More on Me + Em – Page 606
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NewsCath Kidston to shut UK stores in pre-pack deal
Fashion retailer Cath Kidston’s 60 UK stores are likely to be closed and the business will focus on trading online and wholesale.
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OpinionEva Pascoe: The retail industry needs a post-coronavirus revival plan
The question everyone is asking now, as the country is locked down, is when normality will resume and even to what extent it is possible to bring back ‘retail as usual’.
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OpinionOpinion: Coronavirus crisis is the time to change supply chain for the better
Ethical Trading Initiative executive director Peter McAllister argues that the coronavirus pandemic shows it is in retailers’ self-interest to ensure high standards throughout their supply chains.
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NewsCoronavirus: B&Q reopens 14 stores on trial basis
After closing down all stores due to the coronavirus pandemic, B&Q has now made the decision to reopen a number of its stores on a trial basis with social distancing measures enforced.
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NewsAlibaba aims to add 1,000 new international brands to Tmall
Alibaba has unveiled plans to ramp up the number of international brands on its Tmall Global marketplace, pledging to add 1,000 over the next 12 months.
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NewsAmazon to launch super-fast grocery delivery service in the UK
Ecommerce giant Amazon is planning to leverage its existing depots in the UK to help launch a super-fast grocery delivery service.
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NewsHalfords transfers 11 Cycle Republic stores to Pure Electric
Halfords has agreed to transfer the ownership of half of Cycle Republic stores to specialist retailer Pure Electric, saving 85 jobs.
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AnalysisData: Grocers remain challenged by high shopper demand for essential products
As the UK enters its fifth week of the coronavirus lockdown, sustained consumer demand for everyday and store-cupboard essentials remains a challenge to the grocers and their suppliers.
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NewsTed Baker launches digital pop-up store with profits to go to charity
Fashion brand Ted Baker has launched a digital pop-up store with 100% of profits going to local community charities still operating during the coronavirus pandemic.
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NewsPrimark bolsters supplier coronavirus support package with £370m commitment
Primark is to pay suppliers for hundreds of millions of pounds’ worth of additional stock to help support them through the coronavirus crisis.
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NewsRetailers and landlords call on government to underwrite retail rents
Retailers and landlords have written to the chancellor pleading for help with rents, saying the future of the high street will be decided in “weeks rather than years”.
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NewsCoronavirus: Asda cancels clothing orders with suppliers
Supermarket chain Asda has become the latest retailer to turn up the pressure by cancelling orders and reneging on full payments to its clothing suppliers.
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NewsDFS in ‘advanced stages’ of financing discussions as it mulls equity raise
DFS has said it is in “advanced stages” of negotiation with lenders over additional financing and is mulling the possibility of an equity raise as it battles to ride out the coronavirus storm.
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NewsUK retail parks weather lockdown better than high streets
Retail footfall across the UK fell to the lowest levels on record in March, although retail parks were better able to weather the storm compared with high streets and shopping centres.
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AnalysisAnalysis: How coronavirus will change retail rents forever
With all non-essential retail stores shut, struggling landlords have found retail occupants unwilling or unable to pay quarterly rents. Will the coronavirus lockdown change retail rents forever?
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NewsRetail Week launches virtual events
Retail Week is launching virtual events to bring the best speakers and networking opportunities straight to your laptop.
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NewsDebenhams strikes deal with landlords to keep most stores open
Debenhams has agreed on terms with landlords that will enable most of its stores to carry on trading following the department store group’s administration last week.
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NewsCMA provisionally clears Amazon and Deliveroo tie-up after investigation
The Competition and Markets Authority (CMA) has provisionally cleared Amazon and Deliveroo’s prospective tie-up, after finding the food delivery app’s financial position has “deteriorated”.
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NewsPrimark donates 74,000 products in NHS Nightingale care pack initiative
Value fashion giant Primark is providing care packs containing 74,000 products to London’s new NHS Nightingale Hospital to help support efforts to beat coronavirus.
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NewsWaitrose trebles rapid delivery and doubles click-and-collect slots
Waitrose is set to treble the number of rapid deliveries available every week and increase click-and-collect slots by 50% as it works to support older and vulnerable customers.