All Retail Week articles in 5 July 2019 – Page 2
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Opinion
Leader: Retail must help itself on Brexit if new PM won’t
As the clock ticks into a pivotal month for the future of the UK and its economy, retailers could be forgiven for feeling far from optimistic.
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Opinion
Bryan Roberts: Sainsbury’s stores still a mixed bag
Against a backdrop of relentless discounters, a resurgent Tesco and a recovering Asda, Sainsbury’s put out its first-quarter update this morning, putting a brave face on what might be considered a tepid set of numbers.
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News
Monsoon Accessorize CVA passed by creditors
Monsoon Accessorize’s CVA has been passed by its creditors, paving the way for hefty rent reductions at around half of its stores.
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News
Sosandar sales rocket as losses narrow
Sosandar has registered a surge in sales and narrowed losses during its full-year results as it “continues to expand its product range” to fuel “future growth”.
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News
Coupe: ‘You couldn’t choose a worse date’ for Brexit
Sainsbury’s chief executive Mike Coupe has lamented the timing of Brexit and insisted “you couldn’t choose a worse date” than October 31 for Britain to leave the EU.
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News
The Hut Group sales and profits soar in ‘landmark year’
The Hut Group has posted an uplift in full-year sales and profits bolstered by international growth as the retailer scaled up investments across its brands and technology.
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News
The Works profits dip as like-for-like sales rise
The Works reported a decline in its profit before tax, despite an increase in its like-for-like sales.
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News
Topps Tiles like for likes increase in third quarter
Topps Tiles has reported a rise in like-for-like sales in its third quarter and improved trading from the levels reported in the first half of the year.
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News
Sainsbury’s sales fall in ‘tough’ first quarter
Sainsbury’s like-for-like sales fell by 1.6% in the first quarter, as the grocer struggled in what it described as a “tough market”.
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News
Amazon to create 2,000 new UK jobs
Amazon is set to increase its UK headcount to nearly 30,000 with recruitment to 2,000 new roles across the organisation this year.
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News
Consumers given ‘welcome break’ as shop prices fall
Shop prices fell last month for the first time since October last year in a sign of “fierce competition between retailers”, according to the BRC-Nielsen Shop Price Index.
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News
Fortress closes in on £100m Majestic Wine deal
US private equity firm Fortress is closing in on a £100m deal to buy Majestic Wine – and has sounded out industry veteran Dan Jago to run the business.
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News
Sports Direct’s long-standing head of retail Karen Byers exits
Sports Direct’s retail chief Karen Byers has abruptly exited the retailer after a 28-year stint at the business.
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Opinion
Opinion: JLP must beware death by a thousand cuts
John Lewis partners have been dealt a blow by the news that some of them will lose their partnership status – and thousands of pounds each year.
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Interview
Interview: Zalando womenswear boss on building ‘the Spotify of fashion’
Zalando’s vice president of womenswear Sara Diez talks to Retail Week about how the online retailer is aiming to become the ultimate go-to destination for fashion
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Analysis
Analysis: The new route to retail CEO
In the rapidly changing world of retail, what are the skills that a future chief executive needs and what roles are desirable as they make their way to the hot seat?
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News
Office latest high street retailer to mull CVA
Office is considering launching a CVA as part of a restructuring process which is expected to take place over the next few weeks.
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News
Bonmarché management sell stakes to Day
Bonmarché’s management have sold their shares in the business to Philip Day, just weeks after telling shareholders to ignore the entrepreneur’s offer.
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