All articles by Hugh Radojev – Page 63
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InterviewInterview: How Ikea’s property arm Ingka Centres is reinventing physical retail
As Ikea’s small-format store in Hammersmith prepares to open its doors next week, Retail Week sits down with Cindy Andersen – boss of the retailer’s sister company and property firm Ingka Centres – to discuss the new concept and how the Covid-19 crisis has reinforced its strategic shift to multi-purpose spaces.
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NewsCowgill hits back after JD Sports and Footasylum fined almost £5m by CMA
JD Sports has accused the Competition and Markets Authority (CMA) of using “inflammatory language” and reaching misleading conclusions after it handed down a nearly £5m fine to the retailer and Footasylum.
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GalleryStore gallery: Poundland launches new large-format store to focus on fresh food
Poundland has opened its first large-format store, offering more fresh food in a bid to attract cash-conscious customers to do their weekly shops with the discount chain.
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NewsBoots suitors given until end of the month for fresh bids
Prospective bidders for Boots have been given until the end of the month to place first-round bids in the £7bn battle shaping up for the health and beauty retailer.
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NewsJohn Lewis raises hopes of restoring staff bonus after bumper Christmas sales
The John Lewis Partnership has reignited hopes that it will restore its staff bonus after “fantastic” Christmas sales led it to smash its £100m annual profit target.
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NewsWatches of Switzerland sets sights on Europe after domestic sales soar
Watches of Switzerland has expanded into the European market after delivering a strong period of sales growth driven by a “thriving domestic clientele”.
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AnalysisAnalysis: Aldi vs Lidl – which discounter will take the edge in grocery’s next price war?
In the wake of the 2008 global financial crisis, Aldi and Lidl’s sales soared as cash-strapped customers switched. With the UK now facing the worst cost-of-living crisis in 30 years, which of the discounters is best placed to benefit?
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DataData: Online sales to jump £20bn by 2025 amid shift to permanent home working
The shift to permanent home working sparked by the coronavirus pandemic is expected to add a further £20bn to online retail sales by 2025.
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NewsCo-op Food boss Jo Whitfield to step aside for four-month career break
The Co-op’s food boss Jo Whitfield will step away from the business for four months late this year in order to “support her family”.
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NewsOcado boss downplays effects of food inflation on online grocery sales
Ocado boss Tim Steiner has said the pureplay grocer has been largely immune to the inflationary price rises gripping the industry and downplayed risks to sales.
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NewsAsda makes budget ranges promise after anti-poverty campaigner complaints
Asda will ensure its budget Smart Price and Farm Stores ranges will be available at all of its 581 stores and online after complaints from anti-poverty campaigner Jack Monroe.
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NewsTesco promotes chief people officer to Republic of Ireland boss
Tesco has promoted from within for the new boss of its Republic of Ireland business and for the first time they will also be a member of the grocer’s executive team.
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NewsVirgin Wines blames rising cost pressures as it issues profit warning
Virgin Wines has blamed a host of macroeconomic factors, including spiralling inflationary and other cost pressures, after issuing a profit warning.
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GalleryStore gallery: Walmart unveils new ‘interactive store’ format as part of redesign programme
Walmart has unveiled what it is calling an “interactive store” format, which it is testing at its Store 4108 incubator location in Springdale, Arkansas.
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DataData: Grocery sales fall as shopping patterns normalise amidst looming price battle
Grocery sales in January fell as customers returned to pre-pandemic shopping patterns in the face of looming food price inflation.
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NewsChanges to Tesco overnight shifts put more than 1,400 jobs at risk
Tesco has announced changes to overnight roles in some convenience and supermarket stores that will put more than 1,400 roles at risk.
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NewsCo-op and M&S team up to help launch corporate diversity pledge
The Co-op and Marks & Spencer have teamed up with recruitment firm PageGroup to launch a new corporate pledge aimed at “moving the dial on diversity” in 2022.
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NewsTesco closes Jack’s stores and cuts counters putting 130 jobs at risk
Supermarket giant Tesco has said it will be axing its short-lived Jack’s store format and cutting hundreds of counters, putting 130 jobs across the business at risk.
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Opinion‘Now is the time for Ocado to deliver on its promise after latest tech revolution’
Last week Ocado’s chief executive Tim Steiner unveiled a host of upgrades for the retailer’s Smart Platform. Nearly a decade after the grocer first styled itself as a tech platform, now is the time for Ocado to walk the walk, says Hugh Radojev.
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NewsOcado unveils ‘game-changing’ suite of online grocery tech innovations
Ocado has unveiled a new suite of technological innovations that boss Tim Steiner says “have literally shattered through existing rules” around grocery home delivery