take responsible approach to consumer finance boom, experts warn
Consumer demand for finance options has remained consistently high this year, but retailers must assess customers’ ability to afford these options, experts have warned.
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AnalysisThree trends on how, what and where consumers will shop this Christmas
Christmas trading is different this year and there are some big new trends in how, what and where shoppers are purchasing their festive gifts.
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NewsFrasers Group interim profits rise spurred by rates relief and online sales
Frasers Group reported a strong uplift in profits at the interim mark despite what chair David Daly describes as a “lack of clarity of guidance” from the government during the pandemic so far.
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NewsOcado ups profit guidance as fourth quarter sales surge
Ocado has said it now expects its full-year EBITDA to surpass £70m following a quarter of “exceptional demand” and strong sales growth.
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NewsTesco chair Allan warns of higher food prices in no-deal Brexit
Tesco chair John Allan has said the grocer is pre-emptively stockpiling in case of a no-deal Brexit, which would trigger price rises and limited availability on some fresh food products.
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NewsTesco and Morrisons to open stores with reduced hours on Boxing Day
Tesco and Morrisons will open their stores with reduced hours on Boxing Day to allow staff to spend more time with their families over the festive period.
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NewsMcColl’s to hang on to rates rebate as Covid costs outweigh savings
C-store retailer McColl’s is set to keep the business rates rebate it was given by the government in March as its chief executive says Covid-related costs have since outstripped the money saved.
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AnalysisTech 100 trends: Marketplaces, delivery innovation and pandemic power players
Following the publication of the annual Tech 100 index, Retail Week explores key trends shared by the global leaders transforming digital commerce.
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Opinion‘This rapid change is not destroying retail but reshaping it’
At a time of mass redundancies on the high street it is only right to be sanguine about the prospects for the job market in 2021.
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Retail VoiceThe impact of the pandemic on jobs, stores and leases
The Covid-19 pandemic has been a real test of agility for retailers. The need to act quickly and make radical and difficult decisions has put a strain on many aspects of the industry.
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NewsRetailers warn of £3bn tariff hit if no deal on Brexit
Grocers and their customers face a £3.1bn tariff impact that could force up the price of food and drink, unless a Brexit deal is struck soon.
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NewsTopshop administrators seek up to £200m for flagship Arcadia brand
Topshop’s administrators hope for offers of up to £200m for the business, the jewel in the crown of Sir Philip Green’s Arcadia fashion empire.
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