All Retail Week UAT articles in August 2021 – Page 6
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Opinion‘Mike Ashley’s new era at Frasers needs a new generation of leaders’
“He’s the next generation,” Mike Ashley claimed, throwing up his left arm and pointing to the young man sitting beside him.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.
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DataRanking: The top 20 retailers to work for in the UK, according to employees
The pandemic has tested retailers and their operations to the limit. But during an unprecedented 12 months, which businesses truly put their people before profit and prioritised the health and wellbeing of their workers like never before? Retail Week has teamed up with Glassdoor to find out the best places to work in retail and why, according to employees.
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VideoWatch: Amazon Salon tech brings fresh look to hair and beauty
As Retail Week exclusively revealed in April, Amazon has opened its first ever hair salon in Spitalfields, London – reporter Rosie Shepard reviews the experience.
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GalleryStore gallery: Selfridges Corner Shop launches wedding resale pop-up
Selfridges has opened a wedding shop for second-hand garments as part of its sustainability push.
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NewsExclusive: ISawItFirst makes top hire ahead of potential IPO
Fast-growing etailer ISawItFirst has hired former Matalan deputy chief executive Greg Pateras, who is understood to be gearing the business up for a stock market flotation.
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NewsMike Ashley mulls stepping down from helm of Frasers Group
Mike Ashley is understood to be considering handing over the reins as chief executive of Group to his future son-in-law and the retailer’s head of elevation Michael Murray.
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NewsThe Hut Group snaps up Cult Beauty in £275m deal
The Hut Group has acquired online beauty marketplace Cult Beauty for £275m and raised its full-year sales outlook as a result.
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OpinionAlex Baldock: ‘Shareholder value isn’t in conflict with good corporate citizenship’
‘Purpose’ and ‘ESG’ (environmental, social and governance) are buzzwords on everyone’s lips. We all know, don’t we, that companies aren’t just about making money any more.
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NewsNew Look back in the black following CVA
New Look has returned to profit despite the impacts of the pandemic on physical stores.
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NewsSweaty Betty acquired by US firm Wolverine in $410m deal
Sweaty Betty has been purchased by US footwear manufacturer Wolverine Worldwide and will join the company’s portfolio of footwear and lifestyle brands, including Hush Puppies and Keds.
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GalleryStore gallery: Nike places community at heart of King’s Road store
The opening of the Nike by King’s Road store ushers in a new era of Nike shops in the UK. The store forms part of the brand’s Nike Live concept, a smaller-format location focused on digital elements, localisation and rewarding its members.
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NewsAlibaba revenues fall short of estimates as further regulatory crackdown looms
Alibaba reported an increase in sales but a fall in income as annual active consumers across the world reached over 1 billion for the first time.
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NewsRetailers hopeful ‘pingdemic’ disruption has passed its peak
The ‘pingdemic’ that has hit retail and distribution staff availability, leading in some cases to empty shelves, looks as if it may be easing.
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NewsMarks & Spencer offers truckers £2,000 sign-up bonus to beat shortage
Marks & Spencer is to award HGV drivers a £2,000 sign-on bonus as it seeks to address a shortage of hauliers that has hit the retail industry.
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NewsJoules posts profit rise as ecommerce growth offsets store closures
Fashion retailer Joules has reported an increase in full-year profits, despite the closure of its store estate during Covid lockdowns.
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NewsGreggs serves up better-than-expected profits as sales climb
Food-on-the-go specialist Greggs expects higher full-year profits than expected after rebuilding sales in the first half.
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Retail VoiceFive ecommerce considerations for peak-season success
With the biggest retail period of the year almost upon us, being one step ahead of the competition is vital, says Lauren Hérouard, senior manager for client services marketplaces at ChannelAdvisor.
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NewsVery Group to resume paying dividends to Barclay family
The Very Group will restart dividends to billionaire owners the Barclay family after hitting pause on the payments for four years.
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NewsMorrisons suitor CD&R poised to kick off bidding war
Morrisons is bracing itself for a counter takeover offer this week as shareholder opposition mounts against Fortress’ £6.3bn bid.