More on Me + Em – Page 497
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NewsAsos Christmas sales beat expectations after ‘exceptional’ UK growth
Online fashion giant Asos expects profits to come in at the top end of expectations after a strong Christmas sales performance, particularly in the UK market.
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Opinion
'Retailers should prepare now for a year of two halves'
Short-term agility remains essential, particularly as retail weathers the current storm. But this lockdown period is also the perfect time to prepare long-term strategies for growth, in order to benefit during the second half of the year.
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Retail VoiceFive ways to drive a productive workforce
Like hospitality, the retail sector has been turned on its head as a result of the pandemic, with everything about the way we work irreversibly altered.
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NewsMorrisons becomes first UK supermarket to pay £10 an hour minimum
Morrisons has said it will pay all of its staff at least £10 an hour becoming the first grocer in the UK to make that commitment.
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NewsThe Hut Group boss aims to double beauty brands in acquisition drive
The Hut Group chief executive Matt Moulding has said we would like to double the number of beauty brands the business owns in the next two years.
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NewsAdministrators agree sale of Edinburgh Woollen Mill and Ponden Home
Administrators have struck a deal to save two of Philip Day’s remaining brands Edinburgh Woollen Mill and Ponden Home.
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AnalysisIPO rush – which retailers will whet investor appetite?
After a tumultuous year for the industry, some retailers are setting their sights on new horizons with plans to float on the stock market.
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NewsJohn Lewis switches off click and collect at ‘critical point’ of Covid crisis
John Lewis will stop offering click and collect from its stores in a bid to reduce non-essential travel by customers.
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AnalysisThe Big Question: Are grocers doing enough to enforce Covid safety rules?
With the mutant variant of Covid-19 running rampant through the UK and the government questioning the role of supermarkets in the spread of the virus, industry experts offer their view on whether grocers are doing enough to enforce guidelines.
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NewsBooths enjoys strong Christmas trading driven by turkey and alcohol sales
Family-owned supermarket Booths reported strong sales over the Christmas period driven by sales of turkey crowns and alcohol.
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NewsFormer Sainsbury’s boss Mike Coupe to chair Oak Furnitureland
Oak Furnitureland has announced the appointment of Mike Coupe as its new chair.
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NewsThe Hut Group and Very post record surges in Christmas sales
The Hut Group has reported Christmas sales growth ahead of previous forecasts and upped its full-year expectations, while The Very Group reported its “best ever Christmas trading period”.
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NewsMoonpig eyes float after strong lockdown trading
Moonpig’s mooted £1bn float on the London Stock Exchange is set for liftoff after the pureplay announced its intention to publish a registration document today.
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NewsKingfisher expects profits at top end of range after strong fourth quarter
Home and DIY giant Kingfisher has said it expects full-year profits to be at the top end of its £667m to £742m estimate, following continued strong trading in its fourth quarter.
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AnalysisStrategic report: Five winning pricing strategies for 2021
With consumers still tightening their purse strings, this year could prove to be a rocky road for retailers who don’t have the right pricing strategy. Read Retail Week’s new report to find out how AI could optimise pricing and drive loyalty.
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NewsData: Coronavirus restrictions lead to record low retail spend in 2020
The effects of the coronavirus pandemic and associated restrictions on the retail sector have been laid bare, with customer spending across the year down to record lows.
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NewsBig four grocers ban customers who refuse to wear face masks
All of the big four grocers have now commited to banning customers who refuse to wear face masks in their stores without medical exemptions.
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Opinion‘Investors must separate wheat from chaff as etailers race to market’
The acceleration of online retail sales during the pandemic has brought a race to market as ecommerce players rush to pull off IPOs.
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NewsDr Martens laces up for stock market debut
Dr Martens owner Permira is planning an IPO for the iconic footwear retailer this year.
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NewsTrump’s tie-maker joins fight for Arcadia
US clothing firm G-III Apparel has reportedly joined the battle to take over Sir Philip Green’s Arcadia empire.