All articles by Luke Tugby – Page 33
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NewsSainsbury’s boss Coupe to tackle ailing toys and gaming sales
Sainsbury’s boss Mike Coupe has hinted that the retailer could reduce its exposure to the challenged toys and gaming categories following a turbulent Christmas.
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NewsJohn Lewis sales buoyed by start of Clearance
John Lewis & Partners has posted an uplift in sales as the first full week of its Clearance Sale drove its top line.
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NewsMorrisons ‘missed’ Black Friday halo effect at Christmas, says Potts
Morrisons boss David Potts admitted the grocer “missed” the halo effect of holding a Black Friday promotion before Christmas after rowing back from the discount frenzy.
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NewsDebenhams and HMV to close swathe of stores this month
Debenhams and HMV will both shutter stores this month as the retailers grapple with rising rents and business rates.
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NewsCVAs ‘delay inevitable failure’, research suggests
Company voluntary arrangements (CVAs) are delaying “inevitable future failure” rather than helping businesses secure longer-term futures, new analysis suggests.
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NewsAldi hails ‘strong’ Christmas as sales pass £1bn
Aldi has toasted a spike in Christmas sales as it wooed “more customers than ever before” during the festive period.
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NewsTesco fires fresh price salvo as shoppers tighten purse strings
Tesco has launched a fresh wave of price cuts as it bids to build sales momentum at the start of the new year.
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NewsRetailers report subdued Christmas spend as footfall plummets
Retailers registered tough trading during December as footfall declined throughout the crucial post-Christmas period.
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NewsOnline returns set to spike on ‘Takeback Thursday’
Returns of online purchases are set to spike today as shoppers seek refunds or exchanges on unwanted Christmas gifts.
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NewsMusic sales hit highest level since 2006 but CDs plummet
Music sales hit their highest level since 2006 in the UK last year, despite sales of physical CDs continuing to plummet.
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NewsReliance takes on Amazon and Flipkart with JioMart launch
Indian retail giant Reliance Industries has launched an ecommerce platform to challenge Amazon and Walmart-owned Flipkart in its homeland.
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GalleryIn pictures: M&S takes the food fight to Sainsbury’s in Hedge End
Southampton is slowly establishing itself as an unlikely hotbed for retail reinvention.
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NewsChristmas Eve suffers sluggish start after manic Monday
Footfall to retail destinations slumped during Christmas Eve morning following a spike in shopper numbers on Monday.
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NewsJohn Lewis sales slump in last full week before Christmas
John Lewis & Partners has suffered a slump in sales during the last full week before Christmas as retailers bank on a late festive shopping surge.
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NewsJD Sports insists Footasylum deal ‘will benefit consumers’
JD Sports has insisted its £90m takeover of rival Footasylum “will benefit consumers” as it wrestles to convince competition watchdogs of the merits of the deal.
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NewsSuning to open 10,000 stores in 2020 in £4.4bn expansion splurge
Chinese retail titan Suning has revealed plans to open 10,000 new stores and create 8,000 jobs next year as part of an ambitious RMB 40bn (£4.4bn) expansion strategy.
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NewsConsumer confidence buoyed by post-election bounce
Consumer confidence rallied in December as the Conservative Party’s election victory boosted shopper sentiment about the UK’s economic future.
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NewsThe White Company profits rise in ‘turbulent’ year
The White Company has posted an uplift in full-year profits as investments in IT and its infrastructure helped it navigate the “turbulent retail environment”.
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VideoReview of the year: What changed retail in 2019?
It has been another 12 months of change in the retail sector. The Retail Week team looks back on 2019 and selects some of the landmark moments and trends that characterised the year and will likely shape the industry in 2020 and beyond.
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AnalysisFrom horsemeat to the Crystal Methodist: most memorable moments of the decade
Retail Week looks back at the most groundbreaking retail stories of the 2010s.