Covid-19
This coverage examines the effects of Covid-19 on the UK retail industry, focusing on operational disruption, financial pressures, consumer behaviour shifts, and recovery strategies. Reporting includes lockdown impacts, safety measures, supply chain challenges, online growth, and leadership decisions that shaped responses to the crisis. Designed for executives and managers, it offers lessons and insights for navigating future disruptions.
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Apr- 2020 -14 AprilComment
How cashierless technology can impact loyalty for retailers
“We’re just getting started here”, said Cameron James, VP of Amazon’s physical retail division. “I think what we’re trying to do here — and with all of our physical stores — is really work backwards from the customer and deliver some differentiation.” James was speaking at the opening of Amazon’s…
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9 AprilDepartment Stores
Debenhams enters administration
Embattled department store chain Debenhams has officially entered administration, and has appointed Geoff Rowley and Alastair Massey of FRP Advisory to handle the process. The group said it has entered administration to “protect Debenhams in the UK from the threat of legal action” that could have the effect of pushing…
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9 AprilCoronavirus
AAB calls on government to enhance support for businesses
Accountancy firm Anderson Anderson and Brown (AAB) has called on the UK Government to implement a series of “wide-reaching” measures aimed at helping businesses to survive the disruption caused by the Covid-19 pandemic. Lyn Calder, managing partner and also the firm’s head of deals for the Central Belt in Scotland,…
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9 AprilCoronavirus Featured Content
Coronavirus: furloughed workers and what it means for business
The Coronavirus Job Retention Scheme is designed to help businesses that would otherwise be forced to lay off staff in the face of the unprecedented disruption caused by COVID-19. All businesses with a PAYE scheme in place on 28 February 2020, regardless of size or sector, will be able to…
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9 AprilClothing & Shoes
H&M signs new £859m credit facility to strengthen liquidity amid Covid-19
Swedish clothing retailer H&M has revealed it has signed a new €980m (£859m) revolving credit facility as it looks to strengthen its liquidity amid the coronavirus outbreak. H&M said it is a 12 month deal with a six months extension option and is in addition to the company’s undrawn €700m…
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9 AprilOnline & Digital
Naked Wines forecasts £200m rise in sales amid coronavirus pandemic
Wine specialist Naked Wines has reported “good momentum” in its performance as it forecasts a £200m rise in its full-year revenues amid the coronavirus pandemic. The company, which operates internationally, said it has seen “strong demand” for its products through its online channel and has invested aggressively in new customer…
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8 AprilCoronavirus Featured Content
The North Face donates TV ad space to healthcare services
Outdoor clothing retailer The North Face has revealed it has given its European TV ad space to healthcare and frontline services for the month of April to help them deliver “critical messages” during the coronavirus outbreak. The retailer said the move comes at a time where the world faces an…
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8 AprilCoronavirus
Covid-19: Morrisons partners with Deliveroo
Morrisons has announced it is partnering with Deliveroo to enable customers to order essential household items from Morrisons stores for on-demand delivery. Both Morrisons and Deliveroo will “play their full part in feeding the nation” during the ongoing crisis by making 70 essential Morrisons items available to purchase on the…
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8 AprilDepartment Stores
M&S announces series of initiatives to support NHS staff amid Covid-19
Marks and Spencer has announced a series of initiatives to support NHS staff amid the coronavirus pandemic. M&S has announced it is to donate thousands of specially branded t-shirts to form part of the uniform pack for the NHS Nightingale frontline team in London, as well as deliver clothing care…
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8 AprilCoronavirus
Holland & Barrett staff call for stores to close over safety concerns
Holland and Barrett has said its stores will remain open during the Covid-19 pandemic as the government views it as an essential company, despite pleas from staff to close sites over safety concerns. Staff members have launched a petition calling for stores to be closed in a bid to reduce…
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