All articles by Hugh Radojev – Page 4
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AnalysisWhy even the mighty Amazon couldn’t crack the UK grocery market
Amazon has called time on Fresh, its bricks-and-mortar grocery c-store chain. Retail Week analyses why the format never caught on in the UK and what it means for Amazon’s grocery ambitions in one of the world’s most competitive markets.
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NewsAmazon to shutter all Fresh stores putting hundreds of jobs at risk
Retail giant Amazon is set to close all 19 of its UK grocery Fresh stores putting some 250 jobs into consultation, Retail Week can reveal.
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NewsKingfisher hails performance of B&Q and Screwfix as it upgrades profits
Kingfisher has singled out its strong UK performance across both B&Q and Screwfix as it upgraded its full-year profit guidance.
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NewsBRC warns government against further tax rises in autumn Budget
The British Retail Consortium has warned the government against any further tax rises on retailers in the coming autumn Budget, saying any such moves risks “losing the battle against inflation”.
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NewsAll remaining Bodycare stores to close as administrator fails to find buyer
All 57 remaining stores of embattled health and beauty retailer Bodycare are set to be shuttered before the end of the week after administrators Interpath failed to find a buyer for the chain, Retail Week can reveal.
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NewsAsda unveils ‘one of the largest technology deals in retail’ with Microsoft
Supermarket chain Asda has unveiled a new AI and cloud computing tie-up with Microsoft, which it called “one of the largest technology deals in UK retail”.
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NewsDebenhams reshuffles non-executive board
Debenhams Group has announced that it has appointed Tom Handley to its board of independent non-executive directors, after Alistair McGeorge stepped down earlier today (Friday, September 19).
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NewsAsda doubles size of internship programme for young people with additional needs
Supermarket giant Asda has announced a major expansion of its internship programme for more than double the size and number of job placements being offered.
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NewsRituals ups Christmas recruitment drive for ‘big push’
Health and beauty retailer Rituals is ramping up its Christmas recruitment drive this year, as it prepares for a “big push” this peak season, Retail Week can reveal.
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NewsSuperdry boss targets up to 12 new format stores in the UK
On the day Superdry opened its first new format location in Nottingham, boss Julian Dunkerton told Retail Week he would like to open another dozen of the stores in the UK.
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NewsTemu accused of paying ‘negligible’ tax in the UK despite ‘enormous sales’
Temu’s UK arm has been accused of not paying corporation tax in the UK for two years despite enjoying “enormous sales” in the region, Retail Week can reveal.
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NewsDeliveroo CEO to step down after DoorDash deal completes
Deliveroo founder and chief executive Will Shu is set to leave the business, once the £2.9bn acquisition of the delivery firm is completed by DoorDash.
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NewsMorrisons marks eleventh consecutive quarter of growth
Morrisons has reported an uptick in group like-for-like sales and an eleventh straight quarter of growth, despite the “challenging” consumer environment.
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NewsMoonpig credits AI and product personalisation for ‘strong start to the year’
Online greetings card retailer Moonpig has credited its growing suite of AI services and product personalisation for its “strong” start to the financial year.
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NewsShein launches brand incubator Xcelerator in the UK
Fast fashion brand Shein has launched its global brand incubation programme Xcelerator in the UK.
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NewsPoundland pauses store closure programme
Poundland has announced that it has paused its store closure programme, following the implementation of its restructuring and recovery plan.
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NewsQuiz records double digit sales growth after restructuring
Scottish fashion brand Quiz has reported double digit sales growth in July and August, after completing what it called a “wide-reaching operational streamlining strategy” of the business.
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NewsFood inflation inches down but customers still cling to value
Food inflation dipped in August, but value remains at the forefront of customers’ minds as the UK headed back to school.
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NewsWhole Foods Market losses deepen as sales decline
Whole Foods Market has recorded deepening losses for its UK operations, as revenues took a sharp downturn.
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NewsOcado shares slide as Kroger takes ‘hard look’ at future of tie-up
Shares in pureplay grocer and technology firm Ocado dropped as markets opened on Friday, after major international partner Kroger said it would take a “hard look” at its automated warehouses.