All Retail Week articles in April 2022 – Page 5
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Analysis
The four consumer personas driving spend in 2022 and beyond
Four distinct consumer groups have emerged from the pandemic and they will influence spending for years to come. Retail Week’s new report, launched this week, reveals who they are.
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Retail Voice
Can pop-up retail create permanent customers?
Are pop-up shops and concessions on the rise in 2022? Zendesk’s Celine Maher discusses the pros and cons of these temporary retail spaces and how they can be successfully executed.
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Gallery
Store gallery: New Selfridges pop-up experiments with ‘future of retail’
Selfridges has unveiled what the sustainable store of the future could look like in its Supermarket pop-up.
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News
Co-op targets 50% online growth in challenging year to come
The Co-op aims to notch up 50% online sales growth this year as it bolsters its multichannel operations.
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Analysis
Pushing your purpose, driving diversity and reinventing stores – the best of WRC 2022
Ahold Delhaize, Nike, Ikea and Currys – the big names and key takeaways from WRC 2022
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News
Tesco awards staff biggest pay rise in a decade
Tesco has revealed plans for significant investment in its workers, which will involve increasing hourly pay rates for store and warehouse staff by 5.8%.
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News
Co-op profits plunge as supply chain disruption takes toll
The Co-operative Group has reported a steep fall in annual profits after its performance was hit by “food supply chain disruption during system transformation”.
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News
Primark launches new customer-facing website
Primark has set live its new customer-facing website, which allows shoppers to check stock before heading to stores.
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News
Boots extends Price Advantage scheme to online and more products
Health and beauty giant Boots has bolstered the number of products available to members of its Price Advantage loyalty programme and launched it online.
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Analysis
Deep dive: How the cost-of-living crisis will hit retailers and their customers
Retail Week explores the impact of the current world crisis on each customer and business and asks what, if anything, can be done.
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Opinion
Helen Dickinson: ‘As war and cost of living dominate headlines, doing the right thing has never been more important’
Supporting colleagues through difficult times and protecting customers from the full shock of rising costs is vital to building and retaining loyalty, says BRC chief executive Helen Dickinson.
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Data
Data: Footfall bounces back in March as shoppers return to stores
Footfall made a noticeable recovery in March compared with February, almost returning to the levels recorded last year before the Omicron variant emerged.
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News
Gymshark international restructuring plan puts 121 jobs at risk
Gymshark has outlined proposals for restructuring at the sportswear brand that could lead to the loss of 121 jobs.
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News
Paul Polman: Retailers that fail on climate change are ‘heading to the graveyard’
Former Unilever boss Paul Polman has urged retailers to escape “the rat race of quarterly reporting” in order to drive longer-term change on sustainability.
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News
Farfetch invests up to $200m in Neiman Marcus in ‘pivotal point’ for US luxury market
Farfetch will snap up a minority stake in US department store chain Neiman Marcus as part of a strategic partnership between the two luxury retail firms.
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News
Iceland cuts minimum order value for free delivery to help cash-strapped shoppers
Iceland has launched a trial to reduce the minimum order value required to access free delivery slots for online shops in a bid to help shoppers “feeling the pinch” in the growing cost of living crisis.
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News
Shein hits $100bn valuation following fundraising
Chinese fast fashion giant Shein has been valued at more than $100bn in its new fundraising round, surpassing the market capitalisation of Inditex and H&M combined.
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Be Inspired
Retail Week launches programme to drive greater diversity in legal roles
Retail Week’s General Counsel Summit 2022 sees the launch of the Future Leaders programme – in partnership with Be Inspired – to help support junior lawyers from underrepresented backgrounds to fulfil their career aspirations.
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Opinion
‘After Morrisons’ gloomy update, Tesco will set tone for all of retail next week’
A downbeat trading update from grocer Morrisons raised questions over prospects for other grocers and the retail industry more widely.
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News
The Works forced to close several stores following cyberattack
The Works has temporarily shut some of its shops and suspended deliveries to stores in response to a cyberattack last week that involved “unauthorised access to its computer systems”.