More finance – Page 10
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DataRanking: The UK retailers with the highest global sales
Thanks to data collected by our sister brand Retail Navigator by Lumina Intelligence, Retail Week can reveal the UK retailers with the highest international sales, and how they stack up against one another.
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Opinion‘Confidence has recovered but scar tissue remains in the collective consumer psyche’
Improving fundamentals, evolving consumer behaviour and rapidly developing technologies present scope for investment value creation, believes Matt Truman
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AnalysisAsos boss on Topshop’s potential return to the high street and making the brand ‘accessible and exciting’ again
Asos surprised the City this morning with the announcement that it had offloaded a majority stake of the iconic Topshop and Topman brands to Heartland, a holding firm of Danish fashion giant Bestseller.
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Opinion‘We need to consider why Shein is a disruptor that delivers more than £1bn in annual UK sales’
Online fashion powerhouse Shein’s success raises uncomfortable questions about consumption, believes Charlotte Hardie
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FeaturePower to the people: the age of striking retail workers
A rising number of retailers are facing threats of industrial action from employees with the help of trade unions. Retail Week delves into why retail workers are increasingly opting to strike
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AnalysisA year since its collapse, where should Wilko focus to win back customers?
It’s been one year since value retailer Wilko fell into administration, which saw the beloved high street chain close 400 stores and cost 12,000 people their jobs.
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AnalysisJD Sports CEO on why its UK performance doesn’t ring alarm bells
As JD Sports reported an increase in sales for the second quarter of the year driven by surging revenues in the US and Europe, sales in the UK fell. Chief executive Régis Schultz tells Retail Week why JD’s underperformance in its domestic market is no cause for concern and why the retailer is a truly global business
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Opinion‘Fashion retailers must be wary of customers holding out for lower prices’
Inflation has preoccupied retailers over the last few years but now fashion businesses face new questions as the prospect of deflation looms, warns Erin Brookes
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AnalysisAre Estée Lauder’s struggles a sign the good times might be over for UK beauty retail?
As global cosmetics giant Estée Lauder Companies reported a fall in sales marked by a slowdown in prestige beauty sales, Retail Week explores if this should be a cause of concern for beauty retailers in the UK
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Opinion‘Lord Rose’s intervention shows that Mohsin Issa has become an albatross around Asda’s neck’
In his hugely successful career, everything Mohsin Issa has touched has turned to gold – until, that is, he bought Asda. Now the harder he works and the more involved he becomes in turning the business around, the further it seems to drift into the doldrums, writes Hugh Radojev
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AnalysisAsda’s three new priorities to turnaround tumbling sales and evaporating market share
After a dismal set of financial results for the first half of the year, Asda has three new key priorities for the remainder of the year that it hopes will right the ship
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FeatureRetail goals: The business of football and what the rest of the industry can learn from it
As football fans gear up for the Premier League to kick off this month, Retail Week looks at how much the sport is worth to the world of retail.
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Opinion‘Amazon is feeling the heat from Temu – the question is what to do about it’
Amazon’s latest update shows it is at a tipping point, believes Lisa Byfield-Green
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AnalysisNext has posted weather-busting, expectation-beating results – what do the analysts say?
Fashion powerhouse Next knocked the numbers out of the park in its second quarter when full-price sales climbed 3.2% year on year.
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Opinion‘People are starting to feel richer and that should translate into higher retail spending’
The first half of the year may have been challenging but the months to come – including the golden quarter – hold more promise, believes Lisa Hooker
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InterviewQ&A: Greggs boss Roisin Currie on price rises, new stores and taking on McDonald’s
Greggs chief executive Roisin Currie talks inflation and prices rises, looking at former Carpetright and Ted Baker stores, winning share from the fast-food giants and whether the Euros and Olympics have prompted an uptick in spend
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AnalysisWhat to look out for in Next’s results after the washout weather for fashion retailers
Next will be hoping to wow shareholders with yet another stellar performance when it publishes its second-quarter update for the 26 weeks to July 27, 2024 on Thursday. But with washout weather dominating the months of April to July, has Next managed to weather the storm? Retail Week explores what might be coming next.
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AnalysisLabour’s employment plans put it on a potential collision course with retail
As Labour hangs its hat on new employment legislation to show it means business in its first 100 days in government, it could be setting itself up for a run-in with the retail industry in future
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AnalysisWhat does value player The Range want with stricken DIY giant Homebase?
The Range has bought Homebase − but what will a sale bring to the value retailer’s business?
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Opinion‘There’s a grim irony in Carpetright’s collapse, but don’t blame founder Lord Harris’
Carpet king Lord Harris built Carpetright, then went into business against it. As Tapi takes control of Carpetright assets from the administrator, some may see Harris as a Brutus figure – but that would be wrong, says George MacDonald