All Retail Week articles in August 2021 – Page 5
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AnalysisMichael Murray: The man Mike Ashley is entrusting with the future of Frasers
Who is the man Sports Direct founder Mike Ashley has appointed as his successor and can he turn around the retailer’s fortunes?
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DataData: Online sales drop eases in July but decline continues
Online retail sales in July continued their declining trend seen throughout the summer, although the drop eased somewhat compared with previous months.
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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.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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.