More on Me + Em – Page 545
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AnalysisData: Waitrose customers flock to online grocery during lockdown
As more and more customers turned to online shopping, Waitrose and Partners’ latest Food and Drink Report highlights that Britons made more use of fast delivery services in lockdown, with heightened demand for Fairtrade or organic products and wine.
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AnalysisThe Big Question: Should there be a cap on CVAs for retailers?
As the coronavirus continues to hammer sales and customer footfall levels show no signs of returning to pre-Covid levels any time soon, more struggling retailers are turning to insolvency procedures such as CVAs to survive. However, with many brands having a second or third bite of the cherry, industry experts debate whether a cap should be put in place
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DataData: The retail sectors capturing footfall since stores reopened
Footfall is slowly returning to retail destinations following the peak of the coronavirus pandemic, but which sectors are capitalising on that traffic and enticing customers into their stores? Springboard data shared exclusively with Retail Week reveals the sectors that are emerging as the winners and losers.
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NewsOcado Solutions set to build first Aeon warehouse in Japan
Ocado Solutions, a subsidiary of Ocado, has partnered with Japanese shopping centre giant Aeon to build the country’s first customer fulfilment centre.
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NewsAmazon and Morrisons ramp up partnership in grocery push
Etail giant Amazon has installed a Morrisons platform on its main website, enabling shoppers to purchase groceries that way for the first time.
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NewsFenwick full-year losses widen as pre-pandemic sales slide
Fenwick has suffered widening losses and falling sales in a what is described as an “extremely challenging” year, Retail Week can reveal.
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NewsFrasers Group chair in closed-period share-buying blunder
The non-executive chair of Mike Ashley’s Frasers Group accidentally bought shares in the retailer ahead of this week’s results.
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OpinionAldi CEO Giles Hurley: ‘Families need grocers’ help more than ever this summer’
Before Covid-19, an estimated 3 million children in the UK were at risk of going hungry over the summer holidays. It is a particularly trying time for many parents who must stretch budgets to cover extra childcare costs and provide meals usually taken care of at school.
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NewsShopworkers’ union launches petition to protect retail staff
Trade union Usdaw’s leader Paddy Lillis has launched a House of Commons petition to help protect retail workers from violence and abuse.
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GalleryIn pictures: Selfridges’ sustainability push featuring innovative brands
On Monday, Selfridges launched its Project Earth campaign, which aims to change the way its customers shop by 2025.
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AnalysisMarks & Spencer job cuts – harsh medicine, but necessary
Marks & Spencer’s biggest round of job cuts ever has sent shockwaves through retail. Around 7,000 roles will be axed – and that is on top of 950 redundancies revealed just a month ago.
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NewsAsda eyes ecommerce expansion as online sales double
Asda has said it plans to expand its online delivery capacity to 1 million slots a week by next year after seeing online sales double in its second quarter.
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NewsGrocery sales lowest since pre-lockdown as market begins to return to normality
Sales of take-home groceries have fallen to their lowest levels since before the coronavirus plunged the UK into lockdown, according to the latest market share data.
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NewsWaitrose considering ban on plastic bags after Morrisons decision
Waitrose is set to follow the lead of supermarket competitor Morrisons by removing all multiple-use plastic bags from its stores.
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Retail VoiceFour things retailers want when it comes to collaboration
Collaboration between retailers and suppliers may have improved, but now is the time to really step up the game, says Precima.
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NewsSosandar remains in the red despite soaring sales
Sosandar reported another loss last year despite a jump in sales, with co-chief executives Ali Hall and Julie Lavington “cautiously optimistic” about the brand’s future.
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NewsHamleys chief executive to step down after seven months
Hamleys chief executive David Smith will step down from his role in August, after just seven months with the business.
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NewsM&S to axe 7,000 roles as coronavirus hammers sales
Marks & Spencer is set to cut 7,000 roles across the business in the next three months, as it looks to streamline its strategy amid the coronavirus pandemic.
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OpinionPeter Williams: ‘Covid caution means it will take years for city centres to recover’
In my lifetime we have never experienced anything like the Covid pandemic. In the last few months, we have seen seismic changes in the way that both consumers shop and we, as retailers, work.
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AnalysisMeet the global retailers powering their businesses for the new ecommerce
With the pandemic forcing retailers to shift attention to their ecommerce strategies, RWRC’s new report explores how British retailers are investing in online overseas markets and how others can follow in their footsteps.