All Retail Week UAT articles in June 2021 – Page 4
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NewsConcern mounts over private equity interest in grocers following failed Morrisons bid
Both Usdaw and the shadow minister for business and consumers have raised concerns about private equity ownership of UK grocers as takeover speculation mounts.
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AnalysisAnalysis: Why is retail directors’ pay prompting a shareholder backlash?
Following a big shareholder revolt over Morrison’s decision to award executive bonuses and with JD Sports also likely to be in the firing line, Retail Week looks at why executive pay is becoming increasingly contentious.
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NewsJohn Lewis faces fees backlash from brand partners
John Lewis has been blasted by third-party brands for the ‘ridiculous’ fees it charges to stock their products.
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NewsMorrisons spurns £5.5bn takeover approach from US private equity firm
Morrisons has rebuffed a shock takeover bid from a US buyout firm advised by former Tesco boss Sir Terry Leahy, a move that could spark approaches from rival bidders.
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DataData: The 50 best bosses to work for in the UK – according to employees
Three retail bosses made the list of the top 50 best CEOs to work for in the UK, according to Glassdoor’s 2021 Employee’s Choice Awards.
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NewsMorrisons rebuffs £5.5bn takeover bid from private equity firm CD&R
Morrisons has rejected a takeover bid from American private equity giant Clayton, Dubilier & Rice (CD&R).
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NewsTesco expands Whoosh one-hour grocery delivery to London and Bristol
Tesco has expanded its Whoosh one-hour delivery service to London and Bristol, as new boss Ken Murphy unveiled plans to make Tesco a more digital business.
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DataData: Retail sales jump in May but grocers hit by hospitality’s reopening
Retail sales rose in May as ecommerce sales drove growth but food stores suffered amid the reopening of hospitality venues.
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NewsTesco sales rise but growth ‘moderates’ as Covid restrictions ease
Tesco has posted an uptick in first-quarter sales but cautioned that growth “moderated” during April and May as Covid-19 restrictions eased.
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NewsM&S survey: Half of consumers say families ‘unrecognisable’ from 20 years ago
Changing views about families are creating new product opportunities and marketing considerations, research by Marks & Spencer has revealed.
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GalleryStore gallery: Sports Direct hails ‘new era’ with £10m Oxford Street revamp
Sports Direct has lifted the lid on its newest store concept on London’s Oxford Street as it accelerates its “elevation” strategy.
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NewsStaycation boom to drive sales through autumn, says Halfords boss
Halfords expects current performance to continue as foreign holidays look increasingly unlikely.
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NewsGrocers hit by availability issues as driver shortage bites
Grocers are facing availability issues and depleted shelves across fresh and ambient products as a shortage of HGV drivers continues.
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GalleryStore gallery: Primark extends to 14th market with first Czech store
Primark has opened its first ever Czech store on Prague’s Wenceslas Square.
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NewsHalfords drives profit growth as it accelerates transformation
Halfords has reported a strong full-year performance after increased demand for categories such as cycling, partly fuelled by the pandemic.
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NewsDr Martens’ sales and profits rise in IPO year
Footwear retailer and brand Dr Martens has reported increased sales and profits for the year that brought its IPO.
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NewsDriver shortage leading to rising food waste, Tesco warns
Tesco has revealed that a shortage of HGV drivers is adding to food waste.
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Opinion‘The lesson from Supreme is that retailers need more than customers – they need fans’
A tale of two fashion retailers. In May 2020, US company J Crew filed for chapter 11 bankruptcy protection. A few months later, Supreme was bought by VF Corporation for $2.1bn (£1.6bn).
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NewsGovernment gives retailers stay of execution with rent moratorium extension
The government has extended the commercial rent moratorium, preventing landlords from evicting tenants for failing to pay rent for another nine months.
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GalleryStore gallery: Luxury rental platform Rotaro’s colourful Carnaby pop-up
Premium womenswear rental platform Rotaro has launched a pop-up in London’s Carnaby Street in a bid to be closer to its community.