All Retail Week UAT articles in 7-13 November 2020 – Page 2
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NewsB&M half-year profits skyrocket as sales surge
B&M has recorded a jump in interim profits spurred by a leap in sales that boss Simon Arora says shows the retailer is “well-attuned to the evolving needs of customers”.
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NewsWHSmith tumbles to full-year loss as sales slide
WHSmith has fallen into the red at the full-year mark as the retailer’s sales across travel and the high street were “heavily impacted” by the pandemic.
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AnalysisWatch: Subscriptions and finance are the future, say experts
Retailers need to offer consumers flexible subscriptions and finance options to win spend in a difficult market, a leading panel of experts told Retail Week at its latest virtual event.
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NewsMarks & Spencer adds Early Learning Centre to online brand stable
Marks & Spencer is to sell Early Learning Centre products on its website in its latest tie-up with a complementary brand to build online appeal.
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AnalysisNo Limits: Retail’s five best apprentice schemes
As National Apprenticeship Week kicks off, Retail Week looks into why these schemes can’t be a casualty of the pandemic and shines a spotlight on some of retail’s best apprenticeship programmes.
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OpinionLockdown to scupper Black Friday bonanza – but all is not lost
Lockdown has put the dampeners on a Black Friday sales surge with consumers expected to spend 20% less during the discounting event this year, according to PwC.
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NewsLive updates: Tracking retailers’ response to lockdown 2.0
Retailers and brands are reacting to the challenges posed by the winter lockdown in England and restrictions across the UK. Retail Week tracks the response of businesses, as they happen. Last updated on November 20.
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NewsSelfridges raids Lane Crawford for new managing director
Selfridges has appointed Andrew Keith, president of upscale Hong Kong-based department store business Lane Crawford, as its new managing director.
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AnalysisWhy Asda, Ikea and Tesco are betting on a sustainable post-pandemic future
Over the last few months, a throng of retailers have made pledges and launched initiatives to become more sustainable. But is the middle of a global pandemic the right time to be making these bold claims?
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OpinionClarke Carlisle: Leaders must talk about mental health – starting today
Following a public fight with depression, which has included two suicide attempts, ex-professional footballer Clarke Carlisle has pursued a path to recovery and is now determined to help others. As the Virtual Leaders’ Summit gets under way, he shares critical learnings on mental health that retail bosses cannot afford to ignore.
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NewsWaitrose dials up focus on food counters following Sainsbury’s closures
Waitrose has revealed plans to increase its focus on food service counters just days after rival Sainsbury’s closed all of its equivalent meat, fish and deli areas.
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NewsNew Look completes financial restructuring
New Look has completed a major recapitalisation of its finances.
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NewsSupreme acquired by Timberland owner VF in $2.1bn deal
Iconic streetwear brand Supreme has been sold to VF Corporation, which owns brands including Vans and North Face, in a deal valued at $2.1bn (£1.6bn).
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NewsGrocery sales rise in October as record numbers flock online
Grocery sales jumped last month as a record number of shoppers turned to online.
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NewsAldi to roll out click and collect to 200 stores before Christmas
Aldi is to extend its click-and-collect trial to more than 200 additional stores before Christmas as it ramps up its online proposition.
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NewsTesco to pay Christmas bonus as Lidl ups hourly wages
Grocery giants Tesco and Lidl have handed their staff pay fillips ahead of the crucial Christmas trading period.
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NewsRetail sales rise in October boosted by pre-lockdown splurge
Retail sales recorded a year-on-year uplift in October, which British Retail Consortium (BRC) boss Helen Dickinson says demonstrated many retailers “finding their footing” prior to the second lockdown.
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Opinion‘Retailers must be smarter than ever to pass Black Friday demand test’
With ecommerce sales already at a record high, the anticipated spike in online orders expected over the Black Friday and Cyber Monday period will put even greater strain on retailers and logistics providers alike.
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NewsBRC unveils sustainability roadmap to hit net zero by 2040
The British Retail Consortium has launched its Climate Action Roadmap with the aim for the industry to reach net-zero carbon emissions by 2040.
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