Retail news

• Toyshop lockdown may dampen Christmas joy for children

  01-11-2020 18:15
  
  Shops sell £500m of toys in November but online shopping capacity will be stretched to the limit, say expertsRetail and hospitality warn of Christmas trade meltdownCoronavirus – latest updatesSee all our coronavirus coverageThe forced closure of toy shops as part of a new lockdown in England could lead to disappointment for children this Christmas as the industry struggles to cope.Gary Grant, the founder and chairman of The Entertainer, said toy retailers usually sell £500m wor
  
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• Toy shop lockdown may dampen Christmas joy for children

  01-11-2020 18:15
  
  Shops sell £500m of toys in November but online shopping capacity will be stretched to the limit, say expertsRetail and hospitality warn of Christmas trade meltdownCoronavirus – latest updatesSee all our coronavirus coverageThe forced closure of toy shops as part of a new lockdown in England could lead to disappointment for children this Christmas as the industry struggles to cope.Gary Grant, the founder and chairman of The Entertainer, said toy retailers usually sell £500m wor
  
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• Shops and bars call for fresh support as new lockdown looms

  01-11-2020 17:49
  Crucial run-up to Christmas will be hit by measures to stop the spread of coronavirus
  
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• How bad will the second lockdown in England be for UK plc?

  01-11-2020 17:36
  
  Economists predict another big hit but the GDP drop will not be so severe, not least because it has less far to fallSecond England lockdown fuels fears of double-dip recessionRetail and hospitality warn of Christmas trade meltdownCoronavirus – latest updatesIt goes without saying that the lockdown restrictions due to come into force in England represent a serious setback for the economy. This, after all, is deja vu time, and back in the spring during lockdown 1 activity collapsed. Between
  
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• Second England lockdown fuels fears of Covid double-dip recession

  01-11-2020 16:18
  
  Economist predict a further GDP fall from between 7.5% and 10% with unemployment to soarRetail and hospitality warn of Christmas trade meltdownCoronavirus – latest updatesSee all our coronavirus coverageBank of England policymakers are expected to inject up to £100bn into the economy when they meet this week amid mounting fears that the four-week lockdown for England will lead to a double-dip recession.Threadneedle Street’s nine-strong monetary policy committee (MPC) will spend
  
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• Retail and hospitality sectors warn of Christmas trade meltdown from Covid lockdown

  01-11-2020 13:17
  
  Jobs at risk in England and billions of pounds at stake as firms warn online shopping network may not copeCoronavirus – latest updatesSee all our coronavirus coverageRetailers and hospitality firms have warned of the devastating financial impact of a new month-long lockdown in England which they say threatens billions of pounds worth of Christmas trade and puts hundreds of thousands of jobs at risk.The next two months should be the most lucrative time of the year for the high street but 50
  
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• Retail and hospitality sectors warn of Christmas trade meltdown from Covid-19 lockdown

  01-11-2020 13:17
  
  Jobs at risk in England and billions of pounds at stake as firms warn online shopping network may not copeRetailers and hospitality firms have warned of the devastating financial impact of a new month-long lockdown in England which they say threatens billions of pounds worth of Christmas trade and puts hundreds of thousands of jobs at risk.The next two months are supposed to be the most lucrative time of the year for the high street but 500,000 shops, restaurants and pubs will have to close on T
  
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• Argos to spread some much-needed festive cheer with Christmas advert premiere

  01-11-2020 10:51 via retailgazette.co.uk
  // Argos’ Christmas 2020 advert set to air on ITV tonight at 8pm
  // Retailer follows on from last year’s ‘Book of Dreams’ theme, with Argos catalogue once again taking centre stage
  // Advert comes as non-essential retailers in England prepare to shut for second lockdownArgos will unveil its Christmas advert on Sunday November 1 at 8pm during ITV’s Family Fortunes.
  The festive commercial stars two sisters, Lucy and Daisy, who perform as mini magicians for their paren
  
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• BRC: “Retailers face a nightmare before Christmas” after second lockdown news

  01-11-2020 10:19 via retailgazette.co.uk
  // BRC says closure of non-essential retailers during second lockdown “will cause untold damage to the high street in the run up to Christmas”
  // Comments come after Prime Minister Boris Johnson announces second lockdown to take place from Thursday November 5The British Retail Consortium (BRC) has described the retail industry as facing “a nightmare before Christmas” after the Government on Saturday announced a second lockdown would take place in November.
  Speaking to the
  
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• New Look CVA challenged by landlords

  01-11-2020 06:00
  Disputes over rent-cutting plan could threaten recapitalisation
  
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• Kingfisher puts physical stores at heart of online sales push

  01-11-2020 06:00
  Bricks and mortar outlets vital to fulfilling orders speedily, says chief Thierry Garnier
  
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• Nightmare before Christmas: M&S set for big loss on Covid-hit high street

  01-11-2020 01:05
  
  Its Ocado tie-up may bring Marks festive joy, but as restrictions and uncertainty bite, even Primark looks less than cheerfulThe next two months are supposed to be the most lucrative time of the year for the high street, but a grisly update from Marks & Spencer will this week provide a grim reality check as the pandemic sets up nightmarish trading conditions for the golden quarter.Analysts expect M&S to have made a loss of about £60m in the first six months of its financial year be
  
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• Worldline and Ingenico create a world-class leader in payment services

  01-11-2020 01:00 via theretailbulletin.com
  
  By combining forces with Ingenico, Worldline will become Europe’s new world-class leader in payment services and joins the league of international payment leaders. Worldline is committed... View Article
  
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