All Retail Week articles in 22-28 February 2020 – Page 2
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Retail VoiceThree ways AI will transform delivery
Artificial intelligence has become the technology – or rather family of technologies – du jour. The hype might be real, but so is the opportunity.
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AnalysisData: The world’s 100 largest retailers by revenue
Eighty-eight European companies made it into Deloitte’s Global Powers of Retailing ranking, which analysed the performance of the top 250 global retailers.
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NewsForever 21 names former H&M US boss as new chief executive
The new owners of fast-fashion retailer Forever 21 have named former H&M US president Daniel Kulle as chief executive to steer the business out of bankruptcy.
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NewsHammerson eyes further disposals this year with ‘nothing off the table’
Hammerson is considering further disposals this year and selling stakes in assets across its flagship centre and premium outlet portfolios, according to a senior executive.
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GalleryStore gallery: Tesco unveils first city-centre cashless store
Tesco has opened a cashless store as the number of customers paying with physical money declines in its Express stores. The store format in High Holborn, central London, is the second of its kind.
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NewsBoux Avenue calls in advisers as it mulls store closures
Boux Avenue has reportedly appointed advisers from Deloitte to discuss a potential insolvency process resulting in store closures.
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NewsTesco to axe 1,800 roles in store bakery shake-up
Tesco is to axe more than 1,800 roles as part of sweeping changes to the way it operates its in-store bakeries.
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OpinionOpinion: Walmart’s $50bn onslaught on Amazon has lessons for all
Walmart might have disappointed analysts with a fourth-quarter sales slowdown, but its online business is powering ahead amid a concerted counterattack on Amazon.
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NewsTesco exits China with £275m deal
Tesco has sold its 20% holding in Chinese business Gain Land as it increases focus on its core operations.
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NewsTed Baker in talks to sell off London headquarters
Ted Baker is set to sell off its Ugly Brown Building headquarters in north London in a bid to raise funds following its accountancy crisis.
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NewsHotel Chocolat’s ‘strong’ sales boosted by new store openings
Hotel Chocolat has posted “another strong” set of results, which chief executive Angus Thirwell attributed to offering its customers a “wider variety of sales channels”.
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NewsHammerson profits fall against challenging retail backdrop
Shopping centre owner Hammerson has posted falling profits and rental income during its full-year results.
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Retail VoiceDoes print have a place in the store of tomorrow?
Javier Lopez, head of vertical solutions EMEA at OKI Europe, explores the future of print in the retail environment as countless digital technologies come to market.
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NewsPrimark finance boss bullish on coronavirus supply chain issues
Primark finance director John Bason said the value fashion retailer is “under less pressure than other retailers will be feeling” following the outbreak of coronavirus.
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NewsCoronavirus: Crunch time looms for general merchandise supply chain
The next month will be a make or break period for many retailers desperate to avoid empty shelves as the coronavirus crisis and its impact on the supply chain intensifies.
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NewsHalf of shoppers to avoid goods shipped from China as coronavirus fears rise
Nearly half (48%) of shoppers have said they would avoid goods from sellers shipped directly from China if coronavirus continues to spread.
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NewsPrimark reports sales rise, but warns coronavirus may hit supply
Primark has reported an uplift in interim sales driven by its new space, but flagged that if coronavirus persists it may result in some product shortages later in the year.
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NewsJohn Lewis’ new boss White may row back predecessor’s transformation plans
John Lewis’ new chair Dame Sharon White has hinted that she may defer from the transformation roadmap laid out by her predecessor Sir Charlie Mayfield.
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OpinionOpinion: Sustainability and purpose are crucial to the future of retail
Retail is facing a period of unprecedented change, as a focus on sustainability and having an authentic purpose become more important to brands and consumers while digital disruption continues.
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