All Retail Week articles in 11-17 July 2020 – Page 2
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Retail VoiceThe secrets of Gymshark’s customer-centred success
With businesses fighting hard to re-engage their customers in the wake of the coronavirus pandemic, Gymshark is one company that retailers could learn some lessons from, says Daniela Cicoria, senior customer success manager at Vision Critical.
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NewsDixons Carphone profits tumble as coronavirus closures hit bottom line
Dixons Carphone has suffered a slump in full-year profits as sluggish performance in its mobile phone business and store closures sparked by coronavirus impacted its bottom line.
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NewsAsos sales surge during lockdown as international markets drive growth
Asos has posted a jump in sales during the coronavirus lockdown and said it expects to deliver “strong profit growth” across its financial year.
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NewsDunelm sales slide despite ‘significant’ online growth
Dunelm has posted a sharp drop in sales during its fourth quarter despite hailing “significant” growth in its online business.
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NewsBurberry to cut hundreds of jobs due to pandemic’s ‘severe impact’ on sales
Luxury goods retailer Burberry has announced plans to cut hundreds of jobs as it attempts to recover from the effects of the coronavirus on its sales.
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NewsRivals lambast CMA’s provisional findings on Deliveroo–Amazon tie-up
A number of food retailers and other rivals have criticised the Competition and Markets Authority’s provisional clearance of Amazon’s proposed investment in Deliveroo.
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Analysis
Analysis: How Dixons Carphone’s new model will supercharge bricks and clicks
Dixons Carphone was set to fulfil its promises before coronavirus struck and chief executive Alex Baldock remains certain the retailer is on the right track as it builds an omnichannel proposition.
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Opinion'Why now is the time for D2C brands to shine'
Many investors are currently shying away from the retail industry, specifically the indirect brand economy.
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AnalysisAlgorithmic retailing: four steps to success
Retailers had to pivot at breakneck speed to meet the demands of the lockdown consumer, and those that found it easiest were the ones that took an algorithmic approach
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Opinion‘Retailers must seize Covid opportunity to radically restructure’
The need to transform to keep pace with consumer demands and habits is a never-ending narrative in UK retail.
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VideoFace time: Mercato Metropolitano founder Andrea Rasca on surviving lockdown
Mercato Metropolitano founder Andrea Rasca discusses how his business’ connection to community saved it from going under during lockdown and how to make social distancing work on the high street.
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News
John Lewis unveils virtual personal shopping service
Department store group John Lewis has launched a virtual personal shopping service using Zoom.
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NewsNext fends off M&S to close in on Victoria’s Secret deal
Fashion giant Next has agreed an outline deal to snap up the Victoria’s Secret business in the UK.
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NewsAmazon creates intelligent shopping trolley for supermarket launch
Amazon is to introduce a smart shopping trolley later this year at a California supermarket.
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NewsTOFS snaps up former Topps Tiles chief in board reshuffle
The Original Factory Shop has appointed recent Topps Tiles boss Matt Williams as its executive chairman as chief executive Emma Fox exits for a new role.
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NewsPoundland to launch online delivery as part of ‘biggest ever transformation’
Value retailer Poundland is set to launch its first-ever online delivery service and revamp its store estate as part of a new transformation programme.
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NewsMPs challenge Boohoo for ‘turning a blind eye’ to Leicester sweatshops
In a letter sent to Boohoo founders Mahmud Kamani and Carol Kane, MPs have called out Boohoo for falsely claiming no knowledge of the illegal working practices in their Leicester supply chain.
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NewsIntu slashes head office roles as future of centres hangs in the balance
Embattled landlord Intu has slashed jobs at both its London head office and one of its subsidiary property companies after collapsing into administration earlier this month.
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NewsBensons bolsters tops team as it prepares to streamline store estate
Bensons for Beds has appointed a new chairman and strengthened its executive team in a bid to drive the business’ profitable growth.
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Opinion‘Asos ticks the boxes for success in turbulent times’
Online fashion trailblazer Asos’ trading update this week was a sparkling exception that proved the generally dismal rule that the retail industry right now is under the cosh as never before.
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