In today’s InternetRetailing newsletter, we’re reporting as retailers continue to see the effect of Covid-19 on their businesses, and as brands find new ways to work together.
Homebase is opening up its first digitally-connected shop inside a branch of Tesco, following on from its partnership with Next. Taking garden and DIY products into shops helps to make stores visits more convenient for customers, while partnerships such as Moonpig’s tie up with Cath Kidston, that will see customers able to order floral print-inspired bouquets, help to make shopping for Mother’s Day a one-stop mission.
Currys, meanwhile, is marking Global Recycling Day with a new commitment to help customers recycle more e-waste – including by offering vouchers in exchange for used goods. And we also consider how Miele is encouraging shoppers to buy less, but buy better, in a piece from the latest RetailX Sustainability Report.
TM Lewin has gone into administration for the second time in two years after the effect of Covid-19 restrictions and lockdown on its business and cashflow continued to mount on the tailored menswear specialist. It had previously gone online-only from a multichannel model as a result of the first Covid-19 lockdown almost two years ago.
Ocado and Deliveroo this week both warned that economic issues from the effect of inflation on its costs to the Russia Ukraine war would be likely to prove challenging in coming months. In contrast to TM Lewin, Ocado is also feeling the effects of the ending of Covid-19 restrictions, and how the subsequent move back to offices has changed that way that shoppers buy.
Today’s guest comment comes from Antony Stephen of Barclays Partner Finance
