More finance – Page 21
-
AnalysisResearch: 57 retail bosses reveal plans to navigate 2023
The bosses of leading retailers including Primark, Ikea, Waitrose, Under Armour, ProCook, River Island and McDonald’s have spoken in-depth to Retail Week for a landmark new report – Retail 2023.
-
AnalysisAnalysis: Next boss Wolfson on the cost-of-living crisis, sterling and trading
Fashion giant Next cut full-year expectations when it posted interim results today, flagging uncertain trading conditions as retailers confront a host of issues ranging from the soaring cost of living through to political and economic volatility.
-
AnalysisAnalysis: Setting a new direction – How Gymshark, Lick and Farmison are evolving DTC
Online-only DTC brands were expected to transform retail a few short years ago, but recent struggles have raised questions about their long-term viability. Does the model have a future?
-
AnalysisAnalysis: What are the implications for retail as sterling takes a pounding?
The new government’s mini-budget last week proved to be anything but. Indeed, it was so dramatic that it has spooked financial markets and sent the pound to record lows against the dollar.
-
InterviewInterview: Poundland’s Barry Williams on Christmas, cost of living and gunning for the grocers
Retail Week sits down with Poundland boss Barry Williams to discuss the challenges and opportunities presented by the cost-of-living crisis, the retailer’s growing focus on new categories and building a profitable online business from a standing start
-
AnalysisFrom BeReal to drone deliveries: Walmart, Rotaro and Trinny London reveal top CX investments
Retail Week’s Consumer Week kicks off today. From tapping into new demographics to understanding what shoppers really want from in-store experiences, retailers and brands from across the industry will share how they are engaging with cash-strapped consumers
-
Opinion‘Hyperinflation demands aggressive response on customer proposition and costs’
While hyperinflation might be a new challenge for many UK retailers, there are strategies to navigate it, say Anita Balchandani and Richard Mayfield at McKinsey & Company
-
Opinion‘As retailers call founders to the rescue, long-term success can’t depend on them’
Several retailers in recent weeks have hoped their founders and former leaders can turn their fortunes around – but strong businesses are not one-man shows, writes George MacDonald
-
AnalysisGreenwashing: Three rules to get your sustainability message right
As UK fashion retailers including Asos, Boohoo and George at Asda are investigated for potential greenwashing, Lena Roland, head of content at marketing specialist WARC Strategy, explains how businesses can avoid misleading customers with their sustainability messaging
-
DataRetail sales volumes slide as cost of living bites
Year on year retail sales rose by value but plunged by volume last month as the cost of living climbed, official figures reveal.
-
AnalysisBig four no more: What next for UK grocery as Aldi overtakes Morrisons?
After years of incremental growth, Aldi has finally overtaken Morrisons in UK grocery market share and ended decades of the ‘big four’. What does this seismic moment mean for grocery in the long term?
-
DataSales growth slows as retailers prepare for ‘tough time ahead’
Sales for the month of August slowed as consumers reined in spending and inflation pushed up costs to historic highs.
-
Opinion‘Next two years will set tone for another chapter of retail channel evolution’
Pureplays face critical strategic decisions and omnichannel retailers have a window of opportunity, believes OC&C Strategy Consultants’ Matt Coode
-
AnalysisRetail’s wish list for new prime minister Liz Truss
Liz Truss has been named as the new leader of the Conservative party – and the UK’s 56th prime minister – following a fractious two-month contest.
-
Opinion‘Asda is hitting the road in convenience retailing – the £600m Co-op deal proves it’
Both Asda and the Co-op have gained from the sale of the latter’s petrol forecourts to the big-four grocer, but one looks more likely to benefit in the long term than the other, writes Hugh Radojev
-
AnalysisData: JD Sports vs Frasers Group – two sports retail titans square up
The rivalry between JD Sports and Frasers Group – formerly Sports Direct – is one of the longest-running in UK retail. Now with fresh blood at the helm of both empires and expansion plans on the horizon, which is best placed to take the lead?
-
AnalysisIt ain’t what you do, it’s the way that you do it – expectations of a modern retail leader
The role of the modern retail chief executive is changing – fast – and it is contributing to a shift at the top of leading companies, in some cases prompting the departure of leaders whose commercial prowess and acumen could barely be faulted.
-
AnalysisAnalysis: Seven ways consumers are shifting behaviour as cost-of-living crisis bites
At a time when household budgets are being tested to their limits – and further pressure on spending is set to come in the autumn – consumers are beginning to change their habits ahead of what is likely to be a long, cold winter
-
DataConsumer confidence tumbles to lowest level since 1970s
Consumer confidence tumbled to an all-time low in August as the UK prepares for a bleak winter.
-
InterviewAnalysis: John Roberts on putting spark back into AO, price pledges and third-party deals
AO boss John Roberts tells Retail Week how he plans to turn the business around with a new streamlined, profit-centric strategy