All articles by Hugh Radojev – Page 75
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NewsTesco faces £2.5bn bill after staff win equal pay dispute
Grocery giant Tesco is facing the prospect of a £2.5bn bill after the European Court of Justice backed thousands of current and former shopfloor workers in a mammoth equal pay lawsuit.
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DataData: Oxford Street – Europe’s hardest hit high street by Covid
New data has found that of Europe’s six biggest retail high streets, Oxford Street has suffered the most from lost footfall and consumer spend.
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NewsEG Group hails strength of foodservice business as first-quarter profits rise
EG Group has hailed the growth of its foodservice business after delivering increased profits in the first quarter.
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NewsExclusive: Tesco wades into on-demand grocery war with one-hour Whoosh service
Tesco has launched a new rapid delivery service as it lays down the gauntlet to on-demand grocery rivals like Deliveroo.
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AnalysisLocation, location, location: where retailers will need stores in a post-Covid world
Retail Week analyses the toll taken on retail destinations over the past 15 months, how they will fare in future and what plans all stakeholders – from local authorities to retailers and landlords – have put in place to bounce back or build momentum.
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NewsIncidents of violent retail crime soar as industry calls on government to act
Incidents of violent crime against retail staff were on the rise even before the pandemic, as the BRC calls on Westminster to follow Scotland’s lead and legislate against it.
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DataData: Grocery sales and basket sizes fall as lockdown impact unwinds
Take-home grocery sales and average basket sizes both fell in May as lockdown restrictions eased further and the vaccination roll-out continued.
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AnalysisAnalysis: How retailers and landlords can avoid a post-rent moratorium bloodbath
The increasingly controversial rent moratorium is scheduled to end on June 30, Retail Week looks at proposals being discussed to avoid another high street bloodbath.
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NewsPret a Manger trials first-ever stores on petrol forecourts
Food-to-go specialist Pret a Manger has partnered with petrol-station operator Motor Fuel Group (MFG) to trial its first-ever forecourt stores.
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NewsRetail sales surge in April after non-essential stores reopen
Retail sales volumes rose sharply in April, which reflected the effect of easing coronavirus restrictions and the reopening of all ‘non-essential’ retail.
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NewsNext boss Lord Wolfson set to chair Reiss
Lord Wolfson is set to be the next chair of Reiss, following Next’s purchase of a 25% stake in the retailer earlier this year.
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NewsUK proposes new food checks in the Irish Sea from October
The UK is planning to introduce phased border checks on food products in the Irish Sea from October this year.
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NewsUK retail and hospitality sectors face labour shortage due to Covid and Brexit
The UK’s retail and hospitality employers are struggling to find staff as lockdown lifts due to the combined effects of the coronavirus and Brexit.
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NewsUK consumers to spend £2.5bn as indoor hospitality reopens
UK consumers are predicted to bring a much needed boost to the high street by spending billions of pounds in the first week of indoor hospitality.
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NewsFarfetch revenues soar after ‘tremendous start to 2021’
Farfetch reported strong growth in both revenues and gross merchandise values in what the luxury specialist’s boss called a “tremendous start to 2021”.
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NewsThe Works sales slide as coronavirus restrictions take toll
The Works revised its internal profit forecast earlier in January after store closures during the year tanked sales.
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InterviewInterview: Asda strategy boss Preyash Thakrar on turning supermarkets into retail destinations
Having unveiled a flurry of recent in-store partnerships with the likes of The Entertainer, B&Q and Greggs, Asda’s chief customer officer tells Retail Week why the grocer is leaning so heavily into collaboration.
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NewsSainsbury’s launches Carluccio’s trial with three store-in-store formats
Sainsbury’s is set to launch three new Carluccio’s store-in-store concepts, representing the casual-dining brand’s first foray into supermarket retail partnerships.
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NewsNew Look boss looks to the future after winning landlord legal battle
New Look boss Nigel Oddy has said Monday’s favourable high court ruling will allow the retailer to put the fraught legal fight with some of its landlords behind it and focus on rebuilding for the future.
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NewsGreggs upgrades profits after strong post-lockdown sales recovery
Food to go specialist Greggs has reported strong recovery in sales as the UK’s coronavirus restrictions have eased, saying profits for the year could be in line with 2019.