Retail news

• Suffering John Lewis stands at a crossroads on the high street

  19-09-2020 17:00
  
  The retailer is eyeing a more online future. But as the last big department store standing, could it expand in the real world? Twinkling lights are just visible behind screens where staff are putting the finishing touches to this year’s Christmas displays, but in other parts of the shop, the lights are still off. John Lewis’s flagship store in Oxford Street, central London, is bearing the scars of the pandemic.A restaurant and cafe are closed and there are more staff than customers o
  
  Read more

• Greener BP must do more than talk tough on the climate crisis

  19-09-2020 17:00
  
  A company steeped in oil and gas production may not find it easy to convince investors of its environmental credentials‘This is serious stuff,” said BP’s Bernard Looney. The chief executive, speaking last week at the oil giant’s three-day investor event, was talking tough on the need to tackle the climate crisis. He could just as easily have been referring to the existential tightrope that BP, and others in the fossil fuel industry, will need to walk between investor conf
  
  Read more

• £95m government funding launched to aid high street recovery

  19-09-2020 11:01 via retailgazette.co.uk
  // Historic England unveils High Streets Heritage Action Zone scheme to 68 high street locations
  //  The £95m funding for the scheme will help high streets recover from declining footfall & Covid-19 impactHigh streets across England are set to benefit from a £95 million government-funded scheme to help them recover from declining footfall and the impact of Covid-19.
  The High Streets Heritage Action Zone (HSHAZ) programme, delivered by Historic England, will see disused and d
  
  Read more

• Waitrose ends use of plastic shrink wrap on multi-buy grocery tins

  19-09-2020 10:01 via retailgazette.co.uk
  // Waitrose to ditch plastic wrapping on all its multi-buy grocery tins
  // The move will save 45 tonnes of plastic waste a year, the supermarket saidWaitrose has announced it is permanently ditching plastic wrapping on all its multi-buy grocery tins after a successful trial to remove the shrink wrap.
  Removing the plastic wrap, which is used to keep three or four cans together for shoppers’ convenience but which is hard to recycle, will save 45 tonnes of plastic waste a year, the supermarke
  
  Read more

• Advertisement

• Billionaire Chuck Feeney achieves goal of giving away his fortune

  19-09-2020 09:00
  
  Irish-American mogul’s philanthropic foundation runs out of cash after 38 yearsChuck Feeney has achieved his lifetime ambition: giving away his $8bn (£6bn) fortune while he is still around to see the impact it has made.For the past 38 years, Feeney, an Irish American who made billions from a duty-free shopping empire, has been making endowments to charities and universities across the world with the goal of “striving for zero … to give it all away”. Continue readin
  
  Read more

• Covid-hit high streets in England to benefit from £95m fund

  19-09-2020 07:00
  
  Disused buildings could be turned into homes, shops and offices in 68 locationsHigh streets across England are due to benefit from a £95m government-funded scheme to help them recover from declining footfall and the impact of Covid-19.As part of the high streets heritage action zone (HSHAZ) programme, delivered by Historic England, disused and dilapidated buildings will be restored into new homes, shops, workplaces and community spaces in 68 high streets across the country. Continue readin
  
  Read more

• Bike retailers saddled with lower margins in state cycle scheme

  19-09-2020 06:00
  Complaints by manufacturers lead to talks with Cycle to Workproviders about size of commissions
  
  Read more

• US alleges bribery scheme to boost Amazon marketplace sellers

  19-09-2020 00:00
  Prosecutors say defendants conspired to pay over $100,000 to ‘at least’ 10 Amazon workers
  
  Read more

• Advertisement

Follow @retailuknws on Twitter!