All articles by Hugh Radojev – Page 77
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AnalysisBillion-pound funds and energy targets – how Amazon, Asos and Ikea are marking Earth Day
On Earth Day, Retail Week looks at how some big-name retailers aim to act on sustainability.
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NewsFeelunique swings into profit off the back of strong sales
Pureplay beauty brand Feelunique has posted its first annual profit off the back of strong sales and customer growth.
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NewsIssa brothers’ Asda swoop sparks competition concerns
The Competition and Markets Authority (CMA) has raised competition concerns over the Issa brothers taking over Asda petrol forecourts – but has also opened the door to rubber-stamping the deal.
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GalleryFirst look: Amazon’s first-ever hairdressing salon concept to launch in London
US tech giant Amazon is set to open its first-ever Amazon Salon in east London, trialling some of its newest technology and stocking products from its new dot-com beauty hub.
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NewsUK retail footfall rebounds but pre-Covid comparisons highlight fragile growth
UK retail destinations all experienced a bounce when non-essential retail and some outdoor hospitality reopened, but weak pre-Covid comparisons show how far the industry still has to recover.
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NewsNike to crack down on retail partners in bid to curb reselling
US sportswear giant Nike has warned retail partners that it will cut supplies of limited-edition trainers in a bid to curb an upsurge in reselling.
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NewsEG Group swoops for £100m Leon acquisition
EG Group, the petrol forecourts business whose billionaire founders also own supermarket chain Asda, have snapped up food-to-go business Leon for £100m.
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DataData: How the pandemic has supercharged the warehouse space race
The closure of ‘non-essential’ stores because of the coronavirus pandemic and the associated surge in home delivery heralded record warehouse space expansion in 2020.
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NewsRetailers team up with government to launch #ShopKind campaign
Retailers including Tesco and B&Q have teamed up with various trade bodies, the Home Office, charity Crimestoppers and unions to launch a new campaign around staff abuse.
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AnalysisAnalysis: Five ways that W Galen Weston changed retail
Retail Week looks at how the entrepreneur and philanthropist built a transatlantic empire and changed the face of the industry.
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NewsDeliveroo hails strong performance in first update as listed business
Deliveroo has hailed a strong quarter with orders and gross transaction value across its platform both up in its first quarter as a listed company.
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NewsNaked Wines exceeds sales guidance as it seizes US opportunities
Pureplay wine specialist Naked Wines has hailed its performance over the last financial year, reporting it has exceeded sales guidance driven in particular by its US market.
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NewsAO hails ‘outstanding progress’ as sales and profits soar
AO.com has reported strong sales and expects profits for the year to be in line with market consensus after capitalising on “ the challenges and opportunities” presented by the pandemic.
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NewsThe Hut Group slips to full-year loss due to multiple ‘non-recurring’ costs
The Hut Group has incurred an operating loss for the last financial year due to a series of “non-recurring, non-cash events”, most notably linked to its IPO during the period.
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AnalysisAnalysis: How Tesco’s Clubcard revival opens up new horizons post-pandemic
Following a year fundamentally shaped by the coronavirus pandemic, Tesco boss Ken Murphy set out his vision for utilising the strength of the retailer’s Clubcard customer base to put clear water between the grocer and its competitors.
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NewsAsda to restructure in-store bakeries putting 1,200 jobs at risk
Grocery chain Asda is set to axe as many as 1,200 jobs as it looks to shake up in-store bakeries across its 341 UK supermarkets.
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AnalysisAnalysis: Co-op’s business rates return refusal – prudent or a PR disaster?
Another impressive set of annual results for the Co-op has been overshadowed by its decision to keep business rates relief. Group chief executive Steve Murrells explains the decision and claims it has the full backing of members.
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NewsMorrisons becomes first UK grocer to remove plastic bags from stores
Supermarket giant Morrisons has become the first grocery chain in the UK to completely eliminate plastic bags from its stores, a move it says will save 3,200 tonnes of plastic a year.
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NewsFrasers Group calls for inquiry into Peacocks deal
The Mike Ashley-led Frasers Group has called on MPs to launch an inquiry into the handling of the sale of fashion chain Peacocks to a group backed by former owner Philip Day.
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NewsGovernment faces criticism as it hints at Covid certificates in stores
Coronavirus certificates could be needed to enter some high street shops from this summer, the government has hinted, as Labour pledged to vote against any such plans.