All Retail Week articles in 25-31 July 2020 – Page 2
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News
Aldi 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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News
Shopify 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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News
Westfield 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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Data
Data: 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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Report Store
The 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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Analysis
The 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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Analysis
Four 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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News
Primark 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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News
The 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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News
Ebay 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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News
Next 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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News
July 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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News
Majestic 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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Analysis
Retail’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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News
John Lewis adds new people executive director to top team
The John Lewis Partnership has named the newest member of its overhauled executive team as Nikki Humphrey.
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Analysis
Amazon delivery offensive: grocery game-changer or false dawn?
Online powerhouse Amazon is taking on the big grocers with a free delivery service. Here, Retail Week’s executive editor and editor debate whether the new offensive will change the grocery landscape.
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News
Boohoo sets out parameters of Leicester factories review
Following the allegations of modern slavery in Boohoo’s supply chain in recent weeks, the fashion giant has announced the details of an independent review of its operations.
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Analysis
Analysis: Will mandatory face masks muzzle retail’s recovery?
Last Friday the government made face coverings mandatory for the public in all retail stores. Retail Week analyses what effect this will have on consumer confidence and economic recovery.
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News
Kingfisher poaches John Lewis digital director
Kingfisher has announced two new appointments to its customer & digital team, including former John Lewis digital director Sienne Veit.
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News
Selfridges axes 450 roles as sales drop ‘significantly’
Selfridges will be cutting 14% of its headcount – around 450 jobs – in a move that managing director Ann Pitcher said was “the toughest decision we have ever had to take”.
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