More on Me + Em – Page 596
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NewsCoronavirus to ‘exacerbate’ UK’s £5.2bn returns problem
The coronavirus crisis will “exacerbate” UK retail’s £5.2bn returns problem as more and more people shift their spending online, experts have warned.
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NewsAsda sales jump during lockdown but profits dip
Asda has posted an increase in revenues during the first quarter of parent company Walmart’s financial year, driven by increased grocery sales during the coronavirus crisis.
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AnalysisAnalysis: The steps retailers need to take before reopening stores
Non-essential retailers are gearing up to reopen stores in two weeks’ time. What action should they be taking to make sure staff and customers are safe?
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NewsProperty giants Westfield and Landsec prepare for shopping centre reopenings
Shopping centre owners Westfield and Landsec are drawing up plans to reopen their malls as lockdown measures ease.
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NewsJust Eat slams CMA U-turn on Amazon-Deliveroo deal
Just Eat has hit out at the competition watchdog’s U-turn over etail titan Amazon’s investment in Deliveroo.
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NewsTopps Tiles swings to loss in ‘challenging’ market
Topps Tiles has swung to a loss in the first half of its financial year amid what it called a “challenging trading environment”.
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NewsCoronavirus: French Connection seeks urgent funding in battle for survival
French Connection is in urgent talks with potential funding partners as it battles to stay afloat amid the coronavirus crisis.
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OpinionDispatch: Is Italian retail ready to emerge from lockdown?
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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NewsLess than half of UK consumers comfortable with returning to stores
Fewer than half of UK adults would be comfortable returning to retail environments, even with social distancing measures in place, due to the coronavirus pandemic, exclusive research for Retail Week has found.
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Retail VoiceHow retailers can prepare for the new normal post Covid-19
As government directives are gradually relaxed, essential and non-essential retailers require flexibility to quickly adapt, implement and communicate ongoing safety measures says OKI Europe’s head of vertical solutions, Javier Lopez.
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NewsAldi partners with Deliveroo to launch grocery delivery service
Aldi has joined forces with Deliveroo to pilot a grocery home delivery service in the UK.
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Retail VoiceThe new normal: three ways coronavirus will transform delivery
The coronavirus pandemic has disrupted the retail industry in unprecedented ways and marks the start of a ‘new normal’ in retail.
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NewsIntu seeks debt standstill as it braces to breach covenants
Retail property titan Intu has warned that it is “likely” to breach its covenants next month and is negotiating with lenders to freeze its debts during the coronavirus pandemic.
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NewsRetailers’ fortunes flag on Sunday Times Rich List
A number of retailers have fallen in the rankings in The Sunday Times Rich List 2020 as tough market conditions impact their personal fortunes.
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NewsJC Penney declares bankruptcy amid coronavirus pandemic
The US department store chain JC Penney, which filed for bankruptcy on Friday, is reportedly the largest retail casualty of the pandemic-induced economic downturn so far.
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VideoBe Inspired: Advice from retail execs on managing stress and mental health
To coincide with Mental Health Awareness Week, RWRC spoke with senior retail leaders from Ocado, John Lewis Partnership, Lucky Saint, Pets at Home and Secret Sales to understand how they embrace ‘good stress’ and deal with ‘bad stress’, and the measures they have taken to stay resilient during the coronavirus crisis.
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AnalysisRetailers expect post-pandemic recovery to take up to a year
Retailers expectations about the length of time for recovery following the coronavirus pandemic have lengthened, despite some easing of lockdown measures.
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OpinionOpinion: Next phase of Covid-19 crisis will present even tougher challenges
We are now into week 10 of lockdown and, after the government published its recovery strategy, it’s starting to feel like we’re perhaps coming to the end of the beginning of this crisis.
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NewsLidl launches online collection lockers at UK stores
Discount supermarket chain Lidl has rolled out delivery and collection lockers in stores for the first time to allow customers to “maximise” their shopping trips.
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AnalysisAnalysis: How WHSmith is preparing for travel retail to take off again
The world’s travel plans have gone awry during the coronavirus pandemic, depriving WHSmith of shoppers in its travel stores, but boss Carl Cowling is confident he can pilot the retailer to a safe landing.