The American cosmetics retailer announced on Monday that it will be paying workers in its distribution centers a $2-per-hour wage premium to thank them for their continued work during the ongoing Covid-19 pandemic.
Malls giant Hammerson said Monday it has received “a variety of requests for rent deferrals, which we are reviewing on a case-by-case basis” across its properties in the UK, Ireland France and other European countries.
The first week of home isolation and closing stores in the UK saw mixed results for e-tail, which slowed by 2.2% year-on-year, even though week-on-week sales accelerated due to stockpiling. But fashion saw a huge plunge.
Running across multiple channels, the campaign will aim to change people’s behaviour in countries across Africa and Asia to raise awareness of the need for proper hand hygiene to stop the spread of Covid-19.
Thursday’s decision by Next to close its online retail operation temporarily could be a tipping point, an analyst said, with more retailers likely to follow suit as they respond to worker concerns over social distancing.
The very public apology made by Frasers CEO Mike Ashley on Friday underlines the importance of good PR during the coronavirus crisis and an analyst has said that "exemplary ethics will pay off" once the outbreak is over.
The coronavirus pandemic is dominating most consumers’ and businesses’ thinking at the moment, but companies and market analysts are still looking to a post-coronavirus world in which other subjects come to the fore.