Retailers
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Jun- 2020 -3 June
Hiring starts to pick up in retail industry as lockdown eases
Hiring has started to pick back up in the retail industry last month, with job vacancies advertised increasing by an impressive 27.1% month-on-month, according to the latest data from CV Library. The study looks at job market data throughout May and compares this with figures from the previous month (April…
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1 June
Usdaw calls on government to respond to crime report
Retail trade union Usdaw has called on the government to respond to a new report which highlights the cost to business and staff of violence, threats and abuse against shopworkers. The ‘Retail violence: abused and attacked at work’ report by broadcast journalist Jamie Long highlights the 9% increase in violence…
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May- 2020 -29 May
Bira welcomes £50m fund to prepare high streets for shoppers return
The British Independent Retailers Association (Bira) has welcomed a new £50m boost to help local authorities prepare high streets for reopening. High Streets Minister Simon Clarke announced the fund for councils to help their local high streets get safely back to business earlier this week. The ‘Reopening High Streets Safely…
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28 May
Hirsh London announces launch of its by-appointment taxi service
Luxury jewellery retailer Hirsh London has announced the launch of its new electric Hirsh Taxi. In an innovative move to “redefine a luxury customer experience”, the Hirsh Taxi will be a complimentary service, available by appointment, that personally delivers purchases to Hirsh customers. As the government has just given the…
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26 May
‘Many independent retailers are ready to reopen now’, says Bira CEO
The CEO of The British Independent Retailers Association (Bira) Andrew Goodacre has said many independent retailers are ready to reopen now, having already worked hard to put measures in place to keep both customers and staff safe. The news comes as non-essential retailers will be allowed to reopen from Monday,…
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20 May
Chisholm Hunter launches campaign to support Mental Health Awareness Week
Jewellery retailer Chisholm Hunter has launched a social media campaign to support Mental Health Awareness Week (18-24 May). In an Instagram post, the retailer revealed it will be sharing positive posts to help its followers who may be suffering from mental health conditions during the Covid-19 pandemic. The post said:…
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14 May
Online retail sales soar to 10-year high amid Covid-19 crisis
Online sales growth surged to a 10-year high in April, up 23.8% year-on-year, amid the ongoing Covid-19 pandemic. That’s according to the latest IMRG Capgemini Online Retail Index, which tracks the online sales performance of over 200 retailers. According to the report, the spike in sales was “overwhelmingly” driven by…
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14 May
Watches of Switzerland reports 5.9% increase in revenues in Q1 results
Watches of Switzerland has reported a 5.9% increase in group revenues to £819.3m in the year to 26 April, ahead of recently revised guidance. In the 46 weeks to 15 March 2020, group revenue increased by 15.8% across both the UK, which was up by 9.4% and the US, which increased…
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13 May
UK economy shrinks by 2% as pandemic takes its toll
The UK’s economy shrank by 2% in the three months to 31 March 2020, as a result of the Covid-19 pandemic. This is according to new data from the Office for National Statistics (ONS), which also found that gross domestic product (GDP) fell by 5.8% during March, the largest fall…
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11 May
Trouble ahead for retail vacancy rates, warns BRC
The British Retail Consortium (BRC) and Local Data Company has said the new BRC-LDC Vacancy Monitor has revealed that the rate of store vacancies increased to 12.2% in March. The monitor also reported a 0.3% decrease in vacancy rates in shopping centres to 14.1% compared with 14.4%. The South West and Wales…
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