All articles by Luke Tugby – Page 8
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NewsAsda reignites ‘equal value’ row with pay offer to warehouse staff
Asda has reignited a long-running equal pay row after being accused of offering male staff a larger pay rise than female employees.
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AnalysisPushing your purpose, driving diversity and reinventing stores – the best of WRC 2022
Ahold Delhaize, Nike, Ikea and Currys – the big names and key takeaways from WRC 2022
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NewsPaul Polman: Retailers that fail on climate change are ‘heading to the graveyard’
Former Unilever boss Paul Polman has urged retailers to escape “the rat race of quarterly reporting” in order to drive longer-term change on sustainability.
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NewsShein mulls fresh fundraising round at $100bn valuation
Chinese fast fashion operator Shein is mulling a fresh fundraising round that could value the business at close to $100bn (£76.2bn) after shelving IPO plans.
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NewsM&S Marble Arch flagship demolition to be reconsidered by Mayor of London
The Mayor of London will reconsider the decision to approve Marks & Spencer’s planned demolition of its Marble Arch store following a major backlash.
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NewsExclusive: Sainsbury’s axes 300 roles as it steps up ‘save to invest’ programme
Sainsbury’s is axing hundreds of jobs across three store support centres as it ramps up its cost-cutting drive, Retail Week has learned.
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Opinion‘The Co-op’s leadership jigsaw is still missing major pieces’
The Co-op has sparked shock and confusion over the past six weeks after a series of changes to its senior leadership team. Editor Luke Tugby asks whether there is more than meets the eye to a tumultuous time in Manchester
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NewsExclusive: Co-op names ‘co-managing directors’ to cover Jo Whitfield absence
The Co-op is poised to promote two senior executives to ‘co-managing directors’ of its food business to cover boss Jo Whitfield’s career break.
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NewsH&M sales rise despite fresh wave of Covid-19 disruption
H&M has registered rising sales during its first quarter despite “the negative effects of the pandemic” continuing to impact many of its international markets.
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NewsAmazon stops packaging products in single-use plastic bags
Amazon has wiped out all single-use plastic delivery bags across its own UK distribution network as it ramps up its sustainability drive.
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DataData: Discretionary spend to plummet £12bn amid cost-of-living crisis
Spending on non-essential items will plummet £12bn in the UK this year as consumers tighten their purse strings amid a spiralling cost-of-living crisis.
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NewsAsda sales and profits rise as Covid-19 costs unwind
Asda has posted a jump in profits in its first year under the Issa brothers’ ownership as one-off costs related to the coronavirus crisis abated.
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NewsCo-op chief executive Steve Murrells to step down in May
The Co-op chief executive Steve Murrells is stepping down after 10 years with the business.
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NewsAmazon launches fully electric HGV fleet as it ramps up net-zero push
Amazon has launched its first-ever fully electric fleet of heavy goods vehicles (HGVs) in the UK as part of broader plans to become net-zero by 2040.
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NewsMcColl’s boss Miller exits as rescue talks progress
McColl’s boss Jonathan Miller has stepped down after more than three decades with the business as it scrambles to secure fresh investment.
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NewsNext delivers surge in profits but global ‘uncertainty’ drives down forecasts
Next has posted a surge in profits but downgraded forecasts for its new financial year amid a slowdown in its international business.
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DataRanking: From Halfords to The Hut Group – how Covid has boosted and battered retail share prices
Two years after the UK was plunged into its first national lockdown, Retail Week analyses how the Covid crisis has impacted the valuations of Britain’s listed retailers.
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NewsExclusive: B&Q launches online marketplace to create ‘one-stop shop for your home’
B&Q has launched an ecommerce marketplace as part of ambitious plans to expand its online range to more than 1 million home, DIY and garden products.
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NewsJohn Lewis chair Dame Sharon White: ‘Making a profit is a passport to doing good’
John Lewis Partnership boss Dame Sharon White has doubled down on comments that businesses should not let social and environmental goals distract them from making profits.
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NewsInditex, Burberry and Harrods cut ties with Russia
Zara owner Inditex has shut up shop in Russia, closing more than 500 stores and pausing online trading in the country.