More on Me + Em – Page 408
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Retail VoiceHow can ecommerce fight online fraud and cybercrime?
Online fraud remains a serious problem and is one that cannot be ignored, warns Alessio Damonti, deputy chief executive and head of sales and business development at Axerve.
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AnalysisFour emerging DTC players that should be on every retailer’s radar in 2022
Retail Week’s Tech 100 index recently celebrated the people shaping the new digital retail ecosystem. Among those featured were leaders making headway in DTC alongside those transforming sustainability, CX, automation, social commerce and more.
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NewsSainsbury’s bumps staff pay to £10 an hour in £100m investment
Grocery giant Sainsbury’s has increased rates of basic hourly pay for store staff to £10 an hour minimum and pledged pay rises for drivers as part of a £100m investment.
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NewsWest End retail revival threatened by ‘longest ever’ Tube strike
A six-month series of weekend Tube strikes threaten the recovery of London’s West End.
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NewsGousto wins new investment valuing it at almost $2bn
Recipe box specialist Gousto has raised $150m (£111m) to finance expansion in the developing direct-to-consumer market.
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NewsBoots sales strengthen as Walgreens Boots Alliance raises guidance
Boots recorded an increase in first-quarter sales as parent company Walgreens Boots Alliance (WBA) raised its full-year profit expectations.
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AnalysisAnalysis: Next boss Wolfson’s five key questions that will shape retail in 2022
Next beat expectations over Christmas but chief executive Lord Wolfson, one of the industry’s most respected leaders, said that working out prospects for the year ahead was “unusually difficult”.
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NewsB&M’s expected profits jump off back of ‘very strong golden quarter’
B&M has upped its adjusted EBITDA range for the full year off the back of what boss Simon Arora called “a very strong golden quarter” trading period.
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NewsGreggs increases full-year outlook as boss Whiteside confirms retirement
Greggs anticipates its full-year outcome will be ahead of expectations, following a strong fourth quarter, as chief executive Roger Whiteside’s replacement is confirmed.
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NewsNext ups full-year guidance again after bumper Christmas
Fashion giant Next has increased its full-year profit guidance again after enjoying a bumper Christmas trading period.
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Opinion‘How green can retailers become and still turn a profit?’
Over the past few years there has been a noticeable shift in consumer behaviour with people becoming more conscious about what they buy and how they shop.
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NewsGrocers explore options as Omicron surge sees staff absences double
Grocers are extending temporary staff contracts and prioritising food and online deliveries over other areas of their business as the Omicron coronavirus surge doubles staff absences.
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DataData: Grocers deliver bumper Christmas sales despite Omicron fears
Grocers enjoyed a bumper festive season despite fears that surging coronavirus cases would dampen the Christmas season, with premium own-label sales breaking records.
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NewsAsda poaches Tesco and Nisa executives as it rebuilds leadership team
Supermarket chain Asda has poached Kris Comerford and Ken Towle from Tesco and wholesaler Nisa respectively as it looks to rebuild its denuded senior management team.
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NewsTycoon Paphitis urges rates reform as strong Christmas follows annual loss
Theo Paphitis has called on the government to “grasp the business rates nettle” as he gave an update on Christmas trading and Ryman posted its first annual loss in more than two decades of his ownership.
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NewsPepco Group chief executive Andy Bond to step down
Andy Bond, chief executive of Poundland owner Pepco Group, is to leave the company following seven years in charge.
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News100,000 key workers to take daily Covid test in bid to curb virus spread
Workers from critical industries across the UK must now take a lateral flow test every working day in an effort to catch infections earlier.
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NewsSpending on ethical products soars past £100bn for first time
Annual spending on ethical products and investments has surged past £100bn for the first time after the coronavirus crisis and climate fears sparked lifestyle changes among consumers.
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NewsFootfall slumps in post-Christmas week despite New Year’s Eve uplift
Footfall to retail destinations slumped in the week following Christmas despite an uptick in traffic on New Year’s Eve.
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NewsPrices to surge in 2022 as retailers struggle to absorb cost pressures
Prices at the shelf edge are set to rise at a “faster rate” this year as retailers struggle to absorb a perfect storm of cost pressures.