More on Me + Em – Page 434
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NewsSainsbury’s to personalise prices for Nectar customers
Sainsbury’s will offer Nectar customers lower prices on products based on their shopping habits when using self-scanning technology in stores, in a major shakeup of its loyalty programme.
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NewsMarks & Spencer to close 11 French stores as Brexit batters supply
Marks & Spencer is to close 11 of its 20 franchise stores in France after post-Brexit trade rules “significantly” impacted supply of fresh and chilled food.
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AnalysisFalse dawn or fresh start: Has John Lewis really got its mojo back?
While the consensus was that John Lewis’ first half would be an improvement from last year, the retailer has hugely exceeded expectations. Is this the start of a new day for the embattled department store chain, or a papering over of the cracks?
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NewsWickes reveals strong profit rise in first results since demerger
Wickes has registered stellar profits and sales in the first report since it demerged from Travis Perkins.
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NewsCo-op boss warns of Christmas shortages as supply chain crisis boils over
Co-op boss Steve Murrells has warned customers will face some availability issues over Christmas, as the retailer battles to contain ongoing wider supply chain problems.
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NewsJohn Lewis losses narrow as sales jump and cost-saving measures take effect
John Lewis has reported a significant narrowing in losses after tax in the first half of the year, with revenues jumping and cost savings from its extensive restructuring beginning to take effect.
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NewsSuperdry losses narrow as it makes sustainability gains
Superdry recorded a smaller dip in profits as its sustainability plans begin to bear fruit.
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NewsThe Hut Group profits soar one year after London listing
The Hut Group (THG) has reported growth across all areas of the business following its 2020 IPO.
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NewsThe Co-op profits fall as it announces partnership with Amazon
The Co-op has registered a dip in profits as it “invests in its business and colleagues” including a new partnership with Amazon on grocery delivery.
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AnalysisIn the founder's footsteps: setting the direction when the trailblazer steps aside
Many retail businesses are intrinsically linked to and even defined by their founders, but what happens when it comes time for that person to stand aside? Retail Week looks at past successes and failures and what needs to be put in place to ensure the process goes smoothly.
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Opinion‘The Amazon giant is beginning to stir and UK grocers should take note’
Amazon’s latest tie-ups with Deliveroo and the Co-op show it is slowly tightening its grip on the UK grocery market by leveraging its sprawling network of Prime members.
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NewsPrimark unveils latest sustainable and ethical trade pledges
Primark has vowed to make sustainable clothing affordable for all customers as it reveals its latest programme of sustainable commitments.
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NewsH&M sales rebound slower than expected as global lockdowns bite
H&M has reported a lower than expected recovery in sales in its third quarter as store closures from coronavirus restrictions around the globe continued to have an effect.
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NewsZara owner Inditex profits and sales hit ‘historic highs’ bolstered by online surge
Zara parent company Inditex has recorded a spike in interim profits and sales driven by record-breaking second-quarter revenues.
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EventsTech Week: Discover, invest, evolve
Running from November 1 to 5, Retail Week’s inaugural Tech Week will bring together exclusive insights from leading retailers and brands, industry experts and tech disruptors across two free virtual masterclasses, Retail Week’s annual Tech 100 report and free online content. It will highlight best practices for tech as an enabler for strategic business transformation.
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NewsMade.com to launch homewares marketplace as it eyes expansion
Made.com has begun beta testing a marketplace model to bring artisan brands on board.
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NewsOcado losses widen due to warehouse fire and costs of driver shortage
Ocado revenues for the third quarter plummeted after a fire at its Erith distribution centre, as boss Tim Steiner warned ongoing driver shortages would add to costs for the rest of the year.
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DataData: Grocery sales indicate the end of the ‘big shop’ as commuters return to the office
Grocery sales and average basket sizes both fell over the summer as shoppers showed a return to pre-pandemic behaviours.
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NewsCD&R wins backing of Morrisons pension trustees
Clayton, Dubilier & Rice have taken another step towards winning the race for Morrisons by agreeing a “comprehensive package” with the grocer’s pension trustees.
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NewsMade.com losses narrow as sales jump despite global freight issues
Made.com reported narrowing losses before tax for the first half, with gross sales and adjusted profits for the period offsetting global freight issues.