As the retail sector continues to open up and shoppers start to venture out, here are my choices of this weeks retail highs and lows;
- Face coverings to be compulsory in shops in England from July 24th. Scotland already has this in place.
- Fashion sales dropped 20%+ last month despite online surge.
- Primark rejects £30M windfall with John Lewis Partnership set to follow.
- Surging Gymshark is target for private equity firms.
- Halfords eyes 60 store closures despite rising sales.
- DFS cuts jobs as it swings to full year loss.
- More expensive fashion & video game prices drives higher inflation.
- Primark upbeat as trading recovers in recent weeks.
- Dune opens first post lockdown new store at CentreMK in Milton Keynes.
- Recreational shopping is over says ChannelMum survey.
- Kurt Geiger owned Shoeaholics to launch stores after online success.
- Aldi UK ramps up home delivery offering.
- Dixons Carphone posts slump in full year profits.
- Online sales at Dunelm double.
- Next in line for Victoria's Secret UK franchise.
- Poundland reveals ecommerce pilot as part of transformation scheme.
- ASOS has good Q1 despite lockdown and can now payback furlough grants.
- Dobbies & Sainsburys launch grocery partnership.
- John Lewis launches personal shopping via zoom
Key themes of the week - face coverings, recovery, new stores. It certainly feels like there is more positivity within the sector than recent weeks.
Key article of the week - https://www.retailgazette.co.uk/blog/2020/07/house-of-fraser-store-to-be-converted-into-multi-million-pound-retail-centre/
Key question of the week - Are we starting to see green shoots within the retail sector?