More on Me + Em – Page 804
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NewsMike Ashley in discussions for £50m HoF rescue bid
Sports Direct founder Mike Ashley is reportedly in talks with House of Fraser’s advisers to offer a £50m lifeline to the struggling department store chain.
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NewsThe Hut Group secures $1bn banking facility
The Hut Group’s banking facility has surpassed the $1bn mark for the first time, with additional funds earmarked for US and European expansion.
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NewsAmazon strikes £600m public sector supply deal
Amazon has struck its first UK public sector procurement deal.
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NewsAldi contacts suppliers over 'no deal' Brexit readiness
Aldi has contacted suppliers about what contingency plans may be needed in the event of a ‘no deal’ Brexit.
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OpinionOpinion: Now is the time for a business rates freeze
The BRC has long made the case that the current business rates system is untenable.
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AnalysisAnalysis: The DNA of the new retail CEO
Private equity firms with high expectations. Angry shareholders ready to vote you out if you’ve had a disappointing year. Spreadsheets with budgets tightened. Loyal staff with 30 years’ experience, pensions and lives pinned to their jobs.
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NewsM&S launches world’s first retail data academy
Marks & Spencer has teamed up with technology education specialist Decoded to create “the world’s first retail data academy”, Retail Week can reveal.
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NewsAgenda: Next, Pets at Home and consumer confidence
Retail Week looks ahead to the next seven days, with updates from Next and Pets at Home, plus the latest consumer confidence and shop price figures.
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NewsAsda promotes Hemmerdinger as CMO exits
Asda chief merchandising officer Jesús Lorente is to leave the Walmart-owned grocer little over a year after being appointed.
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NewsWyevale sells eight stores to Blue Diamond
Wyevale Garden Centres has sold eight branches to peer Blue Diamond.
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NewsHoF £70m cash injection delayed by legal action
House of Fraser’s slated £70m investment from C.banner has been delayed due to the legal challenge brought against the retailer by landlords following its CVA.
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NewsAmazon posts record profit growth as sales soar
Amazon has reported a 12-fold increase in its second-quarter profits driven by demand for Amazon Web Services and increased online sales.
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VideoThe Retail Week: What Ikea's store U-turn means for retail
This week we learnt Ikea is moving into the high street and Hammerson is moving out of retail parks. The team discuss what is motivating these strategies, what they say about shopping habits and if the new approaches will pay off.
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AnalysisMove of the week: Tesco's formidable top team
Charles Wilson’s decision to step down as Tesco UK and Ireland chief executive as he recovers from illness has caused a reorganisation of the grocer’s top team.
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OpinionOpinion: Why Amazon needs stores to win in European grocery
Following another jump in second-quarter results and its fourth Prime Day, Amazon continues to demonstrate its retail dominance and strength.
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NewsIntu hit by falling retail property values
Shopping centre group Intu reported that weak sentiment towards the retail property market has led to a decline in value of its properties of £650.4m – a 6% fall.
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OpinionGraze CEO: Staying distinctive in a sea of brands
As snack foods retailer Graze ditches its brown packaging in favour of a new vibrant rebrand, chief executive Anthony Fletcher insists it is important to keep branding moving.
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NewsRetail employment falls sharply in second quarter
Employment in the retail industry dropped sharply in the second quarter of this year as upheaval in the industry continued.
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IndicatorFood and grocery ranking 2018
The growth of ecommerce in the food and grocery sector continues to bring challenges. Margin pressure is clear, and the ability to fulfill online orders fast and conveniently is costly. Mergers are becoming commonplace for the sector, enabling them to increase scale and boost buying power. Our rank unveils which grocery retailers are winning at delivering convenience for their customers, and where others are falling behind.
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IndicatorFood and grocery sector analysis
The grocery market has faced massive structural shifts over the past decade, and the pace of change is only likely to increase as shopping habits continue to evolve and margins are squeezed by intense competition and rising costs.