All Policy & legal articles – Page 65
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NewsSteinhoff to sell off assets following accountancy scandal
South African retail giant Steinhoff is set to cut its debt and trim down its assets to focus on retail investments after a previous $7bn (£5.8bn) accountancy scandal.
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NewsCity watchdog delays implementation of new online payment rules
The financial regulator has extended the deadline for new rules on online payments for 18 months, which the BRC says “avoids a payments cliff-edge”.
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NewsChancellor Sajid Javid shrugs off plea for business rates reform
Chancellor Sajid Javid has shrugged off pleas by the retail industry for reform of the “broken” business rates system.
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NewsNext boss Wolfson: No-deal Brexit will only bring ‘mild disruption’
Next chief executive Lord Wolfson believes that chaos can be avoided in the event of a no-deal Brexit, which would only bring “mild disruption”.
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OpinionOpinion: Retail job losses are devastating for all of society
Sometimes August is seen as a quiet month in retail – not much happens and very few announcements are made.
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NewsTop retailers call on chancellor to fix broken business rates system
More than 50 retailers have written to new chancellor Sajid Javid demanding action to lighten the burden of business rates.
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NewsBrits spend £4bn stockpiling for no-deal Brexit
British households have spent £4bn stockpiling goods in preparation for a potential no-deal Brexit in October.
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NewsFood industry calls for competition rules to be waived in no-deal Brexit
The UK food industry has called on the government to waive aspects of competition law to allow businesses to coordinate and direct supplies with one another in the event of a no-deal Brexit.
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AnalysisAnalysis: Sustainable retail – do shoppers love it or hate it?
Unilever has warned that it will sell off brands that do not ‘contribute positively to society’. Retail Week analyses what effect this will have on the wider retail sector.
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NewsRetail sales return to growth, but consumer spending languishes
Retail sales returned to growth in July but BRC boss Helen Dickinson warned that consumer spending is continuing to languish after a “punishing few months” for the sector.
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NewsMajestic Wine acquired by US investment firm
Majestic Wine has been acquired by a leading US investment firm for an undisclosed amount.
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NewsGoals Soccer Centres uncovers ‘improper behaviour’
Following an ongoing investigation into the historic accounting practices of Goals Soccer Centres, the company’s full-year 2018 audit has been suspended.
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AnalysisAnalysis: How retailers can avoid a pounding from a weak sterling
After sterling slumped to a two-year low as the threat of a no-deal Brexit looms ever larger, Retail Week analyses what retailers can do to mitigate the pain of a weak pound.
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VideoWatch: Is Boris Johnson as PM good or bad for retail?
Following Boris Johnson entering Downing Street and promising to deliver Brexit by October 31 “do or die”, the team debate what impact the new prime minister will have on retailers.
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OpinionLeader: Confidence counts as retail faces up to tough times
Think what you like about Boris Johnson, but there’s something to be said for a can-do attitude.
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AnalysisIs Boots boss Seb James right to be worried about a recession?
Boots boss Seb James has predicted a recession is on its way, but are his fears of an economic downturn well grounded?
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NewsBRC calls for ‘high street rethink’ as retail employment falls
The British Retail Consortium has called on the new prime minister to “rethink the high street strategy” as retail jobs decline across the country.
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OpinionOpinion: Boris Johnson will be a great PM for business
Retail has faced some daunting challenges over the years, but new prime minister Boris Johnson can place the UK in the top three economies in the world, providing the sector with major opportunities, says Ideal Shopping boss Jamie Martin
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OpinionOpinion: Retail must reinvent its image to attract future leaders
Does retail have an image problem? Our 2018 Employee Perceptions Survey showed that almost 60% of retail employees think so.
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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.