All articles by Hugh Radojev – Page 88
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NewsN Brown sales recovery driven by demand for homeware range
N Brown has reported a recovery in sales from its first-quarter nadir, hailing a resurgence in apparel sales and a surge in demand for its new homeware range.
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NewsTopps Tiles confident of turning a ‘modest’ profit following strong fourth quarter
Topps Tiles said it was confident of generating a “modest level of adjusted profit before tax” for the end of its financial year, following a strong fourth quarter of trading.
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NewsBoohoo sales and profits soar in first half
Boohoo has seen group revenues and profits soar in the first half of the year and said the momentum has continued into September, despite the fallout from the Leicester scandal.
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NewsRevo chief executive warns of £2bn retail rent blackhole
Revo’s chief executive has warned of the consequences of retailers not paying rents, saying landlords are facing a £2bn arrears blackhole that will have knock-on effects across the industry.
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AnalysisAnalysis: How Greggs and Hotel Chocolat are creating new recipes for success
With the coronavirus pandemic laying waste to once-thriving city centres and travel hubs across the UK, both Greggs and Hotel Chocolat offer insights into trading in the new normal
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AnalysisAnalysis: The discounters do digital
The discounters have lost share during the pandemic as more and more grocery shoppers switched to online. But digital moves are afoot at Aldi, Lidl and Poundland. Retail Week reports.
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NewsRetail industry decries ‘missed opportunity’ in Sunak’s winter economy plan
Retail membership organisations and stakeholders have said the chancellor has missed an opportunity to help the retail sector with his winter economy plan.
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NewsMorrisons unveils food box subscriptions to meet growing grocery delivery demand
Morrisons has launched home delivery subscription boxes for customers to keep up with the growing demand for grocery deliveries.
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NewsRishi Sunak unveils new support scheme to protect ‘viable’ jobs
Chancellor Rishi Sunak has unveiled his new job support scheme in Parliament, in a bid to stave off a spike in job losses once the current furlough scheme ends.
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EventsGrocers sales to benefit from hospitality curfews and working from home reversal
Grocery retailers are set to be the big winners from the latest round of government restrictions on hospitality venues, with sales settling in excess of 25% above pre-Covid levels.
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NewsAldi makes click and collect available to customers for first time
Discounter Aldi has rolled out its click-and-collect trial to its first store, making the service available to customers for the first time.
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VideoFace time: Iceland’s Richard Walker on retail’s plastic addiction
Iceland managing director Richard Walker tells Retail Week why it has recently published a full report into its plastic footprint, and gives his thoughts on Covid’s effects on Christmas and what the latest government wranglings mean for its Brexit preperations.
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NewsLovehoney chief executive steps down after 12 months
Lovehoney chief executive Sarah Warby has stepped down from her post for “family reasons” after just 12 months in the role, the retailer has confirmed.
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NewsPrivate equity firm Lone Star drops out of race to buy Asda
US private equity firm Lone Star has reportedly dropped out of the bidding war to purchase Asda, leaving asset manager Apollo as the leading suitor.
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NewsFace coverings to become mandatory for retail staff from this week
The prime minister has announced that all retail staff working in stores will need to wear face coverings from this week or retailers will face severe fines of up to £10,000.
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NewsRevo calls on government to cap business rates at 30% as part of consultation
Revo has called on the government to cap business rates at 30% and to extend support measures beyond April next year as the first part of the reform consultation period closes.
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NewsWalmart TikTok deal in doubt after Trump calls for US ‘total control’
US president Donald Trump has poured cold water on the mooted Oracle and Walmart takeover of TikTok, demanding the US companies have total control over the app.
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NewsPrime minister set to announce 10pm curfew for bars and restaurants
All pubs, bars and hospitality venues will be forced to close at 10pm across the UK from Thursday to help curb the spread of the coronavirus.
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NewsKingfisher ecommerce sales soar as Garnier praises ‘resilient’ results
B&Q owner Kingfisher has seen ecommerce sales soar in the first half of the year and pre-tax profits climb in what chief executive Thierry Garnier hailed as a “resilient” set of results.
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AnalysisAnalysis: Can retail survive a second national coronavirus lockdown?
As Covid restrictions tighten and the prospect looms of further ‘circuit breaker’ measures, Retail Week looks at how the industry would fare in a second lockdown.