Retail news

• UK to change insolvency rules to protect businesses

  28-03-2020 19:58
  Wrongful-trading law will be suspended to protect directors who pay staff and suppliers
  
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• Coronavirus: Footasylum joins list of retailers requesting rent holidays

  28-03-2020 14:00 via retailgazette.co.uk
  // Footasylum becomes latest retailer to request for rent holiday to mitigate financial impact of coronavirus
  // The retailer asked for three-months rent holiday for the third quarterFootasylum has reportedly called on its landlords for a three-month rent holiday for the third quarter from June 25 to alleviate the financial impact of the coronavirus crisis.
  The footwear retailer which is currently in the midst of being taken over by rival JD Sports in a £90 million deal, requested the rent
  
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• Wilko stores remain open amid pandemic but opening hours reduced

  28-03-2020 13:19 via retailgazette.co.uk
  // Wilko stores to remain open amid pandemic
  // The retailer was recognised as ‘essential’Wilko has said its stores will stay open amid the coronavirus pandemic, after being designated as an essential retailer.
  This follows the government’s decision to temporarily shut down all non-essential services in a bid to place the UK in lockdown.
  The British retailer has temporarily removed ‘pick n mix’ confectionery from sale in-store to minimise the risk of Covid-19 transm
  
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• Tesco, Sainsbury’s & Iceland urge “healthy” people to go into stores

  28-03-2020 12:45 via retailgazette.co.uk
  // Grocers have asked capable people to continue shopping in stores to allow delivery slots for elderly & vulnerable
  // The message goes against the government’s command that people should shop as infrequently as possibleMajor supermarkets have urged “healthy” people to continue travelling into stores to buy essentials in a bid to ease the online shopping process for the elderly and vulnerable amid the Covid-19 pandemic.
  After the government announced the UK’s lockdow
  
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• Coronavirus: Waitrose reserves delivery slots for elderly & vulnerable

  28-03-2020 12:16 via retailgazette.co.uk
  // Waitrose sets aside delivery slots for the elderly & vulnerable to ensure they receive food supplies amid the coronavirus chaos
  // 17% of its delivery slots will be reservedWaitrose has said it will set aside up to a quarter of its online grocery delivery slots for elderly and vulnerable shoppers amid the coronavirus crisis.
  The upmarket grocer is prioritising the delivery slots after concerns were raised about whether those isolated at home were able to retrieve food supplies.
  In recent
  
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• Online grocers fail to shine during biggest test yet

  28-03-2020 12:00
  Overwhelmed with demand during the coronavirus outbreak, groups have disappointed customers
  
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• Britons go on shopping spree to ease grind of Covid-19 confinement

  28-03-2020 07:00
  
  Online trade booms as people stock up with jigsaw puzzles, crafts and gardening gearThe prospect of weeks trapped at home has seen Britons embark on unlikely shopping sprees as they create home offices and gyms but also embrace hobbies ranging from dressmaking to jigsaw puzzling and growing their own veg.With all non-essential high street shops and some websites now closed, what is left of high street trade is online as households hunker down and seek ways to keep themselves and their children e
  
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• Global petrol demand to plunge as US stops driving

  28-03-2020 05:00
  Refineries set to shut as consumption falls to levels from 1970s Nixon era
  
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