More on Me + Em – Page 374
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Opinion‘Today, retailers can harness the power of artificial intelligence in practical ways’
Applied AI can bring efficiency gains, improved decision-making and enhanced financial performance, say McKinsey’s Anita Balchandani and Louise Herring.
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NewsCity centre footfall battered by rail and tube strike chaos
Footfall dropped across city centre shopping destinations as people opted to stay home and avoid the strikes.
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Opinion‘Is UK retail’s £2.8bn excess stock timebomb set to be the sector’s next big crisis?’
UK retail is facing a perfect storm of rising costs and plummeting consumer confidence. Could an excess of stock be the final nail in the coffin for many in the squeezed mid-market?
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NewsM&S ‘bewildered and disappointed’ by Gove’s Marble Arch intervention
Marks & Spencer has reacted angrily to Michael Gove’s decision to call in the planned redevelopment of its flagship Marble Arch premises.
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NewsGrocery inflation hits 13-year high costing customers an extra £380 a year
Grocery inflation has hit a 13-year high in the month of June, with food bills on course to increase by an average of £380 a year for customers.
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NewsOcado raises £575m to fund expansion of its tech division
Ocado has successfully raised £575m through a share placement as the company seeks to capitalise on the growth of its technology arm.
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NewsPrimark boss Marchant: ‘Click and collect is the culmination of two years of investment’
Primark chief executive Paul Marchant has said that the retailer’s new click-and-collect offer has been years in the making.
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GalleryStore gallery: Hugo Boss unveils digital-led London flagship
Hugo Boss has opened a new flagship store on London’s Oxford Street.
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NewsGymshark poaches The Very Group’s marketing chief
Gymshark has appointed The Very Group’s chief marketing officer Carly O’Brien to drive its brand marketing strategy.
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NewsMarks & Spencer appoints new food boss
Marks & Spencer has appointed a new managing director of its food division, following former grocery boss Stuart Machin’s promotion to become chief executive.
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News‘The worst is yet to come’ on food prices warns ex-Sainsbury’s boss
Former Sainsbury’s chief executive Justin King has warned consumers “the worst is yet to come” on food prices amidst warnings that doubledigit inflation could last for more than a year.
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NewsBoots deal in the balance as banks stop lending
The long running auction for Boots is in danger of imploding as the ongoing cost-of-living crisis spooks prospective buyers and debt markets freeze up.
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NewsPrimark launches first ecommerce foray with click-and-collect trial
Primark is moving into multichannel retailing with the launch of its first-ever click-and-collect trial later in the year.
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Retail VoiceCybersecurity: A 2022 checklist for CIOs
As retailers seek to support their digital investments with greater security, both cloud and software as a service (SaaS) migration are a big focus for 2022, says Cegid’s Olivier Chiono, but how should retail CIOs prioritise?
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AnalysisAnalysis: Basket sizes shrink and customers trade down at Tesco as cost-of-living crisis worsens
While Tesco delivered a steady set of first-quarter results, boss Ken Murphy is braced for worse to come this year as he outlined changing customer behaviour in response to soaring costs.
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NewsWest End retail property giants press button on merger
Property companies Shaftesbury and Capco are to merge, bringing the control of some of central London’s best-known shopping districts under single ownership.
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NewsTesco sees signs of changing shopper behaviour as inflation bites
Tesco has reported “early signs” that shopper behaviour is shifting as the soaring cost of living bites.
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AnalysisC-suite data: Iceland, Primark, Pizza Hut and B&M reveal store strategy
Iceland managing director Richard Walker, Primark group property director Tom Meager, Pizza Hut chief business development officer Mike Spencer and outgoing B&M chief executive Simon Arora have spoken to Retail Week about their stores and property strategy for a landmark new report, Rents, rates, reform.
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NewseBay European boss poached by Asda owner TDR Capital
The head of eBay Europe, Rob Hattrell, is leaving the marketplace giant to join private equity firm and Asda co-owner TDR Capital in the autumn.
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AnalysisHow Asos’ new boss aims to put the etailer firmly back in fashion
The very day Asos announced the long-awaited appointment of its new chief executive, the retailer also issued a shocking profit warning as the cost-of-living crisis hit its 20-something customer hard.