More on Me + Em – Page 430
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NewsLeahy returns to grocery as Morrisons board gives green light to CD&R deal
Morrisons’ board has recommended acceptance of private equity group CD&R’s takeover offer, marking a likely return to grocery for former Tesco chief executive Sir Terry Leahy.
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NewsExclusive: Dreams’ profits increase as online sales surge
Beds specialist Dreams reported a surge in underlying profits during the pandemic as online sales picked up the slack from closed stores.
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AnalysisAnalysis: The solutions retailers are putting in place to navigate the supply chain crisis
A shortage of HGV drivers, increased Brexit red tape, not enough warehouse staff, high freight costs and a shortage of food-grade CO2. It feels that, from week to week, the supply chain issues facing UK retail have only piled up further, posing big questions for the industry.
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NewsAO warns supply chain ‘disruption’ will trigger profit decline
AO.com has said that “challenging market dynamics” across the UK and Germany have constrained its sales growth, and that it anticipates a decline in full-year profits as a result.
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NewsSainsbury’s launches Christmas recruitment drive for 22,000 jobs
Sainsbury’s is creating 22,000 new seasonal roles to deal with increased demand in its “biggest ever Christmas recruitment drive”.
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AnalysisThe Disruptors: Five sporting brands going for gold
After more than a year of cancellations, postponements and empty stadiums, 2021 marked the victorious return to the summer of sport.
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OpinionMove of the Week: Feather’s return to retail is a boon for Very and the industry
Robbie Feather’s next executive role could hardly be more different from his last.
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Retail VoiceFive retail fraud stats online merchants need to know
Fraudulent activity is on the rise and retailers are bearing the brunt. Sift’s Jane Lee shares the scale of the problem and the actions businesses can take to mitigate the risks
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AnalysisThe Great Innovation Race – how Deliveroo, Asos, Burberry and Sainsbury’s are driving agility
Learn where leading brands are investing now to drive innovation across customer experience and supply chain in our new report.
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NewsDeliveroo targets rapid grocery market with launch of Hop with Morrisons
Deliveroo has waded into the growing rapid grocery delivery market with the launch of the Hop service with supermarket chain Morrisons.
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NewsH&M profits inch up as pandemic store closures drag on performance
Swedish fashion giant H&M has reported growth in both revenues and profits – but it flagged that international coronavirus restrictions continued to slow its growth.
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NewsBoohoo revenues rise but profits fall as market share in UK and US doubles
Fast-fashion giant Boohoo has seen its profits and sales soar compared to pre-pandemic levels, as its market share in both the UK and the US doubled.
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InterviewInterview: M&S boss Steve Rowe on climate change, coral reefs and Christmas
Rowe invited Retail Week behind the scenes of the ambitious relaunch of Plan A to map out his vision and highlight the urgent need for change across the industry.
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AnalysisAnalysis: How Next’s Lord Wolfson aims to manage Christmas labour shortage challenge
As retail’s golden quarter nears, bosses of fashion and homewares giant Next are more concerned about a warehouse labour shortage than a lack of HGV drivers – and order cut-off times may be brought forward to manage demand.
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NewsMorrisons bidders to battle for the retailer in auction this Saturday
The ownership of Morrisons will be decided this Saturday when an auction between rival bidders will be held.
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NewsAldi to launch checkout-free trial in Greenwich store
German discount giant Aldi has chosen a store in Greenwich as the site of its first checkout-free concept trial after reaffirming its bricks-and-mortar growth focus earlier this week.
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NewsQuiz losses deepen as sales plummet due to pandemic store closures
Fashion retailer Quiz has reported deepening losses as rolling store closures due to pandemic restrictions hammered its revenues.
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NewsNext upgrades outlook as profits and sales soar beyond pre-pandemic levels
Next has reported significant increases in both full-price sales and profit before tax compared with 2019 levels and has upgraded its full-year profit guidance.
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AnalysisAnalysis: From hairspray to hammers – could rapid delivery be a game-changer beyond grocery?
The rapid delivery revolution is gathering pace and where grocers have led non-food retailers are starting to follow, writes Nick Hughes.