Pandemic
This coverage examines the impact of pandemics on the UK retail industry, focusing on operational disruption, financial challenges, consumer behaviour shifts, and recovery strategies. Reporting highlights store closures, safety measures, supply chain pressures, leadership decisions, and lessons learned to enhance resilience. Tailored for executives and managers, it provides insights to navigate crisis situations and strengthen preparedness.
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Mar- 2020 -18 MarchHigh Street
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 pandemic. According to the Guardian, the outdoor clothing and equipment retailer’s CEO and founder, Mark Neale, said the company was in a “battle for survival” after footfall at its stores…
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18 MarchNews
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 pay guarantee for all “sick and affected” colleagues, and more flexibility around shifts and annual leave. It also announced plans to expand its online delivery capability to more than 100…
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17 MarchHigh Street
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 the year, but has delayed the release of its full results due to recent coronavirus measures introduced. In its upcoming interim results, it also expects gross sales to increase 0.5%…
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Feb- 2020 -28 FebruaryAnalysis
Coronavirus sends ripples through markets, governments, companies and the public
Apologies for the repetition, but the new coronavirus is causing such a serious global reaction today it would be silly to focus on other things, so here are four key stories about what looks to be developing into a full blown international crisis. The FTSE 100 has lost nearly £200…
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Jan- 2020 -28 JanuaryAnalysis
Coronavirus dampens markets but boosts mask producers
Some years ago Bill Gates was asked in an interview what future scenario it was that kept him awake at night. To the surprise of the interviewer, he did not say climate change, or financial collapse, or nuclear war. He said he most afraid of the next major pandemic, in…
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