All Retail Week articles in August 2021 – Page 2
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DataRanking: The top 20 retailers to work for in the UK, according to employees
The pandemic has tested retailers and their operations to the limit. But during an unprecedented 12 months, which businesses truly put their people before profit and prioritised the health and wellbeing of their workers like never before? Retail Week has teamed up with Glassdoor to find out the best places to work in retail and why, according to employees.
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NewsJohn Lewis and Waitrose raise drivers’ pay to combat shortage
John Lewis Partnership, owner of the eponymous department store business and grocer Waitrose, has become the latest retailer to increase drivers’ pay as the industry faces a shortage.
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Opinion‘Mike Ashley’s new era at Frasers needs a new generation of leaders’
“He’s the next generation,” Mike Ashley claimed, throwing up his left arm and pointing to the young man sitting beside him.
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NewsMike Ashley to step down as Frasers boss as profits tumble
Retail tycoon Mike Ashley has confirmed his intention to pass the mantle of chief executive to Michael Murray in the next financial year.
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NewsData: ‘Pingdemic’ hits footfall after short-lived ‘freedom day’ boost
Footfall over the month of July was down compared with June due to changeable weather conditions and an increase in the number of people being told to self-isolate.
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NewsTesco online director Rimal Patel quits to join Joules
Joules has poached Tesco’s online director Rimal Patel to spearhead its work with third-party businesses in the UK and overseas.
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NewsAdidas increases full-year outlook as pandemic recovery kicks off
Adidas has raised its full-year outlook as revenues in the EMEA and North American markets almost doubled in the brand’s second quarter following a challenging pandemic period.
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NewsAmazon delays office return to 2022 as delta variant spreads across USA
Amazon has postponed plans to return to the office until January next year as a surge in Covid-19 cases sparks concern across the United States.
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NewsPoundland boosts pay and training for lorry drivers amid shortages
Poundland is to offer training packages and enhance its bonus scheme for lorry drivers as it bids to draft in 100 new workers across three of its distribution centres.
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NewsAsda boss Roger Burnley steps down with immediate effect
Asda boss Roger Burnley has left the grocer with immediate effect, months before he had initially been due to step down – and with no successor in place.
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NewsFortress increases bid for Morrisons to £6.7bn
The consortium led by US private equity firm Fortress has increased its offer for Morrisons in a bid to fend off rival suitors.
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DataData: The sectors set to steal Christmas 2021
Retail Week’s latest report forecasts Christmas sales performance by category, revealing the product areas retailers should be placing their bets on.
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NewsMorrisons suitor CD&R mulls counteroffer as bid deadline extended
Morrisons bidder CD&R is considering an increased offer for the supermarket chain after rival suitor Fortress raised its bid last week.
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NewsAustralian fashion brand Forever New launches first UK store
Forever New has opened its first store in the UK in Meadowhall Shopping Centre, Sheffield.
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NewsMcColl’s considers fresh equity raise to drive Morrisons c-store expansion
Convenience chain and Morrisons wholesale partner McColl’s is exploring an equity raise to drive the expansion of its Morrisons Daily store format.
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InterviewInterview: Kingfisher’s Thierry Garnier on building a new mindset at the DIY giant
With the pandemic prompting an acceleration in-store and online innovation, Kingfisher chief executive Thierry Garnier talks us through the group’s new retail formats, its test-and-learn approach and how that has shaped a new way of thinking throughout the business.
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NewsData: Retail sales slow as weather dampens lifting of restrictions
Retail sales rose in July despite poor weather conditions dampening growth rates following the lifting of coronavirus restrictions.
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NewsHarvey Nichols launches online luxury resale service
Harvey Nichols has partnered with resale technology specialist Reflaunt to launch a second-hand fashion and accessories proposition online.
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NewsDeliveroo shares soar as German rival Delivery Hero gobbles up stake
German online food delivery giant Delivery Hero has snapped up a stake in Deliveroo, sending the share price of its UK rival soaring.
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NewsWatches of Switzerland revenues double as demand outpaces supply
Watches of Switzerland has hailed “strong” growth across its UK and US markets during the first quarter of its financial year.