More on Me + Em – Page 398
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AnalysisAnalysis: How Ukraine crisis will impact food prices, petrol and confidence
As the world watches in horror at the unfolding Russian invasion of Ukraine over the last few days, the war will only increase pressure on UK retail in an already inflationary environment.
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NewsTesco and Gorillas extend rapid delivery partnership to Manchester
Tesco has expanded its rapid delivery partnership with Gorillas into the north of England, fulfilling customer orders from its Stretford Extra store.
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NewsPrimark places bet on bumper summer and sets date for revamped website
Primark has recorded an uptick in sales of summer holiday gear as consumers gear up for a restriction-free season.
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NewsMcColl’s hopes for cash or buyer as profits come under pressure
Convenience store group McColl’s maintained it is optimistic about finding a “financing solution” to its problems following speculation that it was battling to stave off administration.
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NewsPrimark sales rocket as lockdown fades into past
Sales at value fashion giant Primark surged 60% year on year in its first half – when stores remained open, in contrast to Covid closures the previous year.
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OpinionNigel Oddy: ‘Concerns for the planet are as prominent as cost for UK consumers’
The fashion industry has a responsibility to take sustainability seriously, writes New Look chief executive Nigel Oddy
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Future LeadersHow to avoid ‘pinkwashing’ to support LGBT+ colleagues and customers year-round
On the final day of LGBT+ History Month, Retail Week Be Inspired reflects on what retailers can do to not just limit their support to 28 days.
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NewsAshley slams ‘unfit for purpose’ UK corporate governance after Studio acquisition
Frasers Group boss Mike Ashley has lashed out at both the previous management of Studio and the UK’s corporate governance regime after saving the floundering fashion retailer.
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DataData: Four out of five consumers mull switching to discounters as cost of living soars
A new survey has found that four out of five UK consumers are considering switching to value or discount retailers due to the growing cost-of-living crunch.
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NewsFarfetch records full-year sales surge and profit growth
Farfetch chief executive José Neves hailed the luxury fashion etailer’s “strong momentum” as the business delivered strong fourth-quarter and full-year sales growth.
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NewsJohn Lewis retires Never Knowingly Undersold as it invests £500m in price
John Lewis will remove its Never Knowingly Undersold pledge this summer as executive director Pippa Wicks says the promise “doesn’t fit with how customers shop today”.
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AnalysisProfile: Pets at Home’s new top dog Lyssa McGowan
Pets at Home’s new chief executive appointment came as a shock as she was a name few in the sector were familiar with. What could Lyssa McGowan bring to the role to drive the business to the next level?
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DataData: Consumer confidence hits lowest point in a year as price rise fears grow
Consumer confidence has dropped to its lowest point since January 2021, one of the worst months of the pandemic.
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NewsLondon businesses unveil multibillion West End regeneration plan
The Heart of London Business Alliance (HOLBA) has unveiled its West End 2027 plan to rejuvenate the capital’s premier shopping district.
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NewsUpdated: Frasers buys Studio Retail out of administration
Mike Ashley’s Frasers Group has bought Studio Retail out of administration for £26.8m, saving 1,500 jobs.
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NewsStudio formally calls in administrators following cash call crisis
Online retailer Studio has formally drafted in administrators after signalling the likelihood of collapse earlier this month.
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NewsBids for health and beauty giant Boots expected today
Indicative bids for health and beauty giant Boots are expected to be submitted today, it is understood.
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Opinion‘UK retailers could follow US as ghost kitchens swoop into supermarkets’
Ghost kitchens are becoming an increasing part of the food retail landscape as grocers and restaurants compete for stomach share. Innovations in the US, from TikTok to Kroger, may inspire similar initiatives in the UK, says George MacDonald
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Retail VoiceWhy FMCG brands want to invest in in-store retail media
Retail media will be one of the biggest growth areas over the next few years, so what should grocers be doing now to harness their FMCG suppliers’ sizable brand marketing budget?
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GalleryStore gallery: Ikea launches £1bn investment in London with pioneering Hammersmith shop
Ikea has opened a first-of-it-kind small-format store in the UK in Hammersmith, west London.