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Month: March 2020

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  • 2020 Archives
  • Mar Archives
31 March

Coronavirus in Germany: Adidas, H&M to stop paying rent over outbreak closures

  • Categories Retail News, Top News
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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 …

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31 March

With zero sales from stores, a cash crunch is coming to department stores

  • Categories Retail News, Top News
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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 …

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31 March

Brits splashed out extra £1.9bn on stockpiling groceries

  • Categories Retail News, Top News
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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 …

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30 March

Nike’s China Strategy Serving As its Retailers Playbook

  • Categories Retail News, Top News
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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. …

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30 March

Accidental stockpilers driving shelf shortages in the UK

  • Categories Retail News, Top News
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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 …

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27 March

King’s Cross development landlord waives rent for 3 months

  • Categories Retail News, Top News
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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 …

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27 March

Fast-Food Restaurants Become Mini Supermarkets

  • Categories Innovation & Technology, Retail News, Top News
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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. …

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27 March

Coronavirus: H&M asks landlords for rent relief

  • Categories Retail News, Top News
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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 …

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27 March

New Look requests 3 month rent holiday

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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 …

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26 March

Morrisons moves to help customers and staff during the coronavirus outbreak

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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 …

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