All articles by Hugh Radojev – Page 111
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VideoWatch: Tesco Christmas ad goes back to the future for centenary celebrations
Tesco has launched its festive advert, featuring a delivery driver and a trip through the years as the retailer celebrates its 100th Christmas.
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AnalysisAnalysis: Does challenger Takeoff Technologies threaten Ocado’s dominance?
The emergence of Takeoff Technologies, a grocery ecommerce pretender, has driven Ocado shares down and rattled investors. Retail Week looks at whether the new kid on the block could take the UK grocery pureplay’s delivery crown.
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NewsCarpetright accepts Meditor takeover offer
Carpetright has accepted a takeover offer from its financier Meditor and called on investors to back the bid as it seeks cash to repay debt and provide working capital.
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NewsAlibaba set for biggest equity capital raising of year in Hong Kong listing
Alibaba is set to kick off what would be the world’s biggest equity capital raising of the year so far, as it prepares for its second listing on the Hong Kong stock exchange.
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NewsBRC criticises Conservatives’ business rates proposals
The British Retail Consortium has said Conservative Party proposals on business rates must go further, after the Tories promised to extend the retail discount on business rates.
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NewsAsda sales drop as Walmart blames Brexit effect
Asda has posted a slight drop in like-for-like sales, which it has blamed on the ongoing political concerns over Brexit and consumer confidence.
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NewsNike cuts ties with Amazon to focus on direct to consumer
Nike has ended its long-term pilot programme with Amazon, as it looks to focus more on selling direct to consumer.
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NewsBritish Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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NewsMajority of Asda staff sign new contracts as grace period ends
Asda has said almost 120,000 staff have signed new contracts after a protracted battle with the GMB union that has drawn widespread political and media attention.
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NewsWest End to receive £2.9bn ‘rebirth’ fund
London’s Oxford Street and its surrounds are set to receive £2.9bn in additional investment by the end of 2022, which will “catalyse the birth of a new West End”.
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NewsLandsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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NewsMarket share growth slows as grocers gear up for Christmas
The grocery market saw growth slow over the last 12 weeks, as supermarkets across the UK began to gear up for the festive period.
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NewsBRC calls for next government to ‘empower retail’ in election manifesto
The BRC has unveiled its election manifesto, setting out how the next government can “support the industry as it navigates a transformation driven by new technology and changing consumer behaviour”.
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VideoWatch: Sainsbury’s Christmas builds on retailer’s 150th anniversary story
Sainsbury’s festive advert for this year builds on the grocer’s 150th anniversary and a tongue-in-cheek origin story for the creation of St Nicholas.
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NewsDeliveroo launches new click-and-collect service for restaurants
Deliveroo has unveiled a new click-and-collect service to allow customers to pick up food at participating restaurants through its app.
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NewsGreggs profit expectations heat up as sales soar
Greggs’ profit expectations have been upgraded as total group and managed shops like-for-like sales soared.
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NewsLidl targets 1,000 stores as pressure grows on big four
German discounter Lidl is eyeing rapid store expansion as it looks to ramp up the pressure further on its big-four supermarket rivals.
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NewsFootfall declines again as autumn rain keeps shoppers away
The number of people visiting bricks-and-mortar stores across the UK fell again in October, according to the latest footfall figures.
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NewsAlibaba ramps up team as it eyes UK high street expansion
Chinese ecommerce giant Alibaba is building up a retail team as it eyes a possible move on to the British high street.
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NewsClintons to close stores and slash rents in survival bid
Clintons has been forced to reach out to landlords to seek concessions on store closures and rent cuts, as the greetings card chain becomes the latest high street retailer to suffer.