All Retail Week UAT articles in July 2021 – Page 7
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NewsMorrisons: Government seeks assurances over Fortress takeover bid
Ministers will push for a crunch meeting with Morrisons’ senior leadership to seek assurances over its potential acquisition by US private equity firm Fortress.
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Retail VoiceFive reasons why diversity matters in negotiation
A new study on negotiation confirms the importance of gender diversity in the workplace, says head of retail at The Gap Partnership Freddy Burgess.
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NewsSainsbury’s and Ocado bosses warn of ongoing driver shortage impact
Sainsbury’s boss Simon Roberts has warned of availability issues until the end of the year, while Ocado has revealed it has seconded logistics staff to help suppliers to avoid disruptions.
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AnalysisAnalysis: Would Majestic owners Fortress be a good fit for Morrisons?
Since Fortress’s £6.3bn offer for Morrisons was recommended to shareholders on Saturday, the private investment giant has become the favourite to take over the grocer. Retail Week looks at what kind of owner Fortress would likely be.
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NewsSainsbury’s raises profit forecast as performance ‘better than expected’
Sainsbury’s has upgraded its profit outlook as it makes “good progress against the plan to put food back at its heart”.
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NewsOcado pens deal with Spanish grocer as sales soar
Ocado has announced a partnership with Spanish grocer Alcampo to develop its online business.
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NewsShops call for clarity as face mask regulations set to be lifted on July 19
Shops have warned of the risk to workers if face masks are no longer legally required later this month.
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Retail VoiceWhy identity is critical to retail’s big reset
Understanding your customer will be vital as retailers move from survival to sustainability, says Ian Lowe, director of solutions, marketing, EMEA at Okta
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Opinion‘Acquisitive brands are betting big and betting early on emerging trends’
The pace of change in retail has never been greater, driven by the twin factors of rapidly evolving consumer behaviour and technological developments.
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VideoFace time: PwC’s predictions for Christmas 2021
Kicking off Christmas in July, Retail Week executive editor George MacDonald speaks to PwC’s Lisa Hooker on the golden quarter ahead
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Opinion‘Morrisons chiefs would not turn their backs on principles to do a wrong deal’
As far as statements of intent by would-be buyers go, particularly private investors, Fortress’ words carried some big commitments about what sort of owner of Morrisons it would be.
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NewsAsda poaches KFC executive as chief customer officer
Asda has hired KFC executive Meghan Farren as its new chief customer officer.
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NewsGymshark founder Ben Francis takes the reins as global sales soar
The 29-year-old founder says he is ready to step into the top job at the company he founded a decade ago, and believes Gymshark could be the UK’s answer to Nike and Adidas.
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NewsRetail bosses demand new laws to protect workers from violence
Chief executives from 100 of the UK’s largest retailers have written directly to the prime minister urging him to support a law to tackle violence and abuse against store staff.
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NewsJohn Lewis unveils plans to build 10,000 rental homes
Department store chain John Lewis has announced plans to move into the residential property market, unveiling plans to build 10,000 new rental homes over the next few years.
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NewsMorrisons braces for bidding war after accepting £6.3bn takeover
Rival private equity firms are reportedly considering tabling rival bids for UK grocer Morrisons after it accepted a £6.3bn takeover yesterday.
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Future LeadersWhat can retailers do to meaningfully support transgender customers and employees?
Pride Month may be over, but the work needed to create real change is not. Retail Week analytical journalist Eleanor Smith asks, if equality isn’t contentious, why are trans identities?
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Retail VoiceAutomation is the easiest way to boost your business
Higher productivity and better customer service are just two of the benefits of increased automation, says Chakradhar “Gooty” Agraharam, VP and commercial head, EMEA, for Cognizant’s digital business operations’ IPA practice
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NewsMorrisons agrees £6.3bn sale to Majestic Wine owner
US investment giant Fortress is to acquire Morrisons in a deal said to recognise the grocer’s unique characteristics, long-term strategy and responsibilities to stakeholders.
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NewsExclusive: House of Fraser staff faced with zero-hours contracts ultimatum
Department store chain House of Fraser is understood to have put staff into consultation over a switch to zero-hours contracts in a decision that could potentially affect thousands of roles.