Major retailers in Germany say they plan to stop paying rent for stores that were told to close in order to slow the pandemic. Adidas is leading the charge, along …
Dive Brief: With their physical locations likely shut for several more weeks due to the COVID-19 pandemic, department stores have just five to eight months, depending on their situation, before …
Britons spent almost £2bn on stocking up groceries ahead of lockdown An additional 79m shopping trips were made to supermarkets during March New research has shown that Brits have spent …
Nike anticipates its digital tech investments will help it weather the storm the coronavirus is pummeling upon retail worldwide. The company temporarily shuttered all of its U.S. stores earlier this month. …
Shoppers are not intentionally buying in bulk due to the coronavirus outbreak, but they are making more trips to the supermarket. New data from Kantar shows extra demand in supermarkets …
Argent says it wants to support tenants such as Waitrose and Nike hit by coronavirus slowdown. The landlord of London’s King’s Cross development is to waive rent for three months, in …
As the hospitality industry feels the strain from government lockdowns, some restaurants are reimagining themselves as mini grocery stores to ease the burden on supermarkets and protect at-risk restaurant jobs. …
H&M group has asked landlords for rent relief during this “extraordinary period” to manage the disruption of Covid-19 coronavirus on the business. It follows Debenhams which asked landlords for a five-month …
New Look requests three-month rent holiday from landlords It also outlined other immediate actions to help navigate the economic impact of the coronavirus pandemic This includes reducing marketing costs, pausing …
Morrisons has introduced a range of measures to support its staff and customers during the coronavirus outbreak. The supermarket will be expanding its home delivery service by making more delivery …