Helen Dickinson news, features and comment – Page 18
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NewsCity snapshot: Second lockdown costs ABF £430m in lost sales
A second wave of coronavirus lockdowns has cost Associated British Foods £430m in lost sales, as Primark stores have closed across Europe. Plus, Pets at Home the latest retailer to pay back business rates relief and all the rest of the latest news from the City.
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NewsLandlords and retailers urged to collaborate to open shops longer
In a joint call, the BRC and British Property Federation have urged retailers and landlords to work together so that shoppers can feel safer in stores by visiting at less crowded times
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NewsTesco repays £585m in business rates relief
Tesco has bowed to growing pressure to repay a huge business rates relief windfall from the government
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Analysis & FeaturesCan online grocery deliver the goods this Christmas?
Supermarkets have ramped up online delivery capacity this year. But Christmas is coming, and slots are already selling out
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NewsFour in five major retailers threatened with County Court Judgements over rent
Of 25 major national retailers surveyed by the BRC in October, 21 had been threatened by landlords using a ‘loophole’ in government protections
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Analysis & FeaturesAfter lockdown II, what now for the rent debt crisis?
As the end of protections for tenants looms, retailers and landlords are at loggerheads over what next, and a solution appears no nearer
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Analysis & FeaturesChancellor’s spending review: the industry reacts
Industry figures share their reactions to Rishi Sunak’s spending review and how it could affect jobs and the economy
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NewsIndustry reacts to PM’s announcement shops can reopen from 2 December
BRC chief Helen Dickinson said the move would preserve the economy
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NewsRetail and landlord chiefs at loggerheads over mounting debt crisis
The BRC has called for an extension to protections for tenants but the British Property Federation has slammed the suggestion as unsustainable
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NewsTesco reopens non-essential areas after shopper backlash
Government guidance is that supermarkets must cordon off ‘non-essential’ areas selling homeware and clothing
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NewsCity snapshot: Premier Foods upgrades profits outlook after ‘exceptional’ half
Premier Foods has raised its profit expectations for the year after “exceptionally” strong first-half results as consumers flocked back to its stable of household brands during the coronavirus pandemic. Plus, the latest Kantar and Nielsen supermarket data shows no sign of rampant panic buying after the new lockdown was announced. And the latest BRC-KPMG retail sales report. Finally, a host of food and drink stocks rallied yesterday after the hopeful vaccine announcement by Pfizer.
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NewsUK retail launches target of net zero emissions by 2040
Under the ’Climate Action Roadmap’, the British public can by 2040 expect to buy products knowing they have minimal impact on the climate, according to the BRC
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Analysis & FeaturesWhat does second lockdown mean for food and drink?
Supermarkets and suppliers are better prepared for lockdown II but confusing government messages really aren’t helping
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NewsCity snapshot: Primark owner ABF braces for huge sales impact of new English lockdown
Associated British Foods has warned a new national lockdown in England, along with renewed restrictions across Europe, would lead to a loss of almost £400m in sales at closed Primark stores. The CEO of the British Retail Consortium called the Prime Minister’s plans “the nightmare before Christmas” for retailers. Plus, Ocado upgrades profits outlook on more strong trading and announces proposed acquisitions of two US robotics firms for almost $300m.
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NewsCity Snapshot: Heineken to axe head office staff as profits plunge
Heineken is planning to slash jobs at its head office in a bid to cut costs and return to profitable growth as the Covid pandemic continues to slam the hospitality industry. Plus, Carlsberg revises profit expectations upwards after “strong” Q3; the latest inflation figures from the BRC-Nielsen shop prices index; and Tate & Lyle buys a tapioca starch manufacturer in Thailand.
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NewsFury over Welsh firebreak crackdown on non-essential products
The Welsh government is due to publish a list of non-essential items that could be temporarily banned from sale from 6pm tonight
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NewsCity Snapshot: Coke regains some fizz but future still uncertain
Coca-Cola has slowed its declining revenues in third quarter as easing lockdown restrictions across the world allowed consumers visit cafes and restaurants again. Plus, consumer confidence slumps again in October and the latest figures from the ONS show retail sales grew for the fifth consecutive month in September.
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NewsFood industry dismayed by government’s warning to prepare for no-deal Brexit
Boris Johnson said he was making the decision with “a high heart”
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NewsCity snapshot: Shoppers spend an extra £260m on supermarket alcohol in preparation for new lockdown
Grocery sales jumped almost 11% in September as shoppers prepared for new lockdown restrictions, with consumers spending an extra £261m. Plus, the latest figures from Nielsen, BRC-KPMG retail sales monitor and Barclaycard spending report.