All Retail Week UAT articles in January 2022 – Page 7
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NewsAshley’s Frasers Group circles Footasylum
Tycoon Mike Ashley’s Frasers Group is thought to have tabled an offer for Footasylum, which JD Sports has been ordered to sell by the competition authorities.
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NewsBoxing Day footfall down as Omicron nervousness takes hold
Boxing Day shopper numbers were steeply down on a two-year basis as consumer caution about the spread of the Omicron variant prompted many to stay at home.
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NewsWaitrose teams up with Mindful Chef for recipe box pilot
Waitrose has launched a co-branded recipe box partnership with Mindful Chef in what it said was a UK supermarket first.
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NewsShoppers seek bargains as Asos anticipates high Boxing Day demand
Sixteen million shoppers across the UK are expected to hit the Boxing Day sales this year, with consumers predicted to spend an average of £136 per person on the day.
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NewsSupply chain tsar Lewis urges UK infrastructure overhaul
Former Tesco chief executive and government supply chain tsar Sir Dave Lewis has said the emergence of the Omicron variant has exposed the need for major change to avert further crises.
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NewsSelfridges sold to Thai-Austrian joint venture in £4bn deal
Luxury department store chain Selfridges has been sold by the Canadian Weston family to a joint venture between a Thai retailer and an Austrian property company for an estimated £4bn.
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NewsIceland boss urges vaccination as staff absence rises
Iceland managing director Richard Walker has encouraged people to get vaccinated as the number of staff forced to take time off in the latest wave of the Covid-19 pandemic climbed.
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Opinion‘Five key themes will drive success in fashion and retail in 2022’
Given its exposure to the ebbs and flows of Covid-19, the fashion industry has been a useful bellwether for the wider retail landscape.
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NewsFrasers director leaves over conflict of interest concerns
One of Frasers Group’s non-executive directors is to leave after just a few months in the post.
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NewsAsda strike looms in the New Year as union votes for formal ballot
Asda is facing the looming prospect of a strike by distribution warehouse staff in the New Year, after workers voted to move to a formal strike ballot.
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NewsLandsec ups stake in Bluewater as retail values and rents stabilise
Institutional landlord Landsec has upped its stake in shopping centre Bluewater and agreed to sell a share to co-owner M&G as Covid continues to stabilise retail values and rents.
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Opinion‘This Christmas may not be normal but it will still be merry, thanks to retailers’ prowess’
Asked about the outlook for Christmas, retailers always like to reply: “It will be on December 25.”
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NewsMarks & Spencer hires digital product chief to boost omnichannel strengths
Marks & Spencer has appointed its first chief digital product officer as it seeks to bolster its digital capabilities.
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NewsHush profits soar as Covid lockdowns fuel online sales surge
Hush has posted a surge in profits and sales after online revenues boomed during the first year of the coronavirus crisis.
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NewsWalmart accused of dumping 1 million toxic items into landfill every year
US retail titan Walmart has been accused of illegally dumping more than 1 million toxic items into landfills every year.
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NewsMissguided secures rescue deal from Alteri Investors
Alteri Investors has acquired a 50% stake in the struggling online fashion retailer Missguided, giving the brand the liquidity needed to ride out the ongoing supply chain crisis.
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DataData: Weekend footfall slumps as Omicron dampens last-minute Christmas sales
Surging cases of the Omicron variant have hit retail footfall and dampened any hopes of a sales surge on the last weekend before Christmas.
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NewsGrocery bosses fear staff shortages as Omicron cases soar
Food industry leaders have warned the surge of Omicron cases in the UK could lead to staff shortages, cancelled deliveries and store closures during the crucial Christmas and new year trading period.
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NewsMike Ashley mulls taking Frasers Group off the stock market
Frasers chief executive Mike Ashley is reportedly preparing to take the company private following a period of strong growth for the group’s brands.
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NewsAmazon teams up with Barclays to launch ‘buy now, pay later’ service
Amazon has partnered with Barclays to offer its UK customers a new buy now, pay later service.