More on Me + Em – Page 491
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Retail VoiceDispelling the ‘free and fast’ myth is the first step to a smarter strategy
It’s easy to get caught up in the hyperbole regarding the meteoric rise of ecommerce. But for thousands of independent online retailers, the last 12 months have been a rollercoaster, not a procession.
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DataData: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
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NewsCentral London economy battered by lack of tourists, says Khan
Research published by Sadiq Khan has revealed the Central London economy has been hit hard by a lack of tourism during the Covid-19 pandemic.
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NewsMoonpig valued at £1.2bn as float begins
Moonpig has begun trading on the London Stock Exchange with a market capitalisation of £1.2bn.
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NewsOcado trials electric and pedal-powered deliveries
Ocado has launched a trial of electric-assisted and pedal-powered vehicles to deliver groceries.
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OpinionAlex Baldock: ‘Raise rates for warehouses to save the high street’
We’re now only weeks away from the end of the government’s business rates holiday. I’m sure many of us are grateful for a decisive and vital measure that, for some retailers, has made the difference between surviving the pandemic and not.
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Retail VoiceWhy Cyprus needs to be on your radar in 2021
With the new UK-EU trade agreement meaning no tariffs or quotas have been introduced following Brexit, Cyprus is a great sourcing destination for the year ahead boasting a fast-developing export trade and a reputation for high quality and competitive pricing.
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AnalysisAnalysis: How Asos will make Topshop live up to its name again
Asos this week swooped on Arcadia’s Topshop, Topman, Miss Selfridge and HIIT brands in a bid to reach new heights with the iconic names under its umbrella
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AnalysisJD Sports boss Cowgill: How ‘monumental’ DTLR deal turbocharges US ambitions
JD Sports boss Peter Cowgill tells Retail Week why the retailer’s latest $495m acquisition has set it up to crack America.
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NewsWork with us on post-pandemic roadmap, businesses urge government
The Confederation of British Industry (CBI) has called on the government to work with businesses on a roadmap out of lockdown to reopen the economy.
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NewsJD Sports bolsters US business with $495m acquisition
JD Sports is to buy US athletic footwear and apparel retailer DTLR for $495m as it extends its US operations.
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NewsAsos scoops up Topshop in £265m deal
Asos has acquired Topshop and other Arcadia brands in “a hugely exciting moment” for the online fashion specialist.
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OpinionThe Secret Retailer: ‘The government is fiddling while Rome burns’
As retail is left to wonder how the route out of the coronavirus crisis will look, it feels like there is some government fiddling while Rome is burning going on.
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AnalysisAnalysis: Is this the death of cash?
The contactless limit was upped to £100 in yesterday’s Budget. With the use of cash already plummeting, is this its final nail in the coffin? Retail Week reports on the implications of a cashless society.
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GalleryStore gallery: Tesco’s first superstore in six years goes big on sustainability
Tesco has today opened its first non-Jack’s superstore in six years, which sets out the new template the UK’s largest grocer believes will help it achieve its 2035 carbon-neutral target.
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AnalysisH&M boss Helena Helmersson: Our post-pandemic recovery plan
Fashion giant H&M has been battered by coronavirus, with swathes of its global store estate shut and profits plummeting. Chief executive Helena Helmersson reveals how the group plans to rebound in 2021.
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NewsH&M profits tumble as Covid-19 batters sales
H&M has suffered a slump in full-year profits and sales as the coronavirus crisis battered its top line.
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NewsBoohoo closes in on £25m deal for trio of Arcadia brands
Boohoo is closing in on a deal for three of Arcadia’s high street brands as the fashion etailer presses ahead with its ambitious acquisition spree.
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AnalysisThe Big Question: Do fashion retailers need stores any more?
As online-only businesses such as Boohoo and Asos snap up struggling fashion players who have suffered tumbling store sales during the pandemic, Retail Week asks whether fashion still needs a bricks-and-mortar footprint in 2021.
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OpinionLisa Hooker: ‘Long live the store – but it needs to evolve’
It’s a familiar and frightful story: the once-beloved UK high street is in terminal decline. The perfect storm of a global pandemic, online shopping and crippling rents and business rates is set to usher in the end of the physical store.