All Retail Week articles in 1-7 February 2020 – Page 2
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NewsGrocery sales inch up boosted by Dry January and Veganuary
Supermarket sales growth for the first quarter of the year inched up, driven by Dry January and Veganuary product sales.
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NewsMacy’s to shut 125 stores and axe 2,000 jobs
Macy’s is to close 125 stores and axe thousands of head office roles over the next three years as part of a $1.5bn (£1.15bn) cost-cutting drive.
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NewsPoundland Christmas sales rise as new ranges boost growth
Poundland has posted an uplift in sales during the crucial Christmas trading period as its Pep&Co clothing concessions helped drive footfall.
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NewsBoots UK chair and long-standing exec Elizabeth Fagan steps down
Boots’ first UK chair Elizabeth Fagan has stepped down from the retailer after less than two years in the role.
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NewsM&S names non-exec as strategy and transformation director
Marks & Spencer has appointed current non-executive director Katie Bickerstaffe as its new strategy and transformation director.
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NewsBrown Thomas to open new ‘physical and digital’ store in Dublin
Irish luxury retailer Brown Thomas is set to open a flagship store in Dundrum Town Centre, Dublin, which the retailer said will mix “physical and digital” space.
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AnalysisSixty seconds with… Botanic Lab co-founder Rebekah Hall
As Retail Week Live nears, we take the chance to interview some of its most exciting speakers. This week, meet Botanic Lab co-founder Rebekah Hall.
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OpinionOpinion: Julian Richer on his campaign to end zero-hours contracts
Zero-hours contracts, unless freely requested by the employee, create not just poverty but misery. They should be outlawed, and I’m backing an organisation created to do just that.
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AnalysisAnalysis: Compete or collaborate? Why Tesco, M&S and Harrods are joining forces with rivals
With the threat of Amazon looming over most in the sector, some retailers are doing away with long-standing rivalries in order to take on the online Goliath. But how should retailers decide when to compete and when to collaborate?
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NewsRaise corporation tax to save struggling high street, bosses urge
The Treasury should increase corporation tax to fund a business rates cut for high street retailers, a new government-commissioned report has said.
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NewsAnimal rights group Peta buys stake in Frasers Group
The animal rights group Peta has bought a stake in Mike Ashley’s Frasers Group, allowing activists to attend the retailer’s annual investors meeting in September.
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NewsCasper faces nightmare after slashing IPO valuation
Casper Sleep has again slashed the amount it is seeking in its initial public offering to encourage investors to buy a stake in the struggling retailer.
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NewsThe Uptick: From New Jersey to Dorset, retail dreams big
Welcome back to The Uptick! As the dust settles on the flurry of Christmas trading updates and we settle into the new year, we take a look back at the stories that defied the January blues.
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OpinionOpinion: Can strategy hires drive transformation at M&S and John Lewis?
In the course of two days, two of retail’s biggest and most challenged names appointed strategy directors as they seek to transform themselves and tap into tomorrow’s world.
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NewsNew John Lewis chair braces staff for store closures and job losses
John Lewis Partnership’s new chair Dame Sharon White has warned staff the retailer may need to reduce its store estate and cut jobs in a bid to improve profitability.
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AnalysisAnalysis: Will corporation tax save the high street? Don’t bank on it
Following reports that the Retail Sector Council (RSC) was preparing to recommend an increase in corporation tax to fund a cut in business rates, Retail Week discovers it’s far from a done deal.
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OpinionMove of the Week: Bhatia is the kind of disruptive thinker JLP needs
John Lewis Partnership’s latest executive hire will be a new name to many. Nina Bhatia will join on February 17 as executive director, strategy and commercial development, following a career spent largely in consultancy and the energy sector.
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AnalysisWhy the fear factor is the biggest trend in retail right now
From Brexit concerns to coronavirus and climate change, consumers have a rising sense of anxiety. How can retailers capitalise on the power of fear?
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NewsWaterstones books profits uplift as sales rise
Waterstones has recorded a rise in its full-year profits as sales rose, but the retailer said the lack of a ‘significant’ bestseller hampered potentially higher growth.
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NewsGovernment failing retail on apprenticeships, BRC warns
The British Retail Consortium (BRC) has warned that the apprenticeship levy is “not working” for retailers as the fall in new starters on retail schemes outstrips the national average.
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