All articles by Luke Tugby – Page 129
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AnalysisAnalysis: Tesco boss Lewis makes strides across strategic priorities
After steering Tesco to full-year profit and fourth-quarter sales growth, Dave Lewis insisted “we don’t at all think that the job is done”.
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NewsAvailable space in retail parks falls to lowest level since 2002
Available square footage in retail parks fell to just 5.9% during 2015, the lowest level since 2002, according to a new report unveiled today.
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AnalysisAnalysis: Eight things we learnt from Tesco’s full-year results
Tesco swung into profit and moved back into sales growth as it continued its turnaround. Here are eight things we learnt from its results.
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NewsTesco boss Lewis insists ‘the job is not done’ despite sales growth
Tesco boss Dave Lewis has insisted that the grocer’s job is far from done as he continues his bid to transform the business.
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NewsCo-op earmarks 300 larger stores for closure as it streamlines portfolio
The Co-op is stepping up its drive to streamline its store estate after the grocer earmarked hundreds of shops it plans to offload.
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NewsMusic revenues surge but digital subscriptions outstrip physical sales
Music sales grew at the fastest rate in almost two decades last year as digital subscriptions outstripped physical revenues for the first time.
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NewsAsda drafts in new creative agencies amid drive to reconnect with customers
Asda has drafted in new creative and media agencies as the embattled grocer bids to reconnect to its core customer base.
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OpinionOpinion: Fashion retailers should combat weather woes after March washout
Retailers would have been pinning their hopes on a sales boost from the earlier Easter, but some were instead left feeling under the weather.
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NewsTesco sells stake in Lazada to Alibaba as it sheds more non-core assets
Tesco is offloading part of its stake in South East Asian ecommerce platform Lazada to etail titan Alibaba for $129m (£90.5m).
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NewsSports Direct to open Flannels flagship at £108m Oxford Street site
Sports Direct has acquired a prime property on London’s Oxford Street to bring its Flannels.com fashion business to the capital.
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NewsScS losses narrow amid 'significant' growth in total order numbers
ScS has narrowed its half-year losses following “significant” improvements in total order numbers as its ecommerce platform gained traction.
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NewsAsos pre-tax profits rise as retail sales and mobile traffic surge
Asos has unveiled an 18% jump in half-year pre-tax profits as retail sales and mobile traffic soared during the period.
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NewsDarty board recommends cash bid from Steinhoff-owned Conforama
Steinhoff-owned Conforama’s acquisition of Darty has moved a step closer after the retailer’s board “unanimously” recommended its offer.
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NewsTesco prepares to sell off Dobbies Garden Centres and Harris + Hoole
Tesco is preparing to sell Dobbies Garden Centres and its Harris + Hoole coffee shop chain as it bids to dispose of more non-core assets.
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VideoThe Retail Week: M&S, Tesco and the difficulties merging bricks and clicks
In The Retail Week this week the team examines M&S boss Steve Rowe’s GM ambitions, looks ahead to Tesco’s full-year results and more.
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NewsRetail Diary: Asda's nightmare gnomes and Majestic Wine's Naked Ladies
Asda gives shoppers gnome nightmares, Naked Ladies get the green light at Majestic Wine and an 11 year old bags a Whole Foods deal.
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NewsCo-op boss hails momentum and refuses to rule out online grocery
Co-op boss Richard Pennycook has insisted “the momentum is with us” as he refused to rule out launching an online grocery proposition.
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NewsSainsbury’s ditches Brand Match scheme for lower everyday pricing
Sainsbury’s is scrapping its Brand Match scheme as it increases its focus on investing in lower prices on everyday items.
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NewsShop Direct group customer director Dene Jones exits etailer
Shop Direct group customer director Dene Jones has parted company with the business after two and a half years, Retail Week can reveal.
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NewsH&M first-quarter profits dented by warm weather and currency headwinds
H&M has posted a fall in its first-quarter profits as unseasonably warm weather and currency headwinds dented performance.