All articles by George MacDonald – Page 43
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NewsAO focuses on cash generation as sales fall
Electrical goods etailer AO.com has posted a fall in sales and said it would focus on cash generation in turbulent market conditions.
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NewsFormer John Lewis fashion boss joins Nickolds at Sainsbury’s
A former senior member of the John Lewis leadership team has joined Sainsbury’s as it seeks to build its non-food operations.
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NewsAmazon slips into loss as productivity becomes focus
Online giant Amazon has reported a quarterly loss - its first since 2015 - as torrid trading conditions took a toll.
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AnalysisAnalysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
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NewsNaked Wines posts sales rise as business improvements bear fruit
Specialist retailer Naked Wines has posted an increase in full-year sales and expects results to be in line with expectations after it beat customer retention expectations.
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NewsGove hits pause button on M&S Marble Arch redevelopment plans
Communities secretary Michael Gove is expected to order a pause on Marks & Spencer’s plans to knock down its Marble Arch flagship so the plan can be scrutinised further.
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InterviewInterview: Farmison founder John Pallagi on bringing farm-to-fork meat to the people
Think of top-quality bread and Le Pain Quotidien might come to mind. When it comes to premium chocolate, Hotel Chocolat and its single-estate treats. But what springs to mind with beef?
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InterviewInterview: Mike Yorwerth – the tech chief putting digital Sparks into M&S
When Mike Yorwerth joined Marks & Spencer at the start of last year, the retailer had made a definitive switch towards a digital-first model after the Covid pandemic sparked a shopping shift online.
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NewsMarks & Spencer launches spring/summer lines on rental platform Hirestreet
Marks & Spencer has introduced a range of new season womenswear on specialist platform Hirestreet in its latest tie-up with the rental platform.
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NewsMarks & Spencer cuts prices of everyday foods as cost of living climbs
Marks & Spencer has reduced the prices of 60 staple foods in its Remarksable Value range as consumers’ cost of living soars.
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NewsCo-op targets 50% online growth in challenging year to come
The Co-op aims to notch up 50% online sales growth this year as it bolsters its multichannel operations.
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NewsCo-op profits plunge as supply chain disruption takes toll
The Co-operative Group has reported a steep fall in annual profits after its performance was hit by “food supply chain disruption during system transformation”.
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NewsBoots extends Price Advantage scheme to online and more products
Health and beauty giant Boots has bolstered the number of products available to members of its Price Advantage loyalty programme and launched it online.
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AnalysisDeep dive: How the cost-of-living crisis will hit retailers and their customers
Retail Week explores the impact of the current world crisis on each customer and business and asks what, if anything, can be done.
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Opinion‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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GalleryStore gallery: Marks & Spencer opens Goodmove activewear pop up
Marks & Spencer has opened a pop-up store to showcase its Goodmove athleisure brand.
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OpinionThe big debate: Is Iceland right to roll back on its palm oil promise?
As the price of sunflower oil soared following Russia’s invasion of Ukraine, Iceland has reverted to the use of palm oil in some of its products – something the retailer has been resolutely against since 2018. Retail Week’s Rosie Shepard and George MacDonald debate whether that was the right decision.
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DataCost of living shapes grocery shopping habits as sales fall
The soaring cost of living is increasingly affecting food shoppers’ spending habits as punishing inflation replaces the pandemic at the front of consumers’ minds.
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NewsIceland brings back palm oil as Ukraine war sends food prices higher
Frozen food specialist Iceland is reluctantly using palm oil again in some own-brand products as the Ukraine war has sent the price of the alternative, sunflower oil, rocketing.
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NewsMarks & Spencer rolls out Jaeger to more stores and overseas
Marks & Spencer is to roll out Jaeger, the fashion brand it acquired out of administration last year and relaunched, to more UK shops and international markets.