All articles by Hugh Radojev – Page 113
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DataOne in five shoppers to spend less at Christmas
One-fifth of customers are likely to spend less money with retailers at Christmas this year due to uncertainty around the December general election and Brexit, exclusive Retail Week research has found.
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NewsAsda contract row: Fewer than 1,000 staff yet to sign new deals
Asda has claimed that fewer than 1,000 of its staff are yet to sign new contracts and hit back at “misinformation” surrounding the number of undecided employees.
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NewsEx-Sainsbury’s boss urges VAT increase to save high street
Former Sainsbury’s chief executive Justin King has said business rates for retailers should be halved and VAT increased to 22% in a bid to save the flagging high street.
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NewsSelfridges opens second-hand clothing boutique
Selfridges has partnered with a clothing resale website to open a permanent second-hand resale space at its Oxford Street flagship.
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NewsLidl makes 'significant steps' on plastic and food waste reduction
Lidl has said it has reduced its plastic footprint and food wastage per store significantly over the last two years.
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VideoWatch: Argos puts catalogue at heart of Christmas ad
Argos has centred its Christmas advertising campaign around its catalogue for the first time in a decade.
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NewsJLP extends click-and-collect network to third parties
John Lewis Partnership has expanded its click-and-collect distribution network to third party retailers, starting with a trial collaboration with Boden.
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NewsTesco and Co-op bosses set out plans to save the high street
Dave Lewis and Steve Murrells have co-written an article setting out a “two-part shake-up” to business rates that they say will “save the high street”.
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NewsGovernment must fix ‘broken’ business rates system, say MPs
A Treasury committee report has called on the government to fix the “broken” business rates system as it is outpacing inflation and places a greater cost on high street shops than online businesses.
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NewsHarrods to open first standalone beauty store at Intu Lakeside
Harrods is set to open its first standalone beauty store at the Lakeside shopping centre in Essex, as it looks to take advantage of the downturn in the fortunes of department stores.
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NewsCarrefour unveils Uzbekistan expansion plans
French retail giant Carrefour has unveiled plans to open seven stores in Uzbekistan over the next two years.
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NewsSports Direct criticises CMA over ‘inaccurate’ supply estimates
Sports Direct has lashed out at the CMA for publishing “inaccurate estimates” of its access to product as part of the watchdog’s phase two investigation into the JD Sports-Footasylum merger.
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NewsNext in-store sales fall but profit expectations remain unchanged
Next has reported a fall in full-price sales from stores but saw a big upturn in online sales in its third quarter, ensuring that its profit expectations for the year remain unchanged.
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AnalysisAnalysis: How Westfield is beating the shopping centre downturn
The owner of Westfield London and Stratford reported an increase in sales and footfall over the first nine months of 2019. Retail Week looks at how Westfield is beating the wider shopping centre malaise.
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NewsSchuh swings to loss after second ‘extremely challenging’ year
Schuh fell to a loss for the financial year, with the retailer blaming a “second consecutive year of extremely challenging conditions” in the sector.
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NewsAsda to increase basic pay as contract dispute goes to the wire
Asda has said it will increase the basic pay of its hourly-paid staff next April, as its dispute with thousands of its staff over their failure to sign new contracts rumbles on.
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AnalysisAnalysis: How Nike’s new boss will accelerate its digital transition
Last week it was announced that Nike’s long-term chief executive Mark Parker would be stepping down from the brand to be replaced by John Donahoe. Retail Week analyses what Donahoe will bring to the role and what his appointment says for Nike’s shifting priorities.
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NewsLidl to spend £25m on electric vehicle charging points at stores
Lidl has said it plans to spend more than £25m installing rapid charging points for electric vehicles at 300 stores by 2022.
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NewsTK Maxx full-year profits and sales soar
TK Maxx has reported upturns in both total sales and gross profit for the financial year as it continued to open new stores across the UK.
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NewsAmazon’s third-quarter profits fall
Amazon has reported a fall in its third-quarter profits, the first time the ecommerce giant has suffered a drop in earnings for over a year.