Tag: Coronavirus
Around 2,000 Peacocks jobs saved in rescue deal
Collapsed fashion chain Peacocks has been saved by a senior executive with backing from an international consortium, it has been announced.
Chief operating officer Steve...
Next profits cut in half after Covid store closures
High street fashion chain Next has said profits for the last year were slashed by more than half after its stores were shut for...
Sales drop by nearly a fifth at Boots as Covid weighs...
Sales at pharmacy chain Boots have dropped by nearly 18% in the UK, the company’s parent revealed on Wednesday.
The drop was caused by the...
Vaccine passports could see ‘legal concerns’, retail and hospitality chiefs warn
Hospitality and retail bosses have warned that the use of vaccine passports or certification for customers entering venues could face “legal concerns” and create...
About 117 million fewer supermarket trips made compared with year ago
Grocery sales rose 7.4% in the 12 weeks to March 21 in a marked slowdown compared with previous months, according to new data from...
Campaigners call for ‘Shop Out to Help Out’ scheme
Retail campaigners are calling for an Eat Out to Help Out-style scheme to boost the tills of beleaguered independent shops after they finally reopen...
Next to reveal profit slump as investors bank on strong sales...
Next is set to reveal that its profits were cut by more than half last year after its stores were shuttered by lockdown measures.
However,...
Tui plans 48 more high street store closures
Tui is planning to close 48 more retail stores in the UK.
The UK’s biggest tour operator said the travel industry and the high street...
McColl’s losses narrow amid pandemic sales jump for convenience stores
McColl’s has said its losses narrowed over the past year as more people shopped at their local convenience store during the pandemic.
The retailer told...
DIY boom sees profits at B&Q owner soar more than 600%
The owner of B&Q has cashed in on a DIY boom as millions of people stuck at home tried to improve their living conditions.
Kingfisher...