More on Me + Em – Page 641
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NewsMajority of Asda staff sign new contracts as grace period ends
Asda has said almost 120,000 staff have signed new contracts after a protracted battle with the GMB union that has drawn widespread political and media attention.
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NewsKKR makes formal approach for Walgreens Boots Alliance buyout
Private equity firm KKR has reportedly made a formal approach to buy Boots’ parent company and take the business private in what could be the largest leveraged buyout on record.
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NewsMulberry losses widen as ‘challenging’ UK market hits sales
Mulberry has posted widening losses at the interim mark as it seeks to increase focus on its international portfolio to offset sluggish UK sales.
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AnalysisAnalysis: Should retailers focus on getting better, not bigger?
Despite the punishing retail climate, most retailers are still expected to grow. But is the right thing to do? Is it time for a reset of corporate expectations? Is it time for retailers to concentrate on getting better, not bigger?
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Retail VoiceWhy sustainability is vital for retail competitiveness
With retail’s environmental impact front of mind for consumers and retailers alike, Accenture’s Siobhán Géhin explains why a circular business strategy is key to staying competitive.
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NewsWest End to receive £2.9bn ‘rebirth’ fund
London’s Oxford Street and its surrounds are set to receive £2.9bn in additional investment by the end of 2022, which will “catalyse the birth of a new West End”.
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AnalysisAnalysis: New Look sales are under pressure but profit is priority
Value fashion retailer New Look’s first-half figures showed signs of progress in its recovery following last year’s CVA and resulting financial restructuring.
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NewsAmazon to launch new standalone grocery store format
Amazon has revealed its plans to open a new grocery store format – separate from Amazon Go and Whole Foods Market – as part of its long term plans to ramp up its food offering.
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OpinionOpinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B&M posted a subdued set of interim results this morning.
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NewsM&S pushes value credentials in new food campaign
Marks & Spencer aims to spotlight “great-value everyday prices” in a food marketing campaign launching tomorrow.
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OpinionPeter Williams: In 2019, retailers may as well pull Christmas forecasts from a hat
With the peak trading season for many retailers just kicking off, this is the time of year for finance directors to be at their most anxious as they focus on their forecasts for the financial year.
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NewsLandsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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CartoonBlower’s retail cartoon: Getting on Santa's luxury list
Patrick Blower’s take on Harrods Rewards customers who spend at least £2,000 in-store getting priority access to the department store’s Christmas grotto.
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NewsMarket share growth slows as grocers gear up for Christmas
The grocery market saw growth slow over the last 12 weeks, as supermarkets across the UK began to gear up for the festive period.
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NewsAlibaba’s Singles’ Day event breaks records
Chinese etailer Alibaba’s Singles’ Day shopping event registered record-breaking sales for the 11th consecutive year.
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NewsB&M reviews German business as profits tumble
B&M’s profits spiralled as the German arm of the business was “impacted by trading and operational issues”.
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NewsNew Look losses narrow despite falling sales
New Look posted narrowed losses during its half-year results following an “incredibly busy” year.
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NewsBRC calls for next government to ‘empower retail’ in election manifesto
The BRC has unveiled its election manifesto, setting out how the next government can “support the industry as it navigates a transformation driven by new technology and changing consumer behaviour”.
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VideoWatch: Sainsbury’s Christmas builds on retailer’s 150th anniversary story
Sainsbury’s festive advert for this year builds on the grocer’s 150th anniversary and a tongue-in-cheek origin story for the creation of St Nicholas.
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NewsRetail store staff face fortnightly abuse from shoppers
The average shopworker is verbally abused, threatened or assaulted more than 21 times per year, according to a survey by Usdaw.