All Retail Week articles in 9-15 November 2019 – Page 2
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OpinionOpinion: 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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NewsAmazon 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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AnalysisAnalysis: 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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NewsWest 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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Retail VoiceWhy 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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AnalysisAnalysis: 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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NewsMulberry 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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NewsKKR 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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NewsMajority 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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NewsBritish 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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NewsNike 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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NewsGlobal 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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NewsOnline 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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NewsShop 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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Retail VoiceWhy 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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OpinionPoundland: 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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NewsCall 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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NewsCard Factory posts sales rise helped by store openings
Card Factory has recorded a 5% rise in group sales in the year to date and expects profits to meet expectations.
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VideoWatch: John Lewis and Waitrose unveil first joint Christmas ad
John Lewis & Partners and Waitrose & Partners have created a joint Christmas advert for the first time as the two retailers prepare to operate as a single business.
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NewsBurberry beats Hong Kong disruption as new strategy progresses
Burberry has said its new strategy is “on track” despite being affected by the civil unrest in Hong Kong.
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