Non-essential retail shops could open as early as June 1, as long as coronavirus infection rates are under control, the Prime Minister suggested last night. The reopening, the government said on Monday, would come in phases with different kinds of retail businesses opening at different points
Fashion retailer Next, which carried out extensive stress-testing at the outset of the Coronavirus pandemic, has seen overall sales fall 41% – with online dropping 32 and stores sales by 52% in the last quarter.
The role of UK stores is changing, with the RXUK Top500 Elite retailers at the forefront of this change. At a time when customers want to make more of their purchases online, all of the multichannel Elite retailers have rethought what their shops are for
Next today set out why shops remain important to its business even as online sales overtook those from the store. Plus, how Next is improving its logistics, including returns, and why it competes against itself by selling third-party brands
Next today set out how it sees its business changing in the longer term as sales continue their historic move from the store to online. The update came as the fashion-to-homewares retailer, ranked Leading in IRUK Top500 research, reported full-year figures.
The fashion retailer, a Leading business in IRUK Top500 research, says fashion sales moving online fast, and the uncertainties around Brexit are among its chief challenges. Here’s how it’s dealing with them.