Covid-19

Burberry senior independent director departs due to ‘other executive commitments’

Burberry has announced that Jeremy Darroch, independent non-executive director and senior independent director, has informed the company that he will…

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3 Ways UK’s Retail Industry Will Change With COVID-19 – What to Know

With the COVID-19 pandemic making its apparent impact on the operations of British businesses every day, many business owners are…

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Clarks to cut 900 jobs as part of new ‘made to last’ strategy

Clarks has announced the launch of its long-term ‘made to last’ strategy that is designed to ensure that Clarks has…

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Consumer confidence drops further in May

GfK’s long-running Consumer Confidence Index has decreased by one point to -34 for May, as the Covid-19 pandemic continues. The…

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Burberry sales fall 27% amid Covid-19 pandemic

Luxury fashion retailer Burberry has reported a 27% decrease in like-for-like sales in its fourth quarter results, attributing the loss…

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Dealing with true demand today to help customers for the coming months

With the COVID-19 novel coronavirus on the rise worldwide, retailers are being forced to rethink their supply strategies on the…

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Pets at Home sales top £1bn for the first time

Total annual revenue at Pets at Home exceeded £1bn for the first time in its history, increasing 10.2% to £1,058.8m…

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Asda sees Q1 sales rise 3.5%

Big four grocer Asda has reported a 3.5% like-for-like sales rise during the first quarter of the year following a…

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Marks and Spencer profits tumble in full-year results

Marks and Spencer has announced that profit before tax tumbled 20.2% to £67.2m in the full-year ended 28 March 2020. …

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Deliveroo expands partnership with Majestic Wines to 80 locations

Deliveroo and Majestic Wines has announced the expansion of its delivery partnership to cover 80 UK sites across the UK,…

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