More on Me + Em – Page 397
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DataData: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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NewsAmazon launches first ‘sustainable’ own-brand range
Amazon has launched an own-label range across several categories entirely comprising “consciously created” products certified to meet sustainability criteria.
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NewsIkea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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NewsH&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.
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NewsUK grocers join forces to roll out refill stations in sustainability push
UK grocers Waitrose, Ocado, Morrisons and Marks & Spencer have formed a partnership committing to the roll-out of refill stations across their store estates.
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NewsAmazon shutters all bookshops and 4-star stores
Amazon has announced it will close 68 physical bookshops and 4-star stores across the UK and US in order to focus on its grocery and department store concepts.
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Retail VoiceThree ways in which the pandemic disrupted old-fashioned retail
Antiquated in-store experiences need to be brought up to date, says Objectivity’s Wayne Swallow, with technology being the solution to stop retail living in the past.
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NewsAsos suspends business with Russia following Ukraine invasion
Online fashion giant Asos has suspended sales to Russia in the wake of outrage over the invasion of Ukraine.
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NewsHolland & Barrett Russian oligarch backers stand down from investor board following sanctions
Holland & Barrett has insisted its operations will not be impacted by sanctions placed on its Russian oligarch backers, who have now stepped down from its owner’s board.
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DataData: Shop price inflation grows at fastest rate in over a decade
Retail prices increased to the highest rate recorded since November 2011 last month, accelerated by a rise in fresh food inflation in February.
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NewsHotel Chocolat on a high as profits outstrip sales growth
Hotel Chocolat has hailed another strong trading period for the business despite wider inflationary pressures as profit grew faster than sales growth.
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InterviewInterview: L’Oréal’s UK boss on how technology will transform beauty retail
On a drizzly Thursday in Hammersmith, L’Oréal Group’s UK and Ireland managing director Thierry Cheval is making lipstick from the comfort of his office.
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NewsMarks & Spencer launches Sparks promotional extravaganza to boost app take-up
Marks & Spencer is to stage a two-week spectacular of “daily personalised offers, giveaways and discounts” designed to drive customer adoption of its app.
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NewsPoundland buys Poundshop.com as it plans national online rollout
Poundland has acquired discount etailer Poundshop.com for an undisclosed sum, marking the next step in the retailer’s plan to build a nationwide online presence.
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NewsSainsbury’s puts 2,000 jobs at risk as it overhauls eat-in and takeaway offer
Sainsbury’s will close 200 of its in-store cafes, putting 2,000 roles at risk, as it looks to roll out more of its Restaurant Hub food hall formats.
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Opinion‘John Lewis may have ditched Never Knowingly Undersold but it must keep service promise’
How many John Lewis customers took advantage of its Never Knowingly Undersold price promise last year?
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DataData: Lidl leapfrogs Co-op as food inflation hits fastest rate in nearly a decade
Both Aldi and Lidl’s grocery market share surged in February as spiralling food inflation hit its fastest rate of growth since late 2013.
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NewsWaterstones acquires independent bookseller Blackwell’s
Waterstones has snapped up Blackwell’s, the UK’s largest independent bookseller, for an undisclosed sum.
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NewsZalando delivers ‘faster than expected’ sales growth
Zalando has posted strong full-year sales and profit growth, fuelled by a rapidly expanding customer base and membership scheme.
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NewsAsos asks suppliers to share inflation burden
Asos has written to suppliers to request a 2% discount on ordered goods, Retail Week understands.