All articles by Hugh Radojev – Page 85
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NewsNext partners with Morrisons on collect and returns ‘pods’
Fashion giant Next has partnered with grocer Morrisons to trial new collect and return ‘pods’ in two supermarket car parks.
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NewsClarks creditors approve CVA opening door to new investment
Clarks’ creditors have approved the company voluntary arrangement proposal it launched earlier this month, allowing it to move the majority of its stores to turnover-based rents and opening the door for external investment.
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NewsRetail sales boosted in October as Christmas shopping starts early
Customers looking to buy Christmas presents before the second lockdown started in England earlier this month helped boost retail sales for the sixth straight month.
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NewsAldi extends Deliveroo trial as discounter ramps up online capacity
Aldi is accelerating its move into grocery home delivery by expanding its existing trial with Deliveroo to nearly 130 stores.
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NewsConsumer confidence slips to six-month low as coronavirus restrictions tighten
UK consumer confidence fell to its lowest ebb since the spring as coronavirus restrictions tightened, leaving one in three hospitality businesses wondering whether they will survive.
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NewsRising clothing and food prices push inflation higher
Increases in the cost of both clothing and food prices pushed the UK inflation rate to higher-than-expected levels last month.
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NewsOnline sales soar as golden quarter spending moves early and online
Ecommerce sales in the UK had their strongest year-on-year growth since June as golden-quarter spend was brought forward and much of the UK was plunged back into lockdown.
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NewsAsda sales rise as Christmas spending is brought forward
Asda has posted an increase in sales during its third quarter as demand for “key Christmas products” was brought forward.
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NewsWalmart sells majority stake in Japanese supermarket chain Seiyu
US retail giant Walmart has sold its majority stake in Japanese grocery chain Seiyu for $1.6bn, continuing its retreat from international markets.
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NewsGreggs makes 820 redundancies as new lockdowns hit business
Food-to-go giant Greggs has made 820 redundancies across the business with boss Roger Whiteside warning the “battle with Covid hasn’t gone away”.
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NewsRetail rages over government store closure guidance
Retailers have been left angry and confused by the government’s handling of second lockdown store closures, after its guidance on mixed essential and non-essential retail was published late.
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AnalysisAnalysis: Simon Roberts’ new vision for Sainsbury’s future
Four months into his new role as Sainsbury’s chief executive, Simon Roberts has unveiled his strategic vision for the grocer and its stable of brands.
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AnalysisLockdown 2.0: The new regulations and how they affect your business
With England set to be plunged into a second lockdown from midnight tonight, Retail Week highlights the changes in the new government guidance and what they might mean for your business.
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NewsJohn Lewis to axe further 1,500 jobs in head office shake-up
Department store chain John Lewis has announced plans to cut a further 1,500 jobs between now and April, in a bid to create a “more flexible” head office.
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NewsIceland swings to profit as pandemic buying sends sales skyrocketing
Sales at Iceland surged in the six months to September as consumers shopped locally and stocked up on frozen food.
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AnalysisData: The retailers expanding and retreating from high streets in 2020
New data compiled by the Local Data Company charts both the toll the coronavirus crisis has taken on many UK retailers but also highlights the categories that are proving more resilient.
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NewsFortnum & Mason poaches new chief executive from Matchesfashion
Fortnum & Mason has appointed Matchesfashion’s executive Tom Athron as its new chief executive, replacing Ewan Venters.
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NewsSadiq Khan calls for business rates holiday extension
London mayor Sadiq Khan has written to housing secretary Robert Jenrick calling for an extension of the business rates holiday for retail and hospitality businesses in the capital.
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NewsPrimark profits and sales battered by coronavirus store closures
Primark has posted falls in both its full-year profits and sales blaming the closure of its store estate during the third quarter in a bid to stem the spread of the coronavirus.
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NewsSteiner: Ocado acquisitions could pave way for move into new sectors
Ocado chief executive Tim Steiner says the group’s acquisition of two robotics firms could pave the way for the grocery pureplay to move into the general merchandise and fashion sectors in future.