All articles by Hugh Radojev – Page 117
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NewsMoss Bros to trial premium service in bid to revive hire business
The chief executive of Moss Bros has said that the menswear retailer will be launching a “premium rental service”, as it bids to turn around its flagging hire business.
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AnalysisAnalysis: How retailers are combating climate change
As millions globally protest about the accelerating climate crisis, we look at how retailers are playing their part in addressing one of the most pressing problems facing humanity.
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NewsSports Direct says JD Sports probe could impact major brands
Sports Direct has said that the Competition and Markets Authority’s (CMA) investigation into rival JD Sports’ acquisition of Footasylum could have implications for the wider sector, by restricting supply and increasing prices.
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NewsRetail sales in August dip, finds ONS
Retail sales fell slightly in the month of August, despite an otherwise healthy summer of spending, according to the latest figures from the Office for National Statistics.
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NewsEve Sleep issues profit warning as Simba merger talks collapse
Mattress in a box specialist Eve Sleep has issued a profit warning and canned talks over a proposed merger with rival Simba.
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NewsIceland to launch ‘plastic free Christmas’ range
Iceland is to unveil a dedicated plastic-free Christmas range for the golden quarter as it seeks to drive forward the retail industry’s sustainability agenda.
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NewsOcado explores accelerating M&S product transition
Ocado is looking to bring forward the date from when it will begin stocking Marks & Spencer products on its website, but to do so would require the agreement of existing partner Waitrose.
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AnalysisAnalysis: How low can Aldi go on margin?
While trumpeting another successful year, Aldi’s annual results showed steep downturns in both operating and pre-tax profits, as it slashed prices amid ferocious competition. Retail Week looks at how low Aldi can afford to go on margins, and what that means for the wider grocery industry.
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NewsAldi boss: Ecommerce to deliver £100m of sales by end of year
The chief executive of Aldi has hailed the “strong progress” being made by the discounter’s ecommerce business, saying it will deliver £100m of sales by the end of the year.
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AnalysisAnalysis: Retail rents – how low can you go?
The wave of CVA activity this year has seen retailers begin to demand comparative rent cuts from landlords. Retail Week analyses whether rents will come down across the board.
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NewsFootfall suffers ‘downwards trajectory’ in late summer
UK retailers suffered a tough end to the summer, as footfall continued its “downward trajectory” with little sign of the trend reversing soon.
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NewsArcadia reports massive losses as scale of group’s problems revealed
Arcadia posted large losses and sales fell, while costs occurred from its battle with landlords bit into profitability, its latest full-year accounts disclose.
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VideoWatch: Can Flannels clean up for Sports Direct?
As Sports Direct opens its long-awaited Flannels flagship on Oxford Street, the team debate if the £10m store is a wise investment or an expensive distraction from the group’s much-publicised problems.
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GalleryIn pictures: Inside Flannels’ new Oxford Street flagship
Flannels has opened its Oxford Street flagship store today, showcasing its new design concept and luxury brands.
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NewsBoohoo raises full-year guidance after ‘strong revenue growth’
Fast-fashion etailer Boohoo has grown faster than expected this year and expects sales to exceed previous guidance.
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NewsQuiz expects return to profit despite tough summer trading
Fashion retailer Quiz has said it expects to return to profitable growth in the medium term, despite reporting tough trading over the summer months.
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AnalysisAnalysis: How the St James centre will realign Edinburgh retail
The developers behind the new Edinburgh St James shopping centre believe that once completed, the scheme will put the city’s retail offering on the world stage. Retail Week explores how the scheme is playing a part in a wider realignment of the city’s traditional retail hubs.
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NewsBRC savages £16m Brexit training fund as ‘too little, too late’
The British Retail Consortium has said the government’s pledge of £16m to help businesses – including retailers which export to the EU – train staff to make customs declarations is “too little, too late”.
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NewsArcadia departure places further pressure on Green
A long-time lieutenant of Sir Philip Green’s has quit as a director of Arcadia, piling more pressure on the businessman as he looks to break up the group.
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NewsCourt hears Ashley wants to ‘eliminate’ Debenhams as rival
Sports Direct boss Mike Ashley wants to “eliminate a competitor” by backing a legal challenge to Debenhams’ CVA, the High Court heard.