More on Me + Em – Page 386
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NewsPrimark U-turns on price promise as energy and labour costs soar
Primark has rolled back on its pledge that its prices would not change as the retailer grapples with rising inflationary pressures.
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DataData: Grocery sales fall for first time since pandemic began as food inflation surges
Take-home grocery sales went into reverse in April for the first time since the pandemic began, as rampant food inflation hit its highest level since 2011.
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NewsHolland & Barrett hires former M&S product director
Holland & Barrett has appointed former Marks & Spencer product director April Preston as its new global product director.
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NewsAsda increases pay for shop staff as cost-of-living crisis bites
Supermarket chain Asda has joined its rivals in increasing the pay of its frontline shop staff as the cost-of-living crunch continues to ramp up.
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NewsPrimark operating profits soar after store estate fully reopens
Primark has posted a surge in sales and operating profits driven by the reopening of its store estate following Covid-enforced closures.
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AnalysisData: More than half of retail supply chain leaders considered quitting in the past year
Retail Week’s latest report, Chain Reaction, features findings from interviews with retail supply chain and IT executives on their motivations, concerns and aspirations for the sector.
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Retail Voice10 stats every retailer needs to know about crypto adoption
Cryptocurrency as a payment method is increasing in popularity, particularly among millennials. This is according to new Checkout.com research, which finds that 40% of consumers aged between 18 and 35 plan to pay using crypto in 2022. Here’s what retailers need to know.
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NewsMcColl’s seeks refinancing after latest profit warning
McColl’s has issued a profit warning after a “softer” Easter trading period.
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NewsMorrisons, Asda and Amazon price strategies polarise as retailers tackle inflationary pressures
Morrisons and Asda have reduced prices while Amazon has warned of price rises as the retail sector grapples with soaring inflation.
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AnalysisSustainability and savings: the six apps your customers will be downloading in 2022
As more transactions are carried out on mobile devices and consumers seek easier and better ways of living, shopping and saving, Retail Week explores the apps shoppers will be downloading in 2022.
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NewsWilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
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NewsExclusive: Grocers face further pressure following collapse of major Greencore supplier
Grocers face the prospect of further pressure on food availability and price following the collapse into administration of a Dutch-Spanish fruit and vegetable grower.
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AnalysisAnalysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
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NewsExclusive: Carpetright chair Wilf Walsh to step down
Wilf Walsh is to step down from the helm of Carpetright parent Nestware, Retail Week can reveal.
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NewsB&M boss Simon Arora to retire next year
Simon Arora will step down as chief executive of B&M next year after 17 years of leading the business.
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DataData: Retail sales drop in March driven by decline in online spend
Retail sales fell year on year in March as pre-pandemic habits and hobbies returned.
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NewsNestlé warns of further price hikes as inflation soars
FMCG conglomerate Nestlé has said that more price rises will hit this year as it tackles inflationary pressures.
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NewsData: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
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NewsIssa brothers’ EG Group to create 32,000 jobs in next five years
EG Group, the petrol station and food retail business owned by the Issa brothers, plans to create 32,000 jobs globally over the next five years.