All Retail Week articles in 15-21 August 2020 – Page 2
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NewsFenwick full-year losses widen as pre-pandemic sales slide
Fenwick has suffered widening losses and falling sales in a what is described as an “extremely challenging” year, Retail Week can reveal.
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OpinionAldi CEO Giles Hurley: ‘Families need grocers’ help more than ever this summer’
Before Covid-19, an estimated 3 million children in the UK were at risk of going hungry over the summer holidays. It is a particularly trying time for many parents who must stretch budgets to cover extra childcare costs and provide meals usually taken care of at school.
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GalleryIn pictures: Selfridges’ sustainability push featuring innovative brands
On Monday, Selfridges launched its Project Earth campaign, which aims to change the way its customers shop by 2025.
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AnalysisMarks & Spencer job cuts – harsh medicine, but necessary
Marks & Spencer’s biggest round of job cuts ever has sent shockwaves through retail. Around 7,000 roles will be axed – and that is on top of 950 redundancies revealed just a month ago.
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NewsAsda eyes ecommerce expansion as online sales double
Asda has said it plans to expand its online delivery capacity to 1 million slots a week by next year after seeing online sales double in its second quarter.
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NewsGrocery sales lowest since pre-lockdown as market begins to return to normality
Sales of take-home groceries have fallen to their lowest levels since before the coronavirus plunged the UK into lockdown, according to the latest market share data.
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NewsWaitrose considering ban on plastic bags after Morrisons decision
Waitrose is set to follow the lead of supermarket competitor Morrisons by removing all multiple-use plastic bags from its stores.
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Report StoreThe Ultimate Guide to Unlocking Global Growth: Part Two
Power your cross-border strategy for the new ecommerce
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AnalysisMeet the global retailers powering their businesses for the new ecommerce
With the pandemic forcing retailers to shift attention to their ecommerce strategies, RWRC’s new report explores how British retailers are investing in online overseas markets and how others can follow in their footsteps.
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Opinion‘Tesco would be reckless to rival Amazon on free deliveries’
It didn’t take long for Amazon’s free grocery delivery revelation to spark a response from one of its mainstream rivals.
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NewsGymshark surpasses £1bn valuation with fresh investment
UK sportswear brand Gymshark has secured unicorn status after a fresh fundraising round saw the company’s valuation pass £1bn.
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NewsRent the Runway to close all stores to focus on ecommerce
Clothing rental business Rent the Runway has decided not to reopen its five bricks-and-mortar stores in the USA due to the Covid-19 pandemic and will focus instead on ecommerce.
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NewsJohn Lewis launches furniture rental service
John Lewis has partnered with rental marketplace Fat Llama to offer a furniture rental service.
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NewsMike Ashley’s Frasers Group bids for DW Sports
Mike Ashley has reportedly launched a bid for former rival Dave Whelan’s collapsed sports chain DW Sports.
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NewsTesco squares up to Amazon, lines up free delivery for premium members
Tesco boss Dave Lewis has said the grocer will add free delivery to its Clubcard Plus membership scheme in fightback against Amazon.
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NewsDebenhams lines up Hilco amid liquidation contingency planning
Debenhams has appointed Hilco in the event that it does need to liquidate stock, but has stressed that this move is not imminent and would be a last resort.
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NewsSelfridges puts repair and resale on agenda with ‘transformational’ sustainability push
Department store group Selfridges has launched a sustainability initiative described as “transformational” and which will “change the way we shop” over the next five years.
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NewsRetail Week Awards teams up with retailTRUST to celebrate and support sector
The Retail Week Awards is introducing a series of new categories and joining forces with retailTRUST in 2021 to celebrate and support the industry in the wake of the coronavirus pandemic.
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NewsHobbs boss to take dual role as Whistles MD steps down
Whistles boss Helen Williamson is to take early retirement after nearly six years with the retailer.
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NewsBike stores take prime city locations amid cycling boom
City centres have seen an influx of bike shops in prime locations as consumers have taken to cycling during lockdown.
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