All Retail Week articles in 25-31 July 2020 – Page 2
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AnalysisRetail’s new lipstick effect: what products will fly off the shelves post-Covid?
During past recessions, consumers have snapped up small luxuries, such as lipstick, to make themselves feel better. But with face masks making a lipstick uptick unlikely, which treats will shoppers indulge in now?
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NewsMajestic toasts surge in sales and eyes new store openings
Majestic Wine has toasted a surge in sales during lockdown and lifted the lid on its growth plans, including new store openings.
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NewsJuly shop prices fall as retail tries to lure shoppers back to high street
Shop prices have fallen for the fourteenth consecutive month, as retailers take to discounting to tempt customers back to stores.
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NewsNext quarterly sales drop ‘better than expected’
Next has suffered a drop in full-price sales during its second quarter, as the business struggles to tempt shoppers back to stores.
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NewsEbay UK records lockdown surge in new businesses
Ebay UK has reported a lockdown start-up boom as the number of new businesses joining the platform more than doubled in the second quarter.
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NewsThe Hut Group appoints seven banks to aid potential IPO
The Hut Group has named seven banks – including JP Morgan and Goldman Sachs – to oversee a potential £4.5bn flotation.
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NewsPrimark launches clothing recycling programme
Primark has established an in-store recycling scheme to help curb the impact of textile waste on the environment.
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AnalysisFour must-see graphs from Next reveal lockdown trading pattern
Fashion giant Next’s latest update showed “a much better position than anticipated three months ago”. These graphs eloquently tell the story of how performance has played out and the impact of store reopenings.
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AnalysisThe Big Question: Will an online sales tax level retail’s playing field?
Chancellor Rishi Sunak is reportedly considering an online sales tax to raise £2bn a year. Industry experts offer their views on whether this mooted move could level the playing field between digital and high street businesses.
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Report StoreThe UK’s Top 30 Most Productive Retailers of 2020
UK labour productivity plummeted to its lowest level since 1974 in recent months. Retail leaders have been forced to rethink their operations to drive efficiencies in their businesses wherever possible, just to keep their heads above water.
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DataData: The UK’s top 30 most productive retailers of 2020
With retailers facing unprecedented challenges as a result of the coronavirus crisis, productivity has never been more paramount.
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NewsWestfield hails ‘encouraging’ footfall in reopened malls
Property giant Unibail-Rodamco-Westfield (URW) has hailed an “encouraging footfall recovery” at its malls since they reopened following lockdown.
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NewsShopify sales surge to topple rival eBay for first time
Shopify has registered a surge in second-quarter sales as revenues raked in through its websites surpassed those of rival eBay for the first time.
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NewsAldi to create 1,200 new jobs before Christmas in store expansion drive
Aldi is to create more than 1,200 new jobs before the end of the year as it presses ahead with ambitious expansion plans despite the coronavirus crisis.
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NewsJohn Lewis chair White sets out new course in strategy update
Department stores and grocery group John Lewis Partnership has revealed the direction it will take following a strategic review.
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NewsScS ‘encouraged’ by post-lockdown trading results
ScS has recorded a sharp uptick in its order intake since lockdown regulations began to ease, as it feels the benefits of pent-up consumer demand.
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Opinion‘Don’t believe all the online hype – Next and Majestic show value of stores’
Amid a slew of strategic shifts focused on online growth and store closures, it was refreshing to have some timely reminders of the power of bricks and mortar this week.
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NewsArgos scraps catalogue after nearly 50 years
Argos has announced plans to stop printing its famous paper catalogue after 47 years, as the retailer makes a definitive shift to online.
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NewsM&S triples number of stores offering mobile pay tech
Marks & Spencer has upped the number of food stores offering a checkout-free shopping experience from 100 to 310.
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Opinion‘John Lewis chair White keeps the best and updates the rest’
Meet the new John Lewis, same as the old John Lewis – up to a point, anyway. And up to an important point, which should never be lost.
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