All Covid-19 articles – Page 66
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AnalysisData: Grocery promotional activity returns as availabilities stabilise
As the UK enters its seventh week of coronavirus lockdown, some grocers have cautiously introduced price promotions, but multibuys remain a thing of the past amid fears of stockpiling.
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NewsHotel Chocolat opens new credit line as Easter sales hit by lockdown
Hotel Chocolat has opened a new line of credit with its bankers following a subdued Easter sales period due to the coronavirus lockdown measures.
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NewsHomebase reopens store estate as it emerges from lockdown
DIY retailer Homebase is expected to have reopened all of its shops over the weekend, with measures in place to protect shoppers.
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NewsHarrods to offer remote personal shopping in run-up to reopening
Harrods is to offer personal shopping for some of its most valuable customers as a first step towards reopening.
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NewsSports Direct staff claim they were asked to work on furlough
Store managers at tycoon Mike Ashley’s Sports Direct and House of Fraser businesses were asked to work while on furlough, it has been alleged.
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AnalysisWarehouses at war: Has Covid-19 transported industrial relations to the 1970s?
When Britain went into lockdown at the end of March and the shutters were drawn down on almost all shops, many retailers were left reliant on a single trading lifeline – their online operations.
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AnalysisAnalysis: Amazon sales rocket during coronavirus crisis, but at what cost?
Online titan Amazon posted quarterly figures that showed both the agility of its response to demand during the coronavirus pandemic and the massive cost – in dollars and perhaps reputation – that accompanied that.
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AnalysisLockdown boom: Five retailers given a boost by housebound shoppers
Although coronavirus is hitting most non-food retailers hard, some businesses have been given a boost by the lockdown. Retail Week looks at some of those winning right now.
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NewsCoronavirus: Greggs postpones reopening plans amid crowd fears
Greggs has postponed plans to reopen some of its stores next week amid fears that it could spark crowds at the chain’s outlets.
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NewsAmazon first-quarter profits dip as it warns of $4bn coronavirus costs
Amazon has reported in a decline in first-quarter profits and warned that earnings in its second quarter will be completely wiped out by costs related to coronavirus.
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OpinionAjaz Ahmed: There are no queues on Google – why are there on retail websites?
Your office is now empty and meetings are being held using video conferencing tools like Zoom, Microsoft Teams or Google Hangouts.
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NewsCoronavirus to wipe £1.7trn off global retail sales
The coronavirus crisis will wipe $2.1trn (£1.7trn) off of global retail sales in 2020, new data has predicted.
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NewsSainsbury’s boss Coupe takes parting shot at Amazon on business rates
Sainsbury’s boss Mike Coupe has defended the grocer’s decision to accept business rates relief from the government – and said it will still face a higher bill than Amazon this year.
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AnalysisAnalysis: Will Dixons Carphone’s ShopLive be retail’s answer to Zoom?
As people spend more time at home during the coronavirus lockdown, digital technology has taken on a central role in life, whether video conferencing with colleagues or shopping online.
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NewsTK Maxx restarts online trading with ‘significant’ safety measures
Discount variety retailer TK Maxx has relaunched its online business more than two weeks after it stopped taking orders having made “significant changes” to operate safely.
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NewsWilko profits and sales fall in ‘incredibly difficult’ year
Wilko has reported a slide in full-year pre-tax profits and a fall in sales, which it attributed to the “challenging” UK retail environment, Retail Week can reveal.
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NewsJohn Lewis considers permanently closing some stores after lockdown
The chair of John Lewis has admitted the retailer may permanently close some of its department stores, even after the coronavirus lockdown ends.
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NewsSainsbury’s full-year profits dip, coronavirus prompts grocery sales surge
Sainsbury’s has reported a decline in underlying full-year profits as it plans to incur £500m in additional costs due to coronavirus in the coming financial year.
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AnalysisDispatch: Russia’s Wildberries on the coronavirus online shopping boom
As coronavirus takes its toll on economies and businesses across the globe, Retail Week brings you regular dispatches from international retailers and experts, who provide their insights into how they are coping with the pandemic.
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AnalysisCoronavirus: Next’s Lord Wolfson on cash, customers and trading safely
As fashion bellwether Next reports a “faster and steeper” fall in sales in the wake of the coronavirus outbreak than expected, how is the retailer adapting to tough conditions afflicting the whole industry?