More on Me + Em – Page 505
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NewsJoules trading ‘ahead of expectations’ despite overall sales decline
Joules has recorded a strong uplift in ecommerce sales in its first half despite lost in-store sales throughout the lockdown periods.
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NewsNovember retail sales dampened by lockdown store closures
Retail sales growth slowed in November as tighter government restrictions forced shoppers online.
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OpinionRoger Wade: ‘We need to level the playing field between online and high street’
Last week brought the end of shopping restrictions as retail returned across the UK. Sadly, the second lockdown did more damage than we ever expected as high street retailers suffered a double blow of not only the pandemic, but online competition.
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AnalysisWho will be the retail CEOs of the future?
Retail Week speaks to a panel of industry experts to determine which executives will be in charge of the UK’s biggest retailers over the next five years.
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Retail VoiceHow to gain a sharper edge in ecommerce
Even before the pandemic, the efficiency, speed and increased sales that ecommerce and back-end technology could bring were top priorities for retailers.
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AnalysisHow retail changed my life: Tesco’s Rimal Patel – no longer a fish out of water
The life of Tesco’s online director Rimal Patel and his extended family has been shaped beyond recognition by the retail industry over the past five decades.
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Retail VoiceFive ways contactless click and collect will drive customers back to stores
In what have been challenging times for most retailers, contactless click and collect offers them a safe way to entice customers back into shops.
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NewsThe Hut Group raises sales forecast for second time since float
The Hut Group has bumped up its sales forecast for the second time since it floated in September, citing strong Black Friday and Cyber Monday sales.
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NewsKingfisher agrees to return business rates relief in full
The board of home and DIY giant Kingfisher has agreed to return more than £130m in business rates relief in full, becoming the latest retailer to do so.
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NewsTed Baker slips deeper into the red as revenues fall
Ted Baker has reported deepening losses before tax as its revenues fell and costs associated with the ongoing coronavirus pandemic rose.
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NewsMike Ashley’s Frasers swoops in with late rescue bid for Debenhams
Frasers Group has made a last-minute rescue bid for ailing department store chain Debenhams, with owner Mike Ashley vowing to save as many jobs as possible.
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Opinion‘Essential retailers may have shot sector in foot with rates relief repayments’
In the space of a few days, a wave of essential retailers has voluntarily returned the best part of £2bn in business rates relief to the government. In doing so they have won the public relations battle, but have they lost the long-term rates reform war?
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NewsAnn Summers launches CVA in bid to secure turnover-based rents
Ann Summers has launched a CVA for 25 of its 91-strong store estate in a push to secure turnover-based leases.
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NewsLidl joins retailers returning business rates relief with £100m payback
Discounter Lidl has become the latest retailer to agree to waive the business rates relief it received at the start of the pandemic by repaying £100m to the government.
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NewsPrimark posts ‘very strong’ sales after reopening post-lockdown
Sales at fashion powerhouse Primark have been “very strong” after stores reopened following national lockdowns, parent ABF reported.
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NewsB&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
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OpinionMove of the Week: Williams tasked with maintaining eBay momentum
In a desperate week for high street retailers, Eve Williams’ move from Asos to eBay serves as a reminder of how the balance of power has shifted in the industry.
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Retail VoiceBlack Friday consumer trends shaping the future of retail
After what’s been an unprecedented year in so many ways, it’s no surprise we’ve witnessed a particularly unprecedented Black Friday.