All Retail Week articles in April 2022 – Page 2
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Retail Voice10 stats every retailer needs to know about crypto adoption
Cryptocurrency as a payment method is increasing in popularity, particularly among millennials. This is according to new Checkout.com research, which finds that 40% of consumers aged between 18 and 35 plan to pay using crypto in 2022. Here’s what retailers need to know.
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NewsMcColl’s seeks refinancing after latest profit warning
McColl’s has issued a profit warning after a “softer” Easter trading period.
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NewsMorrisons, Asda and Amazon price strategies polarise as retailers tackle inflationary pressures
Morrisons and Asda have reduced prices while Amazon has warned of price rises as the retail sector grapples with soaring inflation.
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AnalysisSustainability and savings: the six apps your customers will be downloading in 2022
As more transactions are carried out on mobile devices and consumers seek easier and better ways of living, shopping and saving, Retail Week explores the apps shoppers will be downloading in 2022.
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NewsWilko poaches Post Office exec for retail director role
Home and garden retailer Wilko has revealed the appointment of Amanda Jones as retail director.
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NewsExclusive: Grocers face further pressure following collapse of major Greencore supplier
Grocers face the prospect of further pressure on food availability and price following the collapse into administration of a Dutch-Spanish fruit and vegetable grower.
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AnalysisAnalysis: Five ways outgoing B&M boss Simon Arora created a value powerhouse
B&M chief executive Simon Arora will step down next year, having transformed the value operator into a UK retail powerhouse over the past two decades. His time at the helm offers lessons aplenty for his contemporaries, as Retail Week explores.
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NewsExclusive: Carpetright chair Wilf Walsh to step down
Wilf Walsh is to step down from the helm of Carpetright parent Nestware, Retail Week can reveal.
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NewsB&M boss Simon Arora to retire next year
Simon Arora will step down as chief executive of B&M next year after 17 years of leading the business.
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DataData: Retail sales drop in March driven by decline in online spend
Retail sales fell year on year in March as pre-pandemic habits and hobbies returned.
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NewsNestlé warns of further price hikes as inflation soars
FMCG conglomerate Nestlé has said that more price rises will hit this year as it tackles inflationary pressures.
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NewsData: Consumer confidence tumbles as cost-of-living crisis intensifies
Consumer confidence fell sharply in April as people grappled with rising costs.
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NewsIssa brothers’ EG Group to create 32,000 jobs in next five years
EG Group, the petrol station and food retail business owned by the Issa brothers, plans to create 32,000 jobs globally over the next five years.
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Opinion‘Landsec’s new leasing strategy shows landlords are beginning to accept reality’
Landsec’s sensible new leasing options for its retail occupiers offer flexibility and a range of opportunities for partners. Is this an indication that landlords have finally accepted the reality of retail property’s situation?
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NewsThe Hut Group posts record sales as profits rise
The Hut Group (THG) has recorded a rise in both profits and revenues in its full-year results as the online retailer and tech platform clarified ongoing speculation around a potential sale of the group.
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DataData: Discretionary income falls in poorest households as cost-of-living crisis deepens
The cost-of-living crunch is hitting the UK’s least affluent households the hardest, with discretionary spending among the poorest households already declining.
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NewsManoMano launches trade marketplace to supercharge UK growth
ManoMano has launched a dedicated online marketplace for UK trade professionals called ManoManoPro, which co-CEO Philippe de Chanville says offers a greater variety of products and prices than its competitors.
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AnalysisNow trending: Why Google, Netflix and Buzzfeed are embracing the physical store
In recent years, shoppers have been greeted by some surprising additions to high streets and airports. Instead of traditional retail brands commanding new space, leading social media and editorial brands such as Buzzfeed, TikTok and Highsnobiety are flirting with the idea of a permanent physical presence. What has prompted the interest in moving into physical retail for such brands? Retail Week takes a look at the motivation behind the moves.
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GalleryStore gallery: Uniqlo and Theory join forces to celebrate ‘spirit of London’
Sister brands Uniqlo and Theory have opened a joint store on London’s Regent Street.
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NewsFarfetch launches beauty marketplace following Violet Grey acquisition
Luxury ecommerce platform Farfetch has launched a beauty marketplace on its website following its acquisition of Violet Grey earlier this year.