All articles by Hugh Radojev – Page 62
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NewsTM Lewin tumbles into administration as homeworking takes toll
Menswear retailer TM Lewin has tumbled into administration for a second time since the pandemic began, blaming working from home for lack of demand.
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AnalysisAnalysis: How Primark, Morrisons and Hotel Chocolat are serving up food and beverage innovations
As coronavirus restrictions have lifted, retailers have looked to in-store dining to bolster footfall and drive both store and online sales. But what are the challenges and opportunities presented by in-store dining in a post-pandemic world?
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NewsTesco launches exclusive frozen range with Italian restaurant chain Zizzi
Tesco has launched an exclusive at-home dining range with Italian restaurant chain Zizzi.
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NewsMorrisons finance boss Gleeson departs following takeover
Morrisons chief financial officer Michael Gleeson is stepping down from the business following its takeover by US private equity firm Clayton, Dubilier & Rice (CD&R).
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NewsLush stores remain open in Russia as Uniqlo U-turns and suspends operations
Lush stores will continue to operate under a longstanding franchise partner with a Russian licensee, despite the ethical retailer halting supplies and online sales in the country.
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NewsM&S boss Rowe steps down as Machin and Bickerstaffe take reins
Marks & Spencer chief executive Steve Rowe is stepping down from the business after six years and will be replaced in the top job by food boss Stuart Machin.
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NewsGreggs boss Whiteside refuses to rule out price rises as inflation deepens
Greggs boss Roger Whiteside has said it would be “irresponsible” to rule out further price rises on products and warned inflation could hit 6% or 7% this year as ingredients and energy prices skyrocket.
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Opinion‘As Lidl overtakes the Co-op, grocery’s established order could be set for a shake-up’
As Russia’s invasion of Ukraine heaps further pressure on global supply chains and commodity prices, Aldi and Lidl could permanently shift UK grocery’s established order, writes Hugh Radojev.
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NewsHotel Chocolat on a high as profits outstrip sales growth
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
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NewsSainsbury’s puts 2,000 jobs at risk as it overhauls eat-in and takeaway offer
Sainsbury’s will close 200 of its in-store cafes, putting 2,000 roles at risk, as it looks to roll out more of its Restaurant Hub food hall formats.
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DataData: Lidl leapfrogs Co-op as food inflation hits fastest rate in nearly a decade
Both Aldi and Lidl’s grocery market share surged in February as spiralling food inflation hit its fastest rate of growth since late 2013.
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AnalysisAnalysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
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NewsTesco and Gorillas extend rapid delivery partnership to Manchester
Tesco has expanded its rapid delivery partnership with Gorillas into the north of England, fulfilling customer orders from its Stretford Extra store.
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NewsAshley slams ‘unfit for purpose’ UK corporate governance after Studio acquisition
Frasers Group boss Mike Ashley has lashed out at both the previous management of Studio and the UK’s corporate governance regime after saving the floundering fashion retailer.
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DataData: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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NewsLondon businesses unveil multibillion West End regeneration plan
The Heart of London Business Alliance (HOLBA) has unveiled its West End 2027 plan to rejuvenate the capital’s premier shopping district.
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NewsUpdated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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NewsBoots to sell lateral flow tests for £5.99 after government scraps free testing
Boots will begin selling single lateral flow tests to customers from £5.99 from February 23, after the government announced it was scrapping free testing.
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NewsOcado eyes new French partners following Casino joint venture
Ocado has struck a joint venture with partner Groupe Casino that means it can offer its technology to other grocers in France and pick from the group’s stores.
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NewsWaitrose relaunches customer loyalty programme after doubling investment
Waitrose is set to relaunch its myWaitrose loyalty programme after doubling investment in the scheme, calling it “our biggest initiative to add value” for customers in a decade.