More on Me + Em – Page 684
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NewsCBI and BRC welcome Johnson but warn of challenges
The Confederation of British Industry and British Retail Consortium have welcomed the appointment of Boris Johnson as the new prime minister but warned of the issues facing business and retail more widely.
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AnalysisAnalysis: How ‘total retail’ has spurred Joules’ success
After posting an impressive set of full-year results, departing Joules boss Colin Porter pointed to the success of the fashion brand’s ‘total retail’ model. What is that and what can others learn from it?
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NewsSupermarket sales decline for first time in two years
Grocery sales have declined for the first time since June 2016, according to the latest data from Kantar Worldpanel.
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NewsUK retail industry conditions on brink of all-time low
The health of the UK retail sector is on the cusp of hitting record lows as businesses battle “some of the toughest trading conditions they have experienced”.
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NewsJoules profits and sales climb in ‘strong’ year
Joules has reported soaring full-year profits and sales in what boss Colin Porter says was driven by “growth across channels and product categories, both in the UK and internationally”.
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NewsMcColl’s seeks ‘stability’ as profits nosedive
McColl’s has posted a decline in profits at the interim mark despite an uplift in sales as boss Jonathan Miller says the group plans to “refocus on retail execution”.
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Retail VoiceFive steps for AI success
Wherever you sit in retail it’s likely you’ve thought about how AI could enhance the shopper experience, improve things for your people, simplify processes or reduce cost.
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AnalysisThe many faces of Mike Ashley: Deal maker, drinker, disruptor
“It’s like he’s playing Pokémon or something – trying to catch ‘em all.”
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Future LeadersListen: ‘I own the trademark, so I will fight you’
Episode two of Retail Week’s new podcast Be Inspired Stories hears the story of one woman’s recovery, resilience and reflection.
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NewsSainsbury’s teams up with Deliveroo for take away pizza trial
Sainsbury’s is set to partner with food delivery company Deliveroo to deliver freshly baked pizzas and snacks to customers’ homes from five stores across four UK cities.
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AnalysisHow has Liberty written a department store success story?
Liberty has had its controlling stake owned by BlueGem sold for £300m – a significant mark up from its £32m acquisition of the business in 2010. Retail Week looks at what has made the luxury department store a success story and how it continues to brace itself against the backdrop of retail uncertainty.
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NewsSports Direct drops Debenhams CVA challenge
Sports Direct has withdrawn its legal challenge to Debenhams’ CVA – but will continue to fund the objection lodged by one of the department store chain’s landlords.
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NewsLego to open two new UK stores this year
Lego is set to open two new stores in the UK this year, both at flagship shopping centres owned by Hammerson.
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NewsCBI: New PM must bring in annual business rates reviews
The Confederation of British Industry has called on the next prime minister to deliver annual business rates revaluations, as part of a sweeping manifesto to “get the UK economy back on track”.
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NewsHomebase rescues Bathstore from administration
Homebase has rescued Bathstore from administration, taking on more than 40 of its stores and saving 154 jobs.
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DataRetail weather: Hot at first, followed by rain
The retail weather forecast from Saturday July 27 to Friday August 2, 2019
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NewsLiberty sold to private equity group in £300m deal
A controlling stake in Liberty has been sold by current owner BlueGem to private equity consortium Glendower Capital.
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NewsBen Sherman owner eyes Jack Wills acquisition
The owner of fashion label Ben Sherman, Marquee Brands, is among those eyeing a potential acquisition of troubled Jack Wills.
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NewsTed Baker founder Ray Kelvin considers backing buyout
Ted Baker founder and former chief executive Ray Kelvin is mulling support for a private equity buyout of the company, just four months after leaving following allegations of sexual harassment.