Online shopping has surged too, while sales for T-shirt bras and bathroom products have also risen. In September, the retailer will partner with Ocado in order to allow customers to shop its products online.
Demand for the product has increased rapidly during the coronavirus crisis, as people have been encouraged to regularly wash their hands or use hand sanitiser if soap and water are not available. Join thought-provoking conversations, follow other Independent readers and see their replies. Want to bookmark your favourite articles and stories to read or reference later? Those include buying clothing from fewer core suppliers, reducing the clothing and home ranges, as well as "the replacement of ageing stores".
The company has been facing increasing competition from fashion giants such as Primark on the High Street and Asos on the internet in recent years.
As a result, it faces a "mounting backlog of unsold stock" in its warehouses, it said. Food sales also fell, by 8. The firm said that lockdown measures, social distancing and lower consumer demand were "likely to continue through the year", adding that the coronavirus pandemic means that its performance over the next year is difficult to predict.
Big sales expected as clothes shops plan to reopen. Image source, Getty Images. Image source, Newscast. On the grocery side, the age-old "Finish your plate, there are people starving in the world" seems to now be accentuated by the economic undertone "Don't take what you're not going to finish, cause if we can hold off on grocery shopping for one more day that would be great.
One exceptionally savvy shopper I know says he never uses a cart or basket claiming, "If I can't hold it in my arms, I'm not buying it. Private Labels Are In There's no stigma to buying generic and -- in fact -- there seems to be growing cachet in purchasing private label merchandise.
Costco COST has had particular success with their Kirkland brand and Trader Joe's has practically become a single, brand private label store. Watch for potential acceleration of this trend in the U. Last year, overall grocery store sales were up a modest 1. The trend seems to be accelerating with natural and organic items remaining on shoppers lists.
A friend of mine in California says in his area, buying organic has become "a given. Witness PepsiCo Inc. PEP Frito-Lay plans for chips , which can take as little as 24 hours to be made from a whole potato -- farm to bag. It was packed and while many of the customers appeared to be reading ingredient labels, there didn't seem to be a lot of price-checking.
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