All articles by Grace Bowden – Page 18
-
NewsB&M set to enter FTSE 100 as pandemic sales climb
B&M will bump ITV out of the FTSE 100 in a quarterly reshuffle as the discount retailer’s market value rose by nearly a quarter during the year.
-
NewsHomebase calls on The Hut Group to 'fast-forward digital plans'
Homebase has penned a 10-year partnership with The Hut Group’s technology arm to overhaul its ecommerce operations.
-
NewsDebenhams deadline for rescue bids looms
Debenhams has urged prospective bidders to formalise their offers today in a bid to secure the ailing department store’s future.
-
AnalysisHow Chinese giant Alibaba plans to take on Europe
Alibaba may be the world’s biggest retailer, but so far its efforts outside Asia have been lacklustre. But all that may be about to change. With a European distribution centre poised to open and an army of European influencers signed up, Alibaba is now firmly eyeing the West. Can it succeed?
-
NewsFenwick full-year losses widen as pre-pandemic sales slide
Fenwick has suffered widening losses and falling sales in a what is described as an “extremely challenging” year, Retail Week can reveal.
-
NewsGymshark surpasses £1bn valuation with fresh investment
UK sportswear brand Gymshark has secured unicorn status after a fresh fundraising round saw the company’s valuation pass £1bn.
-
NewsMike Ashley’s Frasers Group bids for DW Sports
Mike Ashley has reportedly launched a bid for former rival Dave Whelan’s collapsed sports chain DW Sports.
-
NewsTesco squares up to Amazon, lines up free delivery for premium members
Tesco boss Dave Lewis has said the grocer will add free delivery to its Clubcard Plus membership scheme in fightback against Amazon.
-
NewsDebenhams lines up Hilco amid liquidation contingency planning
Debenhams has appointed Hilco in the event that it does need to liquidate stock, but has stressed that this move is not imminent and would be a last resort.
-
NewseBay pledges to absorb digital tax for sellers
eBay has told its sellers they will not bear the brunt of the new digital services tax and the online marketplace will pay any additional tax.
-
AnalysisFour charts that show how shopper behaviour will change after the pandemic
Retail lockdown and the increased reliance on online retail has triggered a significant movement in how customers plan to shop in future.
-
NewsLakeland unveils succession plan as founding family step down
Lakeland has restructured its operating board as its owners the Rayner family step down from day-to-day running of the business, Retail Week can reveal.
-
GalleryStore gallery: Holland & Barrett unveils new ‘accessible wellness’ format
Holland & Barrett has launched a new concept store in Chelmsford, Essex, that offers a range of products and services to educate shoppers on their wellness needs.
-
NewsJohn Lewis focuses on staff wellbeing in own-brand supplier shake-up
John Lewis has launched a supplier engagement initiative called ‘Better Jobs’ that will focus on the job satisfaction of employees at its own-brand supply base.
-
GalleryStore gallery: Inside Nike’s first European House of Innovation
Nike has unveiled its third House of Innovation store and the first in Europe, on Paris’ iconic Champs-Élysées. Retail Week spoke to Nike’s Cathy Sparks about the opening.
-
NewsPets at Home reports ‘resilient’ first quarter as sales dip
Pets at Home has posted a fall in its first-quarter sales, which covered the period of lockdown, as boss Peter Pritchard hailed the business’ “inherent resilience”.
-
NewsAmazon profits double and sales surge in ‘highly unusual’ quarter
Amazon has doubled its income in its second quarter despite ploughing $4bn into Covid-19-related costs.
-
AnalysisAnalysis: Will mandatory face masks muzzle retail’s recovery?
Last Friday the government made face coverings mandatory for the public in all retail stores. Retail Week analyses what effect this will have on consumer confidence and economic recovery.
-
NewsSelfridges axes 450 roles as sales drop ‘significantly’
Selfridges will be cutting 14% of its headcount – around 450 jobs – in a move that managing director Ann Pitcher said was “the toughest decision we have ever had to take”.
-
NewsConsumer confidence holds steady despite mounting job losses
Consumer confidence held its position in July as shoppers’ trepidation about the economy was offset by increased optimism in their personal finances.