All Retail Week articles in 22-28 August 2020 – Page 3
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NewsConcerns over job losses plague consumer confidence
Consumer confidence remained the same for the second month running, as customers face growing economic concerns.
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NewsAsda bids lined up by former CEO and ex-Debenhams boss
Former chief executives of Debenhams and Asda are understood to be working with private equity groups on a bid for the supermarket chain.
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NewsGlobal Fashion Group breaks even as online shift boosts sales
Global Fashion Group recorded its second quarter of growth this year, as the ecommerce shift in fashion and lifestyle shopping “continues to accelerate”.
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NewsMothercare finalises its franchise deal with Boots
Struggling retailer Mothercare has announced a franchise deal with Boots that will see its current range of products extended in the health and beauty retailer’s stores.
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AnalysisThe Big Question: Should there be a cap on CVAs for retailers?
As the coronavirus continues to hammer sales and customer footfall levels show no signs of returning to pre-Covid levels any time soon, more struggling retailers are turning to insolvency procedures such as CVAs to survive. However, with many brands having a second or third bite of the cherry, industry experts debate whether a cap should be put in place
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NewsOcado Solutions set to build first Aeon warehouse in Japan
Ocado Solutions, a subsidiary of Ocado, has partnered with Japanese shopping centre giant Aeon to build the country’s first customer fulfilment centre.
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NewsAmazon and Morrisons ramp up partnership in grocery push
Etail giant Amazon has installed a Morrisons platform on its main website, enabling shoppers to purchase groceries that way for the first time.
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NewsFrasers Group chair in closed-period share-buying blunder
The non-executive chair of Mike Ashley’s Frasers Group accidentally bought shares in the retailer ahead of this week’s results.
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NewsShopworkers’ union launches petition to protect retail staff
Trade union Usdaw’s leader Paddy Lillis has launched a House of Commons petition to help protect retail workers from violence and abuse.
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NewsSosandar remains in the red despite soaring sales
Sosandar reported another loss last year despite a jump in sales, with co-chief executives Ali Hall and Julie Lavington “cautiously optimistic” about the brand’s future.
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NewsHamleys chief executive to step down after seven months
Hamleys chief executive David Smith will step down from his role in August, after just seven months with the business.
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NewsM&S to axe 7,000 roles as coronavirus hammers sales
Marks & Spencer is set to cut 7,000 roles across the business in the next three months, as it looks to streamline its strategy amid the coronavirus pandemic.
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OpinionPeter Williams: ‘Covid caution means it will take years for city centres to recover’
In my lifetime we have never experienced anything like the Covid pandemic. In the last few months, we have seen seismic changes in the way that both consumers shop and we, as retailers, work.
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NewsMarks & Spencer and Waitrose square up ahead of Ocado switchover
Marks & Spencer and rival Waitrose have both launched marketing initiatives to draw customers as their relationship with Ocado changes.
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