All Retail Week articles in 22-28 August 2020 – Page 2
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News
New Look launches CVA following new financing
Under-pressure fashion retailer New Look has unveiled CVA proposals after conducting a £440m debt-for-equity swap and with lender backing.
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News
Debenhams gears up for business rates battle to decide its future
Department store chain Debenhams is gearing up for a battle over a proposed business rates hike on one of its stores that it says could decide the future of the whole group.
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News
Frasers Group considers mothballing Bob’s Stores chain after Nike severs ties
Frasers Group has launched a strategic review of its Bob’s Stores chain in the US after Nike revealed it will stop supplying product to the business.
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Data
Five ways retailers can find recovery this Christmas
With the festive shopping season forecast to look very different compared with previous years, Facebook has shared insights on how retailers can make gains this Christmas period.
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Gallery
In pictures: Morrisons’ new ‘part grocery, part takeaway’ format in Manchester
Morrisons has launched a new Market Kitchen format in Manchester, which it describes as a “part grocery, part takeaway” concept.
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Opinion
‘Tesco and AO can kick-start the retail jobs evolution’
Sixteen thousand people. That’s enough to fill Hampshire Cricket’s Ageas Bowl, where England have been taking on Pakistan in a test match this week.
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News
John Lewis launches virtual queueing trial in stores
John Lewis and Waitrose are piloting virtual queuing technology in stores to eliminate physical queues and protect customers from coronavirus.
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News
Treasury denies chancellor is looking to ditch digital sales tax
The Treasury has denied it is considering ditching the £500m digital sales tax first introduced in March, following reports at the weekend.
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News
Studio Retail profits grow as it anticipates ‘strong’ Christmas trading
Online value retailer Studio has reported positive full-year results, which have since been strengthened by trading throughout the last 20 weeks.
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News
London and Southeast bounce back as rate of footfall growth jumps fourfold
Retail footfall across the UK jumped 4.1% last week, driven by surges in Greater London and the Southeast.
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News
Tesco to create 16,000 jobs to support online growth
Tesco will create 16,000 jobs to support the “exceptional” growth in its online business during the coronavirus pandemic.
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News
M&S gets into gear for drive-up click and collect
Marks & Spencer is piloting drive-thru order collection as part of an initiative with specialist technology partner Doddle to extend its click-and-collect proposition, Retail Week can reveal.
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News
Retailers and landlords clash over rent holiday
The biggest lobby groups representing retailers and landlords have become embroiled in a row over rent holidays amid the coronavirus crisis.
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News
Frasers Group rescues DW Sports from administration in £37m deal
Frasers Group has rescued Dave Whelan’s DW Sports from administration in a £37m deal.
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News
Debenhams parent company Celine teeters on brink
Debenhams’ parent company has drafted in advisers as it prepares to enter administration, just months after the department store chain collapsed for the second time in a year.
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News
John Lewis poised to axe ‘never knowingly undersold’ price promise
John Lewis is preparing to scrap its “never knowingly undersold” price promise as part of new chair Dame Sharon White’s strategic review of the business.
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Opinion
‘Avocados at dawn as M&S and Waitrose prepare for clash after Ocado switchover’
In just over a week’s time, a venture that Marks & Spencer hopes will be transformational goes live – its tie-up with online grocer Ocado, bringing its food range online for the first time.
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Analysis
Small share, deep pockets – but should Amazon really have the grocers worried?
Amazon has created plenty of noise about its food offer in the UK, but to date, it has failed to win shoppers in any significant number. Should the major grocers be concerned or does Amazon’s foray into food amount to little more than a damp squib?
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News
AO creates 650 new jobs as it targets ‘significant’ growth
AO.com has kicked off a nationwide recruitment drive as the etailer seeks to capitalise on the digital shift sparked by the coronavirus crisis.
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News
M&S chair Norman urges return to offices – ‘You can’t run a retailer from the sofa’
Marks & Spencer chair Archie Norman has called on businesses to bring staff back to offices as retailers suffer from depressed footfall in big city centres.
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