All articles by Adam Williams
Adam Williams
Aldi is updating its shopping guidelines amid Covid-19 pandemic
Many consumers in the UK have completely avoided going to the shops during lockdowns due to COVID-19, resulting in a heavy reliance on online deliveries instead. In order to ease people’s fears and attract more visitors to stores, therefore taking the pressure off the overwhelmed online delivery services, retailers have introduced strict in-store measures that are updated regularly following government recommendations.
Superdry’s turnaround plan threatened as Covid-19 dampens clothing demand
Superdry’s woes were amplified in its final quarter of FY2019/20, with the impact of the COVID-19 pandemic stifling demand for clothing and footwear. While its CEO Julian Dunkerton has had significant plans to revitalise the company, the outbreak has put a major spanner in the works, with revenue declining by 36.9% during Q4 FY2019/20, resulting in sales for the full year falling by £166.2m to £705.5m.