More on Me + Em – Page 547
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NewsEtailer Very’s sales surpass £2bn as new customers double in lockdown
The Very Group has registered a jump in fourth quarter sales and says it is on track to return to full-year profitability in what boss Henry Birch describes as “a really fantastic performance”.
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NewsTopps Tiles expects ‘modest’ profit as sales recover
Topps Tiles has said it now expects to turn a “modest” profit this year following a bounce back in retail sales.
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NewsWatches of Switzerland profits rise despite Covid-19 impact
Watches of Switzerland has posted an increase in full-year profits despite the impact of the coronavirus crisis.
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NewsTrain companies seek government aid for station retail tenants
Britain’s train companies are lobbying the government to introduce rent cuts and payment holidays for retail tenants at their stations to help them through the coronavirus pandemic.
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NewsWalmart joins forces with Instacart to boost same-day delivery credentials
Walmart has joined forces with Instacart to offer same-day delivery in four US markets as it seeks to rival Amazon’s rapid fulfilment proposition.
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AnalysisIn pictures: Six trendsetting checkout-free stores from around the globe
With Amazon planning to open checkout-free Go stores in the UK, Rebecca Crook, chief growth officer at digital product and experience agency Somo, puts the spotlight on the other pioneering cashierless shops from across the world.
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GalleryStore Gallery: How South American giant Falabella is designing stores for omnichannel
Storied department store group Falabella is one of Chile’s most treasured national brands. Recognised across the region as an early adopter with a track record in innovation, the pioneering traits that helped it win that status are much in evidence.
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Retail VoiceCustomer experience is key weapon for winning the loyalty war
Retailers must craft experiences to keep shoppers coming back in this new normal, says Coveo.
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Opinion‘Mike Ashley’s Frasers Group is not just unconventional – it’s unprofessional’
When a stock market announcement comes through from Frasers Group, formerly known as Sports Direct, you never know what to expect. A rant from founder Mike Ashley at landlords, the government or his rivals? A shiny new acquisition? The resignation of its auditor?
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NewseBay pledges to absorb digital tax for sellers
eBay has told its sellers they will not bear the brunt of the new digital services tax and the online marketplace will pay any additional tax.
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Opinion‘Retailers must recession-proof ahead of crunch Christmas’
Data released over the past few days has laid bare the extent of the challenge the UK economy faces over the coming months and years.
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NewsM&S bolsters food division with new distribution centre
Marks & Spencer is to open a new food distribution centre next month that will increase capacity and help address longstanding availability problems.
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NewsDr Martens eyes doubling of store estate after quick coronavirus recovery
The chief executive of Dr Martens has said he can envisage the retailer doubling its global store estate in the next five years, after a quick financial recovery from the coronavirus crisis.
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NewsKroger aims to take on Amazon with marketplace launch
Kroger, the biggest grocer in the US, is to launch its own online marketplace in a bid to compete with rivals such as Amazon and Walmart.
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NewsDr Martens’ profits climb as online sales soar
Footwear brand and retailer Dr Martens has posted a rise in annual sales and profits, helped by strong online growth.
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NewsJust Eat sales and earnings leap during lockdown
Food delivery service Just Eat as reported a surge in sales and earnings after the coronavirus outbreak spurred demand.
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NewsAsos profits to beat expectations as returns rate falls
Online fashion giant Asos expects sales and profits this year to come in “significantly ahead of market expectations”.
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NewsAshley’s Frasers Group delays results for second year in row
Tycoon Mike Ashley’s Frasers Group has put back publication of its annual results for the second year running.
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Opinion‘UK fashion retail’s choice – lie down and accept decline or come back fighting’
Little more than 20 years ago, Marks & Spencer made headlines when profits hit £1bn. Eighty per cent of its £6.7bn turnover came from the clothing business. Only just over a decade ago, Topshop was poised to conquer America – the opening of a flagship store in Soho in New York had queues around the block and Philip Green was feted in every fashion publication.
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Retail VoiceRetail innovation starts with the supply chain
When a customer clicks the buy button, wheels are set in motion and it’s the first mile that will make or break the customer experience, according to Manhattan Associates.