All articles by Hugh Radojev – Page 68
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NewsRetailers report spikes in demand as shoppers drag festive spend forward
Anticipated supply issues this festive season are driving consumers to shop earlier this year and forcing retailers to respond. Retail Week looks at how the likes of Tesco, Selfridges and Hotel Chocolat are preparing their supply chains for Christmas coming early.
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NewsFormer Tesco boss Dave Lewis picked as supply chain tsar by Johnson
Former Tesco chief executive Sir Dave Lewis has been hand-picked by Boris Johnson to be the government’s new supply chain adviser.
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VideoWatch: Feed the Nation campaign wins Outstanding Contribution to Retail Award
Despite playing in what is usually one of the most fiercely competitive markets in global retail, UK grocers put aside their rivalry and worked together to Feed the Nation – a monumental effort that should never be forgotten.
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AnalysisRetail Week Awards 2021: The winners
With character and courage: How retail faced the Covid-19 crisis
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AnalysisAnalysis: Why Ken Murphy believes Tesco will thrive in its ‘next chapter’
Alongside a bumper set of results, Tesco boss Ken Murphy set out his stall for post-pandemic growth. Retail Week analyses his new strategic priorities.
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NewsScS back in the black after ‘strong recovery’ from the pandemic
Furniture and flooring specialist ScS has hailed a “strong year of recovery” after returning to profitability and reporting soaring sales.
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NewsHotel Chocolat reports soaring sales as online strategy pays off
Hotel Chocolat has reported profit before tax ahead of market expectations and rising sales as its online capital investment strategy helped insulate it from rolling store closures.
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NewsGreggs upgrades profit expectations as sales jump
Food-to-go specialist Greggs has upgraded its full-year outcome as both in-store and online sales jumped in the third quarter despite ongoing supply chain issues.
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NewsLeahy returns to grocery as Morrisons board gives green light to CD&R deal
Morrisons’ board has recommended acceptance of private equity group CD&R’s takeover offer, marking a likely return to grocery for former Tesco chief executive Sir Terry Leahy.
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AnalysisAnalysis: The solutions retailers are putting in place to navigate the supply chain crisis
A shortage of HGV drivers, increased Brexit red tape, not enough warehouse staff, high freight costs and a shortage of food-grade CO2. It feels that, from week to week, the supply chain issues facing UK retail have only piled up further, posing big questions for the industry.
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NewsDeliveroo targets rapid grocery market with launch of Hop with Morrisons
Deliveroo has waded into the growing rapid grocery delivery market with the launch of the Hop service with supermarket chain Morrisons.
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NewsH&M profits inch up as pandemic store closures drag on performance
Swedish fashion giant H&M has reported growth in both revenues and profits – but it flagged that international coronavirus restrictions continued to slow its growth.
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NewsBoohoo revenues rise but profits fall as market share in UK and US doubles
Fast-fashion giant Boohoo has seen its profits and sales soar compared to pre-pandemic levels, as its market share in both the UK and the US doubled.
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NewsAldi to launch checkout-free trial in Greenwich store
German discount giant Aldi has chosen a store in Greenwich as the site of its first checkout-free concept trial after reaffirming its bricks-and-mortar growth focus earlier this week.
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NewsQuiz losses deepen as sales plummet due to pandemic store closures
Fashion retailer Quiz has reported deepening losses as rolling store closures due to pandemic restrictions hammered its revenues.
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NewsNext upgrades outlook as profits and sales soar beyond pre-pandemic levels
Next has reported significant increases in both full-price sales and profit before tax compared with 2019 levels and has upgraded its full-year profit guidance.
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NewsAldi boss promises ‘business as usual’ at Christmas despite driver shortage
Aldi boss Giles Hurley has promised customers it will be “business as usual” over the festive period despite the ongoing squeeze on supply chains being caused by the chronic lack of HGV drivers.
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AnalysisAnalysis: As Morrisons downsizes online, is the ecommerce food binge over?
Morrisons is scrapping store picking for online grocery deliveries from 50 of its supermarkets – a move that raised many an eyebrow following the rapid surge in ecommerce demand during the Covid-19 pandemic.
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NewsSainsbury’s rolls out ‘first of its kind’ in-store lunch stand trial
Grocery giant Sainsbury’s has partnered with Wasabi, Leon and Itsu on a new range designed to make “lunchtime easier” for customers working from home or the office.
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DataData: The UK cost-of-living crisis and what it means for retailers
UK consumers are facing an almost unprecedented perfect storm of issues driving up inflation and restricting public confidence in the economy.