All Retail Week articles in 15-21 February 2020 – Page 2
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NewsAsda blames ‘challenging market conditions’ for sales slump
Asda has blamed “challenging market conditions” for its fourth-quarter slump in like-for-like sales, particularly in clothing.
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NewsApple warns coronavirus will hit revenue guidance
Apple has warned that the disruption in China due to the coronavirus will begin to hit its sales forecasts.
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News‘Hundreds’ of Amazon workers injured in warehouses, says GMB
’Hundreds’ of workers have been injured or seriously hurt in accidents in Amazon warehouses in the UK, according to an investigation by the GMB Union.
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VideoVideo: MLB hits home run with Westfield Stratford pop-up
In a bid to drive footfall and raise the sport’s profile in the UK, Major League Baseball has opened its first semi-permanent pop-up store in Westfield Stratford. Retail Week visits the space, which features retail, food and drink, and leisure offerings under one roof.
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Retail VoiceThree ways to get ready for the new retail reality
The store is having a resurgence, says Salesforce’s Rob Garf, but there are some measures retailers need to take to stay ahead of the curve.
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NewsHammerson creates new exec role to drive mixed-use strategy
Institutional landlord Hammerson has created a new executive role to drive forward its City Quarters strategy, which will look to diversify the group’s portfolio away from its reliance on retail.
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NewsLaura Ashley to ‘consider options’ in scramble to secure funds
Laura Ashley has admitted it will “consider all appropriate options” if it cannot strike a deal to borrow additional cash from its lenders.
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NewsMarks & Spencer fires warning to landlords over loss-making stores
Marks & Spencer has warned its landlords it will shut underperforming stores, placing property owners on red alert for further closures.
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NewsSainsbury’s, Frasers and Shoe Zone plead for business rates reform
The bosses of Sainsbury’s, Frasers Group and Shoe Zone have piled further pressure on new Chancellor Rishi Sunak to reform the business rates system.
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NewsShoppers face higher prices without EU trade deal, BRC warns
British consumers face the prospect of higher prices and reduced availability if the Government fails to strike a comprehensive trade deal with the European Union, the British Retail Consortium has warned.
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AnalysisAnalysis: Chief strategy officer? Isn’t that the CEO’s job?
Strategy directors are de rigueur, with Asos, JLP and M&S all making big hires. But are they “a fashion accessory”, as one chief executive claims, or a necessary exec role in today’s fast-changing climate?
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