All articles by Luke Tugby – Page 9
-
NewsMatalan founder Hargreaves loses court battle over tax bill
Matalan founder John Hargreaves has lost a long-running court battle over a multimillion-pound tax bill.
-
NewsFormer Morrisons suitor Fortress lines up £5bn bid for petrol forecourt giant
The US private equity giant that failed in a £7bn bid for Morrisons is now setting its sights on petrol forecourts operator Motor Fuel Group (MFG).
-
NewsMade boss Chainieux steps down with immediate effect
Made.com chief executive Philippe Chainieux has stepped down from the etailer with immediate effect for family reasons.
-
NewsBoohoo’s ‘sexually suggestive’ advert banned by watchdog
Boohoo has had one of its adverts banned by the advertising watchdog following complaints that it was “sexually suggestive”.
-
NewsReiss overhauls online fulfilment offer as it launches on Next Total Platform
Reiss has ramped up its online fulfilment proposition and relaunched its website in a bid to drive ecommerce sales.
-
NewsH&M profits rebound as it hails ‘strong’ pandemic recovery
H&M has posted a surge in full-year profits as it hailed a “strong recovery” from the peak of the coronavirus pandemic.
-
NewsMorrisons takeover faces deeper CMA probe over petrol competition concerns
Morrisons’ takeover by US private equity giant Clayton, Dubilier & Rice (CD&R) will face further scrutiny by the competition watchdog amid fears over petrol prices.
-
Opinion‘The era of Covid-forgiveness is over – retail must put service at the top of the agenda’
Shoppers were willing to put up with lower standards of service while they and the retailers they relied on navigated the health emergency. But now, as conditions normalise, they expect better. Good service will increasingly characterise retail success but a poor experience will be punished, argues Luke Tugby.
-
AnalysisAnalysis: Are chief people and HR officers retail’s CEOs in waiting?
Recently appointed CEOs for retailers ranging from Chanel to Greggs have come from a people-focused background. Could the HR department be the proving ground for more future leaders as retailers assess their culture and strategy post-pandemic?
-
NewsWHSmith shareholders revolt over executive bonuses
WHSmith has been hit by a shareholder revolt over plans to pay a £550,000 bonus to its chief executive Carl Cowling.
-
NewsSuperdry swings to profit as it hails ‘signs of recovery’
Superdry has swung to a half-year profit and hailed “clear signs of brand and financial recovery” despite suffering a fall in sales.
-
NewsPrimark posts festive sales gains but lags pre-pandemic levels
Primark has registered a spike in sales during the crucial Christmas trading period but lagged behind pre-pandemic levels.
-
Opinion‘Maybe it’s Terry Smith who’s lost the plot – Unilever’s sustainability focus is logical, not ludicrous’
The Fundsmith founder has criticised the extent of Unilever’s sustainability agenda, but investors need to get with the programme or be left behind, writes Luke Tugby.
-
NewsQuiz grows festive sales despite slump in online demand
Quiz has posted a jump in Christmas sales as customers flocked back to its stores and concessions at the end of last year.
-
NewsSainsbury’s poaches McColl’s commercial chief for key food role
Sainsbury’s has poached McColl’s chief commercial officer to take up a key food role as it ramps up focus on its core grocery business.
-
NewsCurrys golden quarter sales slip in ‘softer’ electricals market
Currys has nudged down its profit guidance after suffering a decline in sales during the crucial Black Friday and Christmas trading period.
-
NewsSpending on ethical products soars past £100bn for first time
Annual spending on ethical products and investments has surged past £100bn for the first time after the coronavirus crisis and climate fears sparked lifestyle changes among consumers.
-
NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
-
NewsPrices to surge in 2022 as retailers struggle to absorb cost pressures
Prices at the shelf edge are set to rise at a “faster rate” this year as retailers struggle to absorb a perfect storm of cost pressures.
-
NewsHush profits soar as Covid lockdowns fuel online sales surge
Hush has posted a surge in profits and sales after online revenues boomed during the first year of the coronavirus crisis.