All articles by Luke Tugby – Page 37
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VideoIs Coupe’s strategy enough to get Sainsbury’s back on track?
As Sainsbury’s boss Mike Coupe unveils his strategic “tweaks”, the Retail Week team ask whether evolution rather than revolution will get the grocer firing on all cylinders again.
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AnalysisAnalysis: Sainsbury’s Coupe sets out new five-year manifesto
“I wouldn’t consider this to be a plan B”, Sainsbury’s boss Mike Coupe said as he lifted the lid on the grocer’s strategic update today.
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NewsSainsbury’s second-quarter sales dented by Argos
Sainsbury’s has hailed “improved sales momentum” during its second-quarter despite challenging trading at Argos weighing on its top line.
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NewsCo-op launches app to drive ‘digital future of convenience’
The Co-op has launched a new smartphone app that will push personalised deals to its millions of members.
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NewsTesco launches own-label Plant Chef range
Tesco has launched a new own-brand range of plant-based products, as the grocer leans into what it has called the “biggest culinary trend of the decade”.
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VideoWhy Next's boss thinks no-deal Brexit will mean lower prices
As Next unveils its half-year results, the team discuss boss Lord Wolfson’s assertion that the clothing retailer would be able to cut prices by 2% in the event of a no-deal Brexit.
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NewsJD Sports’ £90m Footasylum deal faces full competition probe
JD Sports’ £90m swoop on high street rival Footasylum is facing an in-depth probe from the competition authorities.
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NewsNext profits boosted by growth in full-price sales
Next has posted an uptick in half-year profits as it hailed strong growth in full-price sales and its online business.
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NewsGrocers call for VAT cut to offset post-Brexit price rises
Some of Britain’s biggest grocers have urged ministers to cut VAT in the event of a no-deal Brexit, to help them protect shoppers from price rises.
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NewsH&M to sell third-party brands in strategic shift
H&M is to pilot selling products from external brands as it plots moves to compete more directly with the likes of Asos and Zalando.
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NewsMike Ashley swoops on Hertfordshire retail park in cut-price deal
Sports Direct tycoon Mike Ashley is poised to add a retail park in Hertfordshire to his growing list of acquisitions.
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NewsForever 21 vows to keep ‘vast majority’ of US stores
Forever 21 has vowed to continue operating “the vast majority” of its US stores despite suggestions it is about to file for bankruptcy.
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NewsTopshop losses balloon to £500m as sales tumble
Topshop and Topman have slumped to a loss of more than half a billion pounds after suffering a fall in sales and booking a raft of one-off charges.
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AnalysisAnalysis: How the Co-op plans to weather the Brexit storm
At a time when Brexit uncertainty and sluggish consumer confidence are taking their toll on the high street, the Co-op has turned in another sterling set of financial figures.
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AnalysisAnalysis: How the latest Brexit twists will hit retail
Believe it or not, it’s been just 48 days since Boris Johnson moved into 10 Downing Street after succeeding Theresa May as Prime Minister.
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NewsNaked Wines shareholders approve Majestic sale
Naked Wines shareholders have rubber-stamped plans to sell the Majestic Wine business to US private equity firm Fortress.
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NewsM&S hires ex-Tesco Clubcard boss to ramp up digital and data drive
Marks & Spencer has hired the former boss of Tesco’s Clubcard loyalty scheme as it ramps up efforts to “substantially” grow its data teams and become a “digital-first” business.
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NewsSupermarkets in fresh warning over no-deal Brexit shortages
Grocery retailers have hit back at the Government by issuing a fresh warning that a no-deal Brexit will spark shortages of fresh food and potential price rises.
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NewsSignet Jewelers poaches Jessops boss as UK sales tumble
H Samuel and Ernest Jones owner Signet Jewelers has poached Jessops boss Neil Old to lead its British businesses, Retail Week has learned.
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NewsDixons Carphone shareholders revolt over executive pay
Dixons Carphone has said it will consult with its shareholders after being hit with a stinging revolt over the pay of its leadership team.