Retail industry
Global bike shortage set to continue, Halfords chief executive warns
Bicycle and motoring retailer’s profits rise 184% to £64.5m after cycle sales surge during Covid pandemic
Sarah Butler
17, Jun, 2021 @2:44 PM
Cashless society draws closer with only one in six payments now in cash
UK Finance study records a 35% drop in cash transactions in 2020 as Covid crisis turbo-charges change in spending habits
Rupert Jones
16, Jun, 2021 @2:37 PM
Boohoo reports strong clothes sales amid online shopping boom
Fashion retailer says revenues grew 32% in three months to May even as Covid-19 lockdowns eased
Julia Kollewe and Sarah Butler
15, Jun, 2021 @4:12 PM
JD Group boss defends bonus despite retailer accepting Covid support
Near-£6m for Peter Cowgill came as group took more than £100m in business rates relief and furlough
Joanna Partridge
14, Jun, 2021 @7:10 PM
Rishi Sunak rejects calls by businesses for furlough extension
Failure to maintain Covid support measures will push firms into bankruptcy, says Labour
Richard Partington Economics correspondent and Rob Davies
14, Jun, 2021 @1:29 PM
Ted Baker plans temporary stores in commuter towns as it loses £100m
Retailer says it is ‘trying to be agile’ as Covid lockdowns hit sales in urban centres such as London
Sarah Butler and Jasper Jolly
14, Jun, 2021 @9:46 AM
Pride rainbow merchandise is everywhere, but who gets the pot of gold?
Multicoloured themed products are hitting shops as June celebrations begin, but little profit goes to LGBTQ+ communities
Priya Elan
13, Jun, 2021 @8:00 AM
Halfords on a roll as Britons ride out the pandemic on bikes and in cars
But faced with online rivals, the company is switching focus from sales to servicing, especially of electric cars
Julia Kollewe
12, Jun, 2021 @11:05 PM
‘We are democratising the right to laziness’: the rise of on-demand grocery deliveries
Companies are springing up all over the UK promising to deliver whatever you want in as little as 10 minutes. But what could we lose by never popping out for milk again?
Harry Wallop
12, Jun, 2021 @11:00 AM
Gap’s stores are closing – can Kanye West turn its fortunes around?
US chain built on large global presence signals retreat from high streets and signs rapper to reinvigorate its brand
Zoe Wood
12, Jun, 2021 @6:00 AM
Celebrity merchandise enters new era as stars sell off their clothes
Move targets Gen Z consumers who already buy second-hand clothes online and want to get closer to idols
Priya Elan
11, Jun, 2021 @10:28 PM
UK economy grows for third month in a row as Covid controls ease
GDP rose by 2.3% in April, the fastest rate of growth since July 2020
Richard Partington Economics correspondent
11, Jun, 2021 @6:21 AM
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