Welcome to Top Store

Best Products at Best Prices


No products in the cart.

Next shuts website for the day only hours after reopening | Business

Next has shut its website for the day only hours after reopening, having met its order target by 8.30am.

The clothing retailer reopened its online operations for the first time in almost three weeks on Tuesday after closing because of concerns about the safety of staff in its warehouses during the coronavirus crisis.

Next began taking orders for children’s clothing and small homewares after putting extra safety measures in place, including extra cleaning kits and tabards marked on the back with the message “stay 2 metres apart”.

However, the company rapidly closed its website until Wednesday as it said it had met its daily order target.

Income subsidies

Direct cash grants for self-employed people, worth 80% of average profits, up to £2,500 a month. There are similar wage subsidies for employees.

Loan guarantees for business

Government to back £330bn of loans to support businesses through a Bank of England scheme for big firms. There are loans of up to £5m with no interest for six months for smaller companies.

Business rates

Taxes levied on commercial premises will be abolished this year for all retailers, leisure outlets and hospitality sector firms.

Cash grants

Britain’s smallest 700,000 businesses eligible for cash grants of £10,000. Small retailers, leisure and hospitality firms can get bigger grants of £25,000.


Government to increase value of universal credit and tax credits by £1,000 a year, as well as widening eligibility for these benefits.

Sick pay

Statutory sick pay to be made available from day one, rather than day four, of absence from work, although ministers have been criticised for not increasing the level of sick pay above £94.25 a week. Small firms can claim for state refunds on sick pay bills.


Local authorities to get a £500m hardship fund to provide people with council tax payment relief.

Mortgage and rental holidays available for up to three months.

A statement on the website said: “In order to operate our warehouse safely, we are limiting the number of warehouse colleagues working at any time, and so we will limit the number of customer orders we can take each day.

“We have successfully tested opening and taking a limited number of orders today. Please come back again tomorrow morning.”

Analysts at Peel Hunt said: “Next hit this daily limit before 8:30am today, suggesting customer demand remains high as ever.” It suggested that the retailer, which sells a number of other clothing brands as well as its own items, would benefit from an industry-wide effort to clear spring and summer stock that has piled up in warehouses during the high street shutdown.

However, Next has predicted that disruption stemming from the outbreak could wipe £1bn off this year’s sales.

Next closed its online operation in late March after concern about the safety of workers in its warehouses and criticism of the continued operation of online stores selling goods considered non-essential.

Sign up to the daily Business Today email or follow Guardian Business on Twitter at @BusinessDesk

The high street chain River Island and the luxury fashion retailer Net-A-Porter have also stopped making online deliveries while Asos has come under fire for poor conditions at its Barnsley warehouse.

Next said it had asked for volunteers from its staff to return to work this week and consulted with the Usdaw union on how to select those suitable. About 3,000 volunteers have come forward so far.

The company said it would not be using workers with a temperature, those classified as vulnerable because of health conditions, or who lived with someone vulnerable, or anyone who needed to take public transport to work.

Source link