All articles by Luke Tugby – Page 62
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VideoThe Retail Week: Debenhams results – the verdict
This week, the team discuss Debenhams’ half-year profit collapse – and assess whether the department store chain’s strategy will transform its fortunes.
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AnalysisAmazon's Jeff Bezos on the keys to a brilliant business
Amazon founder and boss Jeff Bezos’ annual letter to shareholders never fails to hit the headlines – and this year’s edition was no exception.
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NewsHouse of Fraser drafts in advisers as it mulls CVA
House of Fraser has drafted in advisers as the embattled department store business ramps up its turnaround plans.
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NewsM&S exec Bousquet-Chavanne exits in marketing reshuffle
Marks & Spencer executive Patrick Bousquet-Chavanne is leaving the business amid a restructure of its marketing division.
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NewsNew Look dealt fresh blow as credit insurance cut
New Look has had its credit insurance cut just weeks after a company voluntary arrangement (CVA) aimed at improving its fortunes was voted through.
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NewsHammerson board makes U-turn on £3.4bn Intu deal
Hammerson has made a dramatic U-turn on its proposed acquisition of Intu, claiming the deal is “no longer in the best interests of shareholders”.
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NewsEvans Cycles boss Andy King exits after 18 months
Evans Cycles chief executive Andy King has left the business after just 18 months in the saddle.
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NewsBunnings calls in consultants to boost UK business
Bunnings has drafted in consultants to advise its senior leadership team in the UK as the Australian DIY giant attempts to revive its British business.
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NewsKlépierre abandons bid for rival mall owner Hammerson
Klépierre has pulled the plug on its attempts to buy Hammerson – paving the way for the latter to complete its acquisition of rival Intu.
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VideoThe Retail Week: Has Tesco finally turned the corner?
The team are joined by TCC Global insights director Bryan Roberts to discuss Tesco’s turnaround progress and assess whether it has finally turned the corner.
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NewsCarpetright to axe 90 stores under CVA plan
Carpetright plans to shutter more than 90 stores and slash rents at more than 100 other sites amid a “fundamental restructuring” of its property portfolio.
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NewsHobbycraft names Tesco UK boss Davies as chairman
Hobbycraft has appointed Tesco’s UK boss Matt Davies as its new chairman and named a new boss as it reshuffles its leadership team.
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Analysis: Tesco aims to 'unlock new growth' with Booker
For the first time in what feels like an eternity, a Tesco chief executive was able to present full-year results today without a cloud hanging over his head.
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NewsTesco's Lewis: We'll go after more Booker synergies
Tesco boss Dave Lewis insists the grocer is ready to “go after” more synergies following the completion of the Booker deal.
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AnalysisThe disruptors: Retail property reinvented
The property sector is the latest focus of Retail Week’s ‘The disruptors’ series, as we highlight the businesses creating waves across the industry.
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AnalysisAnalysis: How the Co-op is building ‘stronger’ future
The Co-op swung back into the black in 2017 as strong like-for-like sales in its core food business helped boost its bottom line.
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AnalysisAnalysis: Five things retailers can learn from JetBlue
US airline JetBlue was founded in 2000 with the mission to “bring humanity back to air travel”. This aim – and how the firm fulfilled it – carries relevant lessons for retail.
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NewsBargain Booze owner Conviviality enters administration
Conviviality has formally entered administration as the beleaguered business continues to seek buyers for its retail division.
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NewsSainsbury's revamps Nectar in bid to ‘redefine loyalty’
Sainsbury’s is overhauling its Nectar scheme as the supermarket giant bids to “redefine loyalty” by providing shoppers with personalised offers.
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NewsGrocery sales survive Beast from the East battering
Supermarket sales increased during the first three months of the year despite much of the UK being battered by the Beast from the East snowstorm.