All articles by Hugh Radojev – Page 108
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AnalysisAnalysis: Department store Darwinism – how the fittest thrive
Department stores have suffered a dismal few years. Once-loved names such as Debenhams and House of Fraser are in the emergency room after their administrations and profits have evaporated at bellwether John Lewis.
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NewsChristmas footfall fell as Black Friday bought trading forward
Retail footfall declined in December as Black Friday and Cyber Monday sales in November brought Christmas trading forward.
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NewsJoules boss blames spreadsheet error for festive availabilities crisis
The boss of fashion brand Joules has blamed an error on a spreadsheet for the availabilities issue that cratered online sales over the festive period and forced the retailer to warn on profits for the year.
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NewsKohl’s boss defends Amazon returns tie-up after ‘disappointing’ festive trading
The chief executive of US department store chain Kohl’s has defended its tie-up on returns with ecommerce giant Amazon following a torrid holiday trading period.
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NewsLidl Christmas sales soar as non-food bucks sector trend
Lidl saw sales soar over the Christmas period as customer footfall increased and its general merchandise offering bucked the wider downward trend.
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NewsJoules issues profit warning off the back of ‘disappointing’ Christmas period
Joules has issued a profit warning following a torrid Christmas trading period driven by stock availability issues.
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NewsFortnum & Mason delivers ‘excellent’ Christmas results as sales spike
Fortnum & Mason has delivered what it called an “excellent” set of Christmas results, with all sales channels experiencing growth.
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NewsGame set to close stores as it calls on landlords to be 'realistic' about rents
Game has said it intends to close 40 stores across the UK unless it can renegotiate rents with landlords as it blamed a “challenging retail market”.
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NewsNaked Wines hails ‘good performance’ over Christmas as Gormley departs
Naked Wines has reported it had a “good performance” over Christmas with strong underlying revenue growth, as its founder and chief executive retires with immediate effect.
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NewsTesco sales inch up as it hails growth in ‘subdued UK market’
Tesco has reported slight increases in both total and like-for-like sales and a fifth consecutive Christmas of growth in what it described as a “subdued UK market”.
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NewsBRC: 2019 was ‘worst year on record’ for retail sales
Total sales for 2019 were the “worst on record” as the retail sector limped to the end of the year when Black Friday distortions were taken into account.
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NewsGreggs to rollout delivery nationwide after successful trials
High street baking chain Greggs has confirmed it will roll out food delivery nationwide towards the end of this year, as it seeks to capitalise on changing customer behaviours and successful trials in 2019.
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AnalysisAnalysis: How can retailers stem the returns avalanche?
As the glow of the golden quarter begins to dim, retailers face a surge of returns. What can they do to keep the spiralling cost of processing returns down?
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NewsSupermarket sales fall flat as golden quarter fails to fizz
Supermarket sales growth for the 2019 golden quarter was the slowest since 2015 as a decline in the sale of traditional festive staples and a political hangover hit food retailers.
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NewsRetail park to be converted to warehouses for ecommerce
A north London retail park has been acquired by the world’s largest warehouse company in a landmark deal that will see it converted into space for fulfilling online deliveries.
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NewsCarrefour completes acquisition of lunch delivery service Dejbox
French supermarket giant Carrefour has completed the acquisition of a start-up that delivers lunches to office workers in a bid to expand its grocery ecommerce offering.
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AnalysisWhy can’t Tesco, Sainsbury’s and Morrisons make it work overseas?
While the likes of the German discounters and US giant Walmart seem to be going from strength to strength in overseas markets, UK grocers are in worldwide retreat. Retail Week analyses why and whether or not they are missing a trick
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NewsData: Shoppers spent £2bn on Christmas gifts during Black Friday
The struggling UK retail sector may not get the Christmas sales boost it desires, as new research shows many customers did the majority of their festive shopping during the Black Friday sales.
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NewsNew Look reshuffles top brass as Oddy named chief executive
New Look has reconfigured the makeup of its senior leadership team, appointing Nigel Oddy as its new chief executive as well as naming a new non-executive chair.
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NewsSports Direct blames Harrods for Milton Keynes HoF closure
Sports Direct has blamed Harrods for the closure of its Milton Keynes House of Fraser, which will see the loss of 172 jobs just before Christmas.