All Retail Week UAT articles in December 2022 – Page 2
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NewsUK retailers braced for subdued run-up to Christmas as footfall drops
UK retailers are braced for a subdued run-up to Christmas as the combined cold weather and rail strikes saw footfall to retail destinations drop last week.
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NewsTesco facing UK lawsuit over F&F working conditions in Thailand
Supermarket giant Tesco is facing a lawsuit in the UK from Burmese migrant workers who claim they were used by F&F suppliers as slave labour in Thailand.
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NewsOne third of UK consumers to cancel holidays next year as they brace for recession
A third of UK consumers are set to cancel holidays and home improvement projects in 2023, as discretionary income continues to erode and the country faces the prospect of a long recession.
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Opinion‘Greater discounting drove Black Friday sales for retailers getting the balance right’
Price reductions need to be significant to lure shoppers at present and managing value perceptions and profitability is a tough line to walk, says Alvarez & Marsal’s Erin Brookes
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Opinion'Retail’s 12 gifts of Christmas to customers and the country'
Retailers have once again pulled out all the stops to look after consumers during 2022 – a year when customers and companies alike have laboured under burdens such as soaring inflation and the disruption following Russia’s invasion of Ukraine. George MacDonald celebrates the retail industry’s fantastic contribution
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Retail VoiceFour ways retailers can ‘venture’ successfully
New Venturing, the process of designing, developing and delivering a new product or service beyond the core business, is an exciting proposition. Agile Retail’s’ Marcus Fox examines how retailers can create these new departures with the best chances of success
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NewsAmazon workers vote to strike at Coventry warehouse in UK first
Amazon workers at a depot in Coventry will go on strike over pay in the new year after voting in favour of industrial action in a historic ballot.
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NewsMatalan founder Hargreaves tables last-ditch bid to retain control
Matalan founder John Hargreaves has lodged a final offer for the clothing chain in a last-ditch bid to retain control of the business.
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Innovation of the WeekInnovation of the Week: Lush opens Lounge for stressed-out shoppers
Innovation of the Week is a subscriber-only series highlighting retail initiatives that have caught the eye of our analysts
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NewsIkea UK sales jump as post-pandemic customers invest more in their homes
Ikea’s UK sales jumped 13% as customers looked to invest more in their homes, both in store and online, post-pandemic.
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NewsAsda chair Rose urges ‘thoughtfulness’ on strikes
Asda chair Lord Stuart Rose has spoken out about the wave of strikes engulfing the country and advised “thoughtfulness” on all sides as confrontation continues.
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NewsNovember retail sales rise by value but volumes fall, official data shows
Retail sales increased by value last month but volumes declined, the latest ONS data revealed.
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NewsUK consumer confidence inches up despite warning of ‘tough road ahead’
UK consumer confidence inched up two points in December but remains at record low levels as retailers warned of a tough road ahead.
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AnalysisCurrys boss Baldock on a tale of two markets – a Nordic slump vs UK resilience
Currys chief executive Alex Baldock painted a picture of starkly different markets as he unveiled the retailer’s interim results
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NewsH&M share price slumps despite sales jump
H&M’s share price has taken a hit despite sales jumping 10% and coming in slightly ahead of predictions.
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NewsExclusive: Loaf names Sam Perkins chief executive as founder Marshall takes up brand role
Furniture specialist Loaf has appointed former In The Style boss Sam Perkins as chief executive as founder Charlie Marshall steps aside, Retail Week can reveal.
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NewsAsos appoints new non-executive director in board reshuffle
Embattled pureplay fashion retailer Asos has appointed a former Amazon executive to its board as it looks to push ahead with its recently unveiled 12-month turnaround plan.
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NewsCurrys issues profit warning as international business nosedives
Electricals giant Currys has issued a profit warning after margins were squeezed by discounting rivals, leaving its international business floundered.
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AnalysisResearch: Tesco, Amazon and Aldi leaders reveal 2023 customer strategies
Tesco UK chief executive Jason Tarry, Amazon UK country manager John Boumphrey and Aldi UK managing director of buying Julie Ashfield have spoken about their 2023 customer strategy in a major new Retail Week report.
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NewsM&S poaches Boohoo director to head up menswear
Boohoo’s Mitch Hughes is to become Marks & Spencer’s new director of menswear.