More finance – Page 5
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Opinion‘After M&S’ cyber attack, these are the security questions retailers must ask themselves’
It’s a question of when, not if, there are more attempts to breach retailers’ cybersecurity. AlixPartners experts Brian Kalms and Edd Hardy look at how businesses can best protect themselves
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FeatureThe secrets of successful staff suggestion schemes
Initiatives such as M&S’ Straight to Stuart suggestion scheme can help unlock smart business ideas from retail’s frontline. George MacDonald looks at how they can be used most effectively.
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FeatureDrag queens and meatballs: First look inside Ikea’s Oxford Street store
Ikea is primed to open the doors to its highly anticipated Oxford Street store this week, ahead of what is set to be a bumper bank holiday shopping weekend. Retail Week speaks to Ikea market manager, London City, Matt Gould and tours the new store before it opens to the public
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Opinion‘Can a new entrant controlled by a global giant disrupt UK grocery?’
The soft launch of Joybuy represents a play by Chinese powerhouse JD.com to snap up share of the food retail market, but established grocers won’t be quaking in their boots just yet, says George MacDonald
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AnalysisWhile a win for retail, could Reeves’ ‘de minimis’ review lead to consumer backlash?
While the chancellor’s promise to review the UK’s de minimis rules was welcomed by retailers, could it be a double-edged sword for consumers?
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AnalysisTariffs, Topshop and loyalty: Why Asos’ boss is looking ahead despite the turmoil
After Asos showed the “strongest sign yet” of its transformation strategy paying off, Retail Week explores the opportunities and challenges ahead for the fashion retailer
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Opinion‘This grocery ‘price war’ is less battle, more ballet’
The price war narrative misses the mark. What’s actually happening is a repositioning from blunt price matching to smart price signalling, observes OC&C’s Matt Coode
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Opinion‘De minimis advantage – the elephant in the room for Shein, pre-IPO?’
UK retailers would benefit from the abolition of de minimis rules, which have given Shein’s business model an advantage, believes fashion analyst Maureen Hinton
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Opinion‘Job security jitters may rise — and constrain consumer spend’
Consumer sentiment has been helped by a strong labour market, but nervousness on the jobs front means weak demand for discretionary goods may build, cautions Shore Capital director Clive Black
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InterviewQ&A: Sainsbury’s CEO Simon Roberts on prices, tariffs and trade deals
Sainsbury’s has joined retail’s £1bn profit club – but the grocer does not expect profits to increase again this year. Chief executive Simon Roberts discusses potential price wars, tariff impacts and falling sales at Argos.
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AnalysisWhy WHSmith boss Carl Cowling is still betting big on America despite Trump turmoil
WHSmith is selling its high street business to focus on its successful travel operations—notably the US, described by the retailer as its “most exciting growth market”
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Innovation of the WeekUnder Armour and Unless Collective launch sportswear designed to decompose
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team. Every week, we bring you new ideas and case studies across consumer, technology, sustainability, economy, policy and industry.
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FeatureAsda: What went wrong and how can it be fixed?
How did the Issa brothers’ ownership of Asda go so wrong? And what do new chairman Allan Leighton and his team need to do to get the beloved supermarket chain back on track?
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DataCustomers abandon tens of billions of pounds in online purchases
UK shoppers abandoned £38bn in ecommerce purchases in 2024, an 11% increase from 2023, despite online retail sales showing minimal year-on-year change, a new report has found.
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AnalysisLiberation day: what do Trump’s tariffs mean for UK retailers?
What does US President Donald Trump’s “Liberation Day” mean for retailers, and their shoppers, in the UK? Retail Week explores.
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Opinion‘Longstanding assumptions are being challenged as retailers navigate new reality’
Tough trading conditions mean that many retailers now recognise the need to strike a better balance between breadth of product and services and profitability, observes Alvarez & Marsal’s managing director Erin Brookes
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DataData: How costs will increase for retailers in the new financial year
This week marks the start of the new financial year for many and the coming into force of the big whammy of cost rises the retail sector has been dreading for months
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AnalysisWHSmith: Can its new owners make the high street business actually work?
After 233 years on the high street, news broke last week that WHSmith’s high street business has been sold to Modella Capital for £76m
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FeatureThe changing face of the British high street
The high street is an ever-evolving destination and that has never been more apparent than now
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DataCharts: Next becomes the latest member of UK retail’s £1bn profit club
Only four UK retailers have exceeded £1bn in nominal profits, with Next being the latest to join the club.