All Retail Week articles in 12-18 October 2019 – Page 2
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Retail VoiceWhat does experience really mean?
Brand and retail consultancy Fitch’s Morgan Holt explains how to break down the concept of ’experience’ into something more usable
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NewsAsos profit tumbles despite increased sales
Asos has reported a nosedive in its profit before tax despite strengthening sales in its full-year results, with boss Nick Beighton warning of more work ahead to turn the business around.
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NewsCustomers ‘more mindful than ever’ of plastic, says John Lewis
UK consumers in 2019 waged war on plastic waste, focused more on convenience than ever before and followed the fashion trends they saw on television, according to John Lewis.
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NewsTed Baker appoints new American boss
Fashion brand Ted Baker has hired former Scotch and Soda boss Ari Hoffman as the new chief executive of its US business.
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NewsLidl to invest £15bn in UK supply chain over next five years
Lidl has committed to investing £15bn into UK businesses over the next five years, as the discounter aims to provide suppliers with “support and ability needed to invest and grow”.
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NewsRetail business rates to increase by £137m
The BRC has warned that retailers face a £137m business rates hike from next April based on the latest figures from the government’s consumer price index (CPI), which will pile more pressure on the sector.
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NewsFlipkart to launch online grocery business FarmerMart
Walmart-owned Flipkart has unveiled plans to enter the grocery market in its native India.
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NewsJobs at risk as Jessops approaches administrators for property arm
Photographic retailer Jessops has approached administrators in a bid to salvage its struggling property arm.
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NewsHome Bargains profits climb as it plans to double store footprint
Home Bargains’ full-year sales passed the £2.5bn milestone as the business ramps up for aggressive bricks-and-mortar expansion.
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AnalysisAnalysis: How Asos plans to get back on trend
This time last year signalled the start of a very bumpy road for Asos. After a difficult autumn – a peak trading period – the unthinkable happened.
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AnalysisAnalysis: John Lewis’ restructure – bold or baffling?
When John Lewis Partnership chair Sir Charlie Mayfield unveiled a restructure of the bellwether retailer, so radical was the overhaul that jaws dropped across the industry.
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NewsWHSmith unveils $400m Marshall Retail acquisition as profits edge up
WHSmith is set to double the size of its international travel business with the acquisition of US travel chain Marshall Retail, as it unveiled full-year sales and profit growth.
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NewsRetail sales in September flat, says ONS
Retail sales were broadly flat in the month of August but did increase year on year, according to the latest figures from the Office for National Statistics.
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NewsFenwick swings to loss as boss Feather fashions its future
Fenwick has swung to a loss after suffering a slump in sales during a “challenging year for retail”.
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OpinionLeader: Never mind the carpets, WHSmith’s Clarke leaves the firmest of foundations
The state of WHSmith’s carpets might prompt mirth on social media, but there’s nothing shabby about the legacy of departing chief executive Steve Clarke.
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VideoWill Christmas 2019 be ho-ho-ho or humbug for retailers?
With some retail leaders preparing for ‘the worst Christmas since Woolworths collapsed’ in 2008, the team debate if businesses will be full of festive cheer or fear by the end of 2019.
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OpinionMove of the Week: Ted Baker hopes for American dream
Ted Baker continues to move on from the Ray Kelvin era with the news this week it has appointed its first-ever US chief executive.
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Retail VoicePrinciples of persuasion to tap into e-consumer psychology
Four key psychological principles that should be applied to ecommerce marketing to ensure high conversion rates
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OpinionOpinion: ‘Why’ is more important than ‘what’ for successful retailers
I have two daughters. Last weekend, I found myself fielding the following questions (among others): “Dad, why don’t people share their homes with homeless people?”; “Why did the First World War start?”; “Why do I need to do maths when I have a calculator on my phone?”; “Why do I need to lay the table, why can’t Evie?” And the classic: “Dad, why are you so embarrassing?”
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NewsAsda owner Walmart offloads pension liabilities as it eyes float
Asda’s owner Walmart has signed a deal to offload nearly £4bn of the UK grocer’s pension liabilities, clearing the path for a stock market flotation.
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