Coronavirus

Zara closes almost 4,000 stores globally amid coronavirus outbreak

The parent company of Zara has closed almost 4,000 of its stores across the globe amid the recent outbreak of…

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Ocado sales rise as website goes dark

Ocado Retail has announced that revenue grew by 10.3% to £441.2m in the first quarter of the year. Average orders…

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2,000 Mountain Warehouse jobs at risk as coronavirus impacts sales

Mountain Warehouse is considering cutting almost 2,000 jobs following a major slump in sales as a result of the coronavirus…

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Retail welcomes ‘bold move’ from chancellor to support business

The retail industry has welcomed the “bold move” announced by the chancellor yesterday (17 March), which included announcing a 12-month…

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Superdry to miss 2020 targets amid coronavirus outbreak

Embattled clothing retailer Superdry has said it expects its online sales to decline and to miss its 2020 targets amid…

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Morrisons ‘takes action’ amid coronavirus pandemic

Morrisons has announced its steps to take “immediate action” as the coronavirus pandemic unfolds. These include its promise for a…

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Laura Ashley enters administration as coronavirus claims first casualty

Embattled home and fashion retailer Laura Ashley has fallen into administration after it revealed that the coronavirus outbreak has had…

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ScS delays full results amid Covid-19 developments

Furniture retailer ScS has announced that gross profit is expected to increase 0.3% to £71.7m during the first half of…

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Bracing for coronavirus’ impact on supply chain and e-commerce

As the coronavirus continues to spread across continents, new ramifications of the deadly outbreak are being revealed daily.   Supply chain…

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Colliers calls for Rates Deferment Scheme introduction amid COVID-19

Business rates experts at Colliers International have called for the Government to introduce a three-month or even six-month business rates…

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