All Retail Week articles in 9-15 November 2019 – Page 2
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News
Call for government action as store staff suffer rise in violence
Trade body the BRC and shopworkers union Usdaw have come together to demand tougher action from the next government to address violence against retail staff after it surged 25% over the last year.
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Opinion
Poundland: Why we deserve pride of place on Princes Street
Imagine my surprise last month when a Google alert told me The Times Scotland had decided the arrival of the latest Poundland store on Edinburgh’s premier shopping destination “threatens to cheapen Princes Street”.
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Retail Voice
Why standing out in ecommerce is the key to survival
To compete effectively in online retail businesses need to think differently in order to accelerate their digital evolution.
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News
Shop Direct secures funding from Barclay brothers
Shop Direct has secured £150m of additional funding from its parent company to plug a gap in equity triggered by an unexpected surge in PPI claims earlier this year.
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News
Online sales during Black Friday will be lowest ever, says IMRG
IMRG has given its “lowest Black Friday forecast” for online sales ever ahead of the major discounting event.
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News
Global Fashion Group losses continue to narrow as sales rise
Global Fashion Group (GFG) posted an increase in sales during a “strong” third quarter.
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News
Nike cuts ties with Amazon to focus on direct to consumer
Nike has ended its long-term pilot programme with Amazon, as it looks to focus more on selling direct to consumer.
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News
British Land retail property portfolio haemorrhages tenth of value
British Land is the latest institutional landlord to suffer as the high street malaise reduced its retail property portfolio values by a tenth.
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News
Majority of Asda staff sign new contracts as grace period ends
Asda has said almost 120,000 staff have signed new contracts after a protracted battle with the GMB union that has drawn widespread political and media attention.
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News
KKR makes formal approach for Walgreens Boots Alliance buyout
Private equity firm KKR has reportedly made a formal approach to buy Boots’ parent company and take the business private in what could be the largest leveraged buyout on record.
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News
Mulberry losses widen as ‘challenging’ UK market hits sales
Mulberry has posted widening losses at the interim mark as it seeks to increase focus on its international portfolio to offset sluggish UK sales.
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Analysis
Analysis: Should retailers focus on getting better, not bigger?
Despite the punishing retail climate, most retailers are still expected to grow. But is the right thing to do? Is it time for a reset of corporate expectations? Is it time for retailers to concentrate on getting better, not bigger?
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Retail Voice
Why sustainability is vital for retail competitiveness
With retail’s environmental impact front of mind for consumers and retailers alike, Accenture’s Siobhán Géhin explains why a circular business strategy is key to staying competitive.
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News
West End to receive £2.9bn ‘rebirth’ fund
London’s Oxford Street and its surrounds are set to receive £2.9bn in additional investment by the end of 2022, which will “catalyse the birth of a new West End”.
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Analysis
Analysis: New Look sales are under pressure but profit is priority
Value fashion retailer New Look’s first-half figures showed signs of progress in its recovery following last year’s CVA and resulting financial restructuring.
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News
Amazon to launch new standalone grocery store format
Amazon has revealed its plans to open a new grocery store format – separate from Amazon Go and Whole Foods Market – as part of its long term plans to ramp up its food offering.
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Opinion
Opinion: Should B&M say auf wiedersehen to Germany?
The usually infallible B&M posted a subdued set of interim results this morning.
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News
M&S pushes value credentials in new food campaign
Marks & Spencer aims to spotlight “great-value everyday prices” in a food marketing campaign launching tomorrow.
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Opinion
Peter Williams: In 2019, retailers may as well pull Christmas forecasts from a hat
With the peak trading season for many retailers just kicking off, this is the time of year for finance directors to be at their most anxious as they focus on their forecasts for the financial year.
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News
Landsec trumpets new developments despite retail woes
Landsec is pushing ahead with 1 million sq ft of new London property developments as it seeks to offset falling portfolio values bought on by the troubles in the retail sector.
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