All Coronavirus articles
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NewsMcColl’s slips to half year loss as sales edge down
McColl’s profits and sales dipped slightly at the interim mark, although like-for-like sales during lockdown grew due to the “extradordinary changes” in customer behaviour driven by the pandemic.
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News
Hammerson seeks to raise £825m as rental income plummets
Hammerson plans to raise £552m through fundraising and sell off £274m of assets, to counteract “the extraordinary disruption caused by Covid-19 on the retail property sector”.
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News
Joules swings to a loss as coronavirus hammers sales
Joules plunged to a loss before tax in its full year results, as chief executive Nick Jones cites ”challenging trading conditions” amid the coronavirus pandemic.
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News
M&Co restructuring saves 2,200 jobs and 218 stores
Fashion retailer M Co has completed a pre-pack administration deal, which saw it bought back by its Scottish owners the McGeoch family.
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News
WHSmith restructuring plans put 1,500 jobs at risk as sales plummet
WHSmith is in consultation with staff over restructuring that could lead to as many as 1,500 redundancies across the entire business.
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News
Segro profits surge due to coronavirus ‘accelerating adoption’ of ecommerce
Warehousing group Segro reported a surge in pre-tax profits for the first half of the year, driven by the effects of the coronavirus pushing more consumers to ecommerce.
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Opinion
Thierry Garnier: ‘In a crisis, speed, agility and empowerment beat perfection’
B Q owner Kingfisher’s chief executive Thierry Garnier on how the home and DIY retail giant responded to the Covid-19 pandemic, and why ‘done is better than perfect’
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News
Amazon eyes further Go sites on Regent Street and suburban London
Amazon is in discussion with landlords about taking further Go sites on Regent’s Street and in more suburban areas in south west London.
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News
River Island mulls CVA as coronavirus hammers sales
River Island is the latest fashion retailer to consider undertaking a company voluntary arrangement or other form of administration due to the effects of the coronavirus on sales and store footfall.
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News
M&Co to close 50 stores in pre-pack administration deal
M Co is reportedly nearing a pre-pack administration deal which would see the chain sold back to its original owners.
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Analysis
Data: Week seven of trading post-lockdown – the data you need to know
Footfall across all shopping destinations in the UK inched up marginally last week due to a combination of mandatory face masks in stores and the unpredictable weather conditions.
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News
DW Sports blames coronavirus closures for collapse into administration
Sportswear retailer and gym operator DW Sports has collapsed into administration putting some 1,700 jobs at risk across its estate.
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Analysis
Back to HQ: Tesco, Primark, John Lewis and more unveil plans to reopen offices
With the majority of retail stores reopened to the public as lockdown restrictions ease in the UK and employers allowed to tell staff to come back to the office, Retail Week finds out what retailers’ plans are for returning colleagues to HQ
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News
Apple tells landlords to slash store rents
Apple is seeking steep cuts to the rents its pays in its UK store estate.
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Data
Coronavirus Consumer Pulse: Online traffic rebounds after face mask rule
Amid the coronavirus crisis, it has arguably never been more important, nor more difficult, for retailers to understand their customers.
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News
Hobbycraft full-year profits jump driven by online sales rise
Hobbycraft recorded an adjusted EBITDA of 21.9% from £12.2m to £14.8m in the full year to February 16.
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Analysis
Marketplace melee: Amazon vs eBay vs Shopify – who won in the pandemic?
Retail Week examines the three big marketplaces’ second-quarter results to understand who traded best over the tumultuous coronavirus lockdown period.
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News
Pets at Home boss Pritchard: Pets ‘playing bigger part’ in life after lockdown
The lockdown lifestyle of working from home has seen the UK demand for pet ownership jump – a trend that Pets at Home chief executive Peter Pritchard plans to capitalise on.
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Photo gallery
Store gallery: Inside Nike’s first European House of Innovation
Nike has unveiled its third House of Innovation store and the first in Europe, on Paris’ iconic Champs-Élysées. Retail Week spoke to Nike’s Cathy Sparks about the opening.
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News
Primark commits to payment for outstanding orders
Primark has announced that it will pay its suppliers in full for any outstanding finished garments and fabric costs incurred since its stores closed in March.
