All articles by Hugh Radojev – Page 74
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AnalysisAnalysis: Why is retail directors’ pay prompting a shareholder backlash?
Following a big shareholder revolt over Morrison’s decision to award executive bonuses and with JD Sports also likely to be in the firing line, Retail Week looks at why executive pay is becoming increasingly contentious.
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NewsTesco expands Whoosh one-hour grocery delivery to London and Bristol
Tesco has expanded its Whoosh one-hour delivery service to London and Bristol, as new boss Ken Murphy unveiled plans to make Tesco a more digital business.
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NewsGrocers hit by availability issues as driver shortage bites
Grocers are facing availability issues and depleted shelves across fresh and ambient products as a shortage of HGV drivers continues.
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NewsGovernment gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.
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NewsCompetition watchdog greenlights Issa brothers’ Asda takeover
The Competition and Markets Authority (CMA) has greenlit the Issa brothers and TDR Capital takeover of Asda, allowing the new owners to push forward with their new strategy for the grocery giant.
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NewsAsda and Co-op partner with Unilever on refillable packaging trials
Both Asda and the Co-op are partnering with Unilever on a new refillable packaging trial, featuring some of the FMCG giant’s biggest brands.
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DataData: 84% of retail staff say pandemic has damaged their mental health
A new survey has found that the mental health of retail staff has been among the worst affected by occupation in the UK, with issues around burnout and financial pressures particularly prevalent.
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AnalysisAnalysis: What will it take to win the rapid-delivery grocery race?
Since the start of the pandemic, the number of rapid delivery grocery startups has exploded. Who will win the race to corner this emerging market?
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NewsJD Sports braced for shareholder revolt over ‘inappropriate’ Cowgill bonus
JD Sports is bracing itself for a possible shareholder revolt after paying bonuses to senior staff such as Peter Cowgill despite refusing to refund millions in government support.
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NewsDFS and Dunelm founders recognised in Queen’s Birthday honours list
DFS founder Lord Kirkham and Dunelm founder Bill Adderley have both been recognised in the Queen’s Birthday honours list, alongside six other retailers.
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NewsTed Baker losses deepen as Covid hampers turnaround
Fashion retailer Ted Baker has reported deepening losses and falling revenues in its full year results, leading to the board deciding against paying out a dividend.
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AnalysisAnalysis: Why the Tesco-Carrefour partnership failed to meet expectations
As Tesco and Carrefour bid one another adieu, Retail Week examines why the alliance failed and what it means for international partnerships more widely
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NewsExclusive: Tesco to axe international wholesale business
UK grocery giant Tesco is set to axe its international wholesale business, which exports its own-brand range to partners across the globe.
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NewsJohn Lewis poaches Tina Mitchell from Co-op as new Waitrose retail director
John Lewis has poached Tina Mitchell from the Co-op as its new retail director, to lead on offering customers a “world-class service” in Waitrose stores.
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NewsOcado loses High Court case over urban distribution centre in North London
Ocado has lost a High Court challenge over the opening of a distribution and storage centre near a primary school in North London.
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NewsTesco and Carrefour to sever partnership after three years
Global grocery giants Tesco and Carrefour have decided to end their buying partnership, that was meant to lower prices and offer greater product choice for consumers, after just three years.
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NewsRetailers urge the government to extend credit insurance scheme
UK retailers are calling on the government to extend the scheme that guarantees trade credit insurance amid fears they could be unsupported when it ends.
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NewsGetir triples valuation after latest $550m fundraising round
Turkish on demand delivery startup Getir has raised $550m in its latest fundraising round and tripled its valuation to $7.5bn as it reportedly eyes a stock market listing.
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AnalysisAnalysis: Summer staycation boom means sun can shine on retail sales
With the removal of Portugal from the government’s green travel list, Retail Week analyses just how big a boost this could be for UK retail
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NewsCBI urges government to extend support for businesses struggling to pay rent
The Confederation of British Industry (CBI) has urged the government to extend the moratorium on commercial evictions for businesses below 30% of normal levels.