The Covid-19 coronavirus pandemic has put pressure on high streets and many are...
Redundancy in the retail sector: Eleanor Tweddell Q&A
The Covid-19 coronavirus pandemic has put pressure on high streets and many are being made redundant as a result. Retail Insight Network talked to Another Door founder Eleanor Tweddell to find out about the impact of redundancy on the retail sector and what steps those who have been made redundant should be taking.
Covid-19: Intu forecasts rent collections to fall to £181.7m
Real estate investment trust Intu, which manages 20 shopping centres across the UK and Spain, has predicted that rent collections will fall to £181.6m this year.
Covid-19: Uses for robots in retail during the outbreak
According to GlobalData’s COVID-19 tracker consumer survey, as of week 7, 32% of consumers in lockdown globally claimed that digitally advanced or “smart” products always/often influences their product or service choice.
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.
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.
J. Crew Group files for bankruptcy amid Covid-19 pandemic
American clothing retailer J. Crew, known for its preppy-style range of women’s, men’s and children’s apparel, has filed for bankruptcy.
BRC provides guidelines for reopening of stores amid Covid-19
The British Retail Consortium (BRC) has provided guidelines for the reopening of stores amid the coronavirus (Covid-19) pandemic.
Should Primark consider e-commerce following its zero-earning month?
UK clothing store Primark made £0 this month during the Covid-19 coronavirus lockdown, as opposed to its average £650m per month. Retail Insight Network took to Twitter to see what experts and consumers think about the future of e-commerce for the company.