All articles by Grace Bowden – Page 14
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NewsBoots poaches TSB chief marketing officer to bolster personalisation drive
Boots has snapped up TSB’s marketing boss Pete Markey to lead marketing across its UK and Ireland businesses.
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AnalysisAnalysis: Why would JD Sports want to buy Debenhams?
JD Sports has emerged as the frontrunner to acquire Debenhams and exclusive talks to buy the struggling department store business are underway.
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AnalysisAnalysis: Let’s be honest, has Covid killed the shop?
Over the past week three big stores based retailers - Debenhams, Arcadia and Bonmarche - have all gone bust. Although unsustainable stores were only part of the problem for these long-term struggling businesses, they contributed to their demise.
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NewsWatch: Sports Direct unveils first-ever Christmas advert
Sports Direct has launched its first-ever Christmas advertising campaign, which head of elevation Michael Murray says is the first step in a “new look” for the retailer.
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NewsTopshop owner Arcadia in talks to secure £30m loan
The Arcadia group led by Sir Philip Green is understood to be urgently seeking fresh funding after the second national lockdown in England put paid to its recovery plans.
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NewsJD Sports mulls Debenhams rescue bid
JD Sports has emerged as a prospective bidder for the Debenhams and is understood to be running due diligence on the business.
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NewsStores might never reopen if lockdown extended, retail bosses warn
More than 60 high street bosses have signed a letter calling for the lockdown in England to not be extended beyond December 2.
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VideoWatch: Sainsbury’s Christmas ads focus on food and family in uncertain times
Sainsbury’s is launching a trio of Christmas adverts this year focusing on family and nostalgia as the UK heads into an uncertain festive season.
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AnalysisData: Why do retailers rank so poorly for social mobility?
Just two retailers – the Co-op and Superdrug – rank in the top 75 best employers for social mobility. Why is the sector failing to pull its weight?
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NewsAlibaba Singles’ Day sales surpass $70bn, spurred by luxury
Alibaba posted record sales of $74bn (£56bn) for its annual Singles’ Day Sales event, which this year was extended beyond the usual one day of deals.
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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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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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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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NewsIn pictures: Fenwick unveils Newcastle Christmas window to 250,000 online
More than 250,000 viewers streamed the unveiling of Fenwick’s Christmas window at its Newcastle flagship.
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InterviewInterview: Very boss Henry Birch – ‘If it’s not a record peak, I’m resigning’
If you were compiling a list of retailers that are doing better today than they were two years ago, it probably would not be a very long one.
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NewsTravis Perkins poaches Asda exec to helm digital transformation
Travis Perkins has snapped up long-standing Asda executive Phil Tenney to take up the role of chief information and technology officer, Retail Week can reveal.
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NewsChancellor Sunak extends furlough scheme until March
Chancellor of the exchequer Rishi Sunak has announced that the government’s job retention scheme will be extended until the end of March.
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NewsN Brown taps up investors for £100m fundraising as half-year profits fall
N Brown has launched a £100m fundraise to accelerate its strategy alongside reporting a decline in interim profits and sales.
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NewsMike Ashley fails to match Debenhams price tag and retracts offer
Mike Ashley is out of the running to acquire Debenhams after refusing to match the £300m price tag for the beleaguered department store chain.