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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Jun- 2022 -21 JunePeople Moves
Bensons for Beds appoints new CEO
Bensons for Beds has announced that its current chief commercial and digital officer, Nick Collard, will take over as CEO with immediate effect to “lead the company as it prepares for further growth”. Collard joined the company in July 2021 after holding board roles at Holland & Barrett International, DFS…
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20 JuneHealth & Beauty
Deliveroo and LloydsPharmacy add 110 stores to UK roll-out
LloydsPharmacy and Deliveroo announced that rapid deliveries of pharmacy essentials including cold and flu relief, painkillers and pregnancy tests will be available from a further 110 LloydsPharmacy stores over the coming months. LloydsPharmacy first partnered with Deliveroo in 2020, helping to bring medical essentials to households in as little as…
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20 JuneOnline & Digital
Mattress Online recognised as fast growing firm in tech awards
Mattress Online, a leading UK online retailer of mattresses and beds, recently received two Northern Tech Awards, placing at 19th in the ‘Top 100 Fastest Growing Tech Companies in the North’ and 2nd in the ‘Top 15 Fastest Growing Larger Companies’. The Rotherham-based retailer was reportedly the first online seller…
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20 JuneClothing & Shoes
Primark enters online marketplace with Click & Collect trial
Primark is set to launch a UK Click and Collect trial service on children’s products across 25 stores in the northwest, encompassing 2,000 options of clothing, accessories and lifestyle products. Around 40% of these options will be exclusive to Click and Collect, and the service is reportedly expected to drive…
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17 JunePeople Moves
New Look appoints new CEO
New Look has announced that Helen Connolly has been appointed as its chief executive officer. Connolly has replaced Nigel Oddy as CEO after it was previously revealed he would be stepping down from the role on 6 June. Connolly was the former chief executive officer of Bonmarché for four years…
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17 JuneClothing & Shoes
Braehead announces new Flannels store opening
Braehead, the retail and leisure destination located in Glasgow and owned by property company SGS, has announced the opening of a new Flannels store. The luxury fashion retailer, owned by Frasers Group plc, has taken on a 10,000 sq ft unit and has committed to a long-term lease. Steve Gray,…
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16 JuneEconomy
BoE raises interest rates to 1.25%
The Bank of England’s (BoE) Monetary Policy Committee has voted to raise interest from 1% to 1.25% – marking its fifth rise in a row as it bids to offset the impact of rising inflation. The Monetary Policy Committee voted by a majority of 6-3 to increase the rate to…
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16 JuneEconomy
Halfords lowers FY23 profit expectations despite ‘resilient’ performance
Halfords Group plc has announced it has downgraded its profit expectations for the year despite seeing its profit before tax increasing 49.8% to £96.6m. In its preliminary results for the 52 weeks to 1 April 2022, the retailer posted revenues of £1.36bn – up almost 20% compared with pre-pandemic levels.…
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16 JuneHigh Street
Boohoo announces sales drop amid cost of living crisis
Boohoo has announced that its revenues declined 8% in the first quarter of 2022, but are up 75% over the three-year pre-pandemic period reflecting multi-year market share gains across the Group’s multi-brand platform. Gross demand growth was up 9% year-on-year, with net sales impacted by the ongoing normalisation of returns…
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15 JuneHigh Street
WH Smith sales rocket as travel rebounds
WH Smith has seen sales soar ahead of pre-pandemic levels in recent weeks as travel continues to rebound. Group revenues in the 15 weeks to 11 June 2022 were ahead of 2019 levels for the first time at 107%, with a particularly strong performance seen in its Travel business. As…
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