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Retail

  • UK distillery numbers jump as craft gin popularity booms

    March 16, 2020

    The number of distilleries in the UK has surged as craft gin continues to grow in popularity, according to the latest research.  Distilleries jumped 20 per cent to 246 over the last year, up from 205 the previous year, as the UK gin industry toasted a nine per cent increase in export sales to £672m [...]

  • Retail footfall jumps as UK coronavirus cases rise

    March 16, 2020

    Retail footfall spiked at the end of last month as consumers rushed to the shops to stock up due to the spread of coronavirus in the UK.  Retail footfall in February was down two per cent year on year due to several storms during the month. However, the final week of the month saw a [...]

  • Coronavirus: Hospitality firms on the brink of collapse as footfall dives

    March 15, 2020

    Struggling hospitality firms could be nearing the brink of collapse due to a dive in footfall across London’s pubs and restaurants this weekend as punters stayed home to avoid the coronavirus outbreak. Hospitality companies are preparing to make redundancies as soon as this week, as visitors to London’s restaurants and bars fell 39 per cent [...]

  • Nike closes US and European stores amid coronavirus outbreak

    March 15, 2020

    US sports giant Nike has announced it will close all of its shops in the US, western Europe, and several other countries in an effort to protect staff and customers from coronavirus. Shops will be closed from tomorrow until at least 27 March, Nike said, including in Canada, Australia and New Zealand. Nike said its [...]

  • Coronavirus: Supermarkets urge customers to stop stockpiling

    March 15, 2020

    UK supermarkets have called on the UK public to stop stockpiling in response to coronavirus as fears mount that some people could be left without essential products.  In an open letter to customers, the country’s biggest food retailers, including Sainsbury’s, Tesco Asda and Morrisons, called on consumers to “be considerate in the way they shop” [...]

  • Apple shuts stores across the world amid coronavirus fears

    March 14, 2020

    Apple is to close all its retail stores outside of China for two weeks in an effort to contain the coronavirus outbreak. Chief executive Tim Cook announced last night that the company would be taking the steps across the rest of the world to minimise the risk of transmission. It comes just a day after [...]

  • Coronavirus: Supermarkets rebound but leisure stocks suffer

    March 13, 2020

    Supermarket stocks made gains this morning after being dragged down by a mass FTSE 100 sell off sparked by mounting coronavirus fears.  Sainsbury’s share price jumped 8.02 per cent to 188.97p, Tesco was up 10.46 per cent at 233.3p and Morrisons climbed 7.98 per cent to 178p.  Grocers are positioned well to ride out the [...]

  • Morrisons moves to support supply chain through coronavirus outbreak

    March 13, 2020

    Morrisons will make immediate payments to smaller businesses and re-classify suppliers to help 1,000 more firms as it moves to protect its supply chain from the impact of coronavirus.  The grocer will temporarily scrap its 14 day payment terms and pay small suppliers as soon as an invoice is received.  Morrisons also said it will [...]

  • Disneyland theme parks closed due to coronavirus

    March 13, 2020

    Disneyland theme parks in California, Florida and Paris have been closed due to the global outbreak of coronavirus.  The theme parks will be closed from this weekend to the end of the month, and Disney has also suspended all new cruise departures for the same period.  In a statement the company said: “We are proceeding [...]

  • Coronavirus: Just Eat and Deliveroo offer contactless delivery

    March 13, 2020

    Food delivery services have launched contactless delivery options to prevent the spread of coronavirus.  Takeaway.com, the Dutch company that recently bought Just Eat, and Deliveroo have both committed to providing deliveries without physical contact. Takeaway said the measure is applicable to all restaurants on its platform throughout Europe. Drivers are being instructed to ring the [...]

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