All Retail Week UAT articles in October 3 2014 – Page 6
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AnalysisAnalysis: Building operating models for a multichannel future
Some of the UK’s biggest retailers are radically changing the way they run their businesses to ensure they are ready for a multichannel future.
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NewsSainsbury's issues '50p challenge' to staff to encourage customers to spend more
Sainsbury’s has issued a ‘50p challenge’ to its staff, urging them to encourage customers to spend an extra 50p per shopping trip until the year-end.
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NewsFears over fashion sector as clothing sales dry up in warm September
Alarm bells are sounding over the fashion sector after a warm September prompted Next to warn third quarter sales had been hit.
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AnalysisStart-up of the week: Beacon network Appflare
The number of start-ups in retail technology is growing quickly and Retail Week is highlighting some of the best. This week Appflare is in the spotlight.
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NewsConsumer confidence in stasis as growth in GDP fails to rub off
Consumer confidence has dropped in September as people failed to feel better off despite the UK’s growth in GDP, according to GfK.
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NewsThe Toy Store to open giant Oxford Street store as it enters UK
Middle-eastern based toy retailer The Toy Store has signed for a huge 27,000 sq ft site on Oxford Street, as it prepares to take on Hamleys.
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NewsWalmart appoints Instagram founder Kevin Systrom to board
Walmart has appointed Instagram founder Kevin Systrom to its board to tap into his “entrepreneurial background and digital expertise”.
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OpinionComment: Maximising modern retailing opportunities
Online retail has raised fears for the high street, but research on shifting consumer shopping habits offers hope to traditional retailers.
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NewsTesco lines up £2.5bn war chest to protect it from ratings downgrades
Tesco has secured a £2.5bn revolving credit facility to protect it against the impact of possible ratings downgrades, following last week’s profits crisis.
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NewsAo.com to launch first overseas website in Germany tomorrow
Electrical appliances etailer Ao.com is poised to launch overseas for the first time with its German website tomorrow (October 1).
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AnalysisAnalysis: Seven ways to change company culture following Tesco crisis
Following Tesco boss Dave Lewis’s email to staff calling for a “change in our culture”, Retail Week speaks to experts about what the grocer needs to do.
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NewsWRC: Distinctive product and the right model is key to global success, says Cheshire
Distinctive product and getting the model right is the key to global expansion, said Kingfisher chief executive Sir Ian Cheshire.
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NewsWRC: Differentiate on stores, brands and consumer relationships, says Printemps boss
Store design, brands and consumer relationships can help store-based retailers thrive in the face of online competition, said Printemps’ boss.
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AnalysisIn the news: Made.com co-founder and chief executive Ning Li
Young entrepreneur Ning Li was in his mid twenties, working as an investment banker, when he had an epiphany that led him to create Made.com.
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NewsFormer Morrisons treasurer Paul Coyle charged with insider trading
The Financial Conduct Authority (FCA) has charged Morrisons’ former group treasurer and head of tax Paul Coyle with insider trading.
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NewsStore gallery: Victoria Beckham opens first store on Dover Street
Victoria Beckham has opened her first store, on London’s Dover Street, composed of three floors and covering 6,000 sq ft.
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NewsWRC: China’s growing consumer economy will force price increases, says Li & Fung
China’s focus on building a consumer economy is going to disrupt the world and put an end to the era of low-priced goods, said Li & Fung chairman Dr William Fung.
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NewsUrban Outfitters plans to double global turnover by 2020
Urban Outfitters Inc plans to double its topline sales in the next five years by expanding its product offer and distribution, and improving customer engagement.
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NewsDoddle click-and-collect parcel service opens Waterloo station store
Click-and-collect delivery service Doddle launched its service for consumers with its Waterloo rail station opening last week.
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NewsMade.com's sales surge 68% as international roll-out gathers pace
Made.com’s sales surged in its last financial year on the back of rapid web traffic growth and international launches in France and Italy.