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Cycling surge supports Halfords during Covid-19

Halfords has proved resilient during the coronavirus crisis, unlike many non-food retailers, benefiting from an increase in demand for cycling, as consumers avoided public transport and maintained fitness during the nationwide lockdown.

Oak Furniture Land’s cash-light position leaves it stumped

Oak Furniture Land was the latest high-profile retailer to fall into pre-pack administration amid the COVID-19 outbreak as its lack of liquidity left it exposed during the lockdown. Now, under new ownership, the furniture retailer’s prospects are positive, but its relatively high price points and narrow uniform aesthetic leave it vulnerable.

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