All articles by Caoimhe Gordon – Page 8
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News
Bezos pledges $2bn to fight climate change in COP26 speech
Amazon founder Jeff Bezos has pledged to donate $2bn for land restoration in Africa as part of his Bezos Earth Fund.
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News
THG shares plummet to record low as BlackRock sells half its stake
THG’s largest institutional investor BlackRock has sold almost half of its shares as the online retailer faces ongoing concerns around its corporate governance and business model.
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Data
Ranking: From M&S to Iceland – UK consumers’ favourite brands
Marks & Spencer has been crowned the best retail brand according to shoppers in YouGov’s UK Retail Rankings 2021.
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Data
Data: Consumer confidence drops for third month in a row
October marked the third month in a row that consumer confidence fell as consumers faced ongoing fuel and food shortages and rising inflation, as well as a growing number of Covid-19 cases.
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Analysis
From float to flop – why the pandemic’s winners are struggling on the stock market
For retail businesses booming during the pandemic, an IPO seemed like the natural next step. Yet for many of the 2020 winners share prices have plummeted – Retail Week asks why.
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News
Amazon, Ikea and Inditex commit to zero-carbon shipping by 2040
A group of nine major international companies has pledged to use only zero-emission ships to transport goods by 2040 in a fresh attempt to decarbonise ocean shipping.
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News
Burberry poaches new chief executive from Versace
Burberry has named Versace boss Jonathan Akeroyd as its new chief executive to replace the outgoing Marco Gobbetti.
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Gallery
Store gallery: M&M’s opens Berlin flagship driven by digital experiences
M&M’s new flagship in the heart of Berlin presents visitors with digital experiences inspired by the store’s location in the colourful German capital.
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News
Very Group profits soar as revenues jump to record levels
The Very Group reported surging profits and a record year for sales during the pandemic as the retailer ramps up for a “particularly strong” Christmas.
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Analysis
From Aldi to Wilko: the retailers closing on Boxing Day 2021
A growing number of retailers are planning to give employees an extra day of leave this festive season by keeping stores shut this Boxing Day. Retail Week tracks which retailers will remain shut on 26 December.
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News
Boots' sales climb driven by post-lockdown online surge
Boots recorded an increase in sales in its fourth quarter as lockdown restrictions eased and demand for pharmacy services rose.
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Analysis
Game on: How Tesco, Shein and The North Face are transforming loyalty
Following a pandemic that transformed shopping habits forever, retailers are now mulling over the best methods of maintaining a connection with their customers – including revamping their loyalty schemes.
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Analysis
Ken Murphy, Pippa Wicks, Roger Wade, Steve Murrells and more – all the stories from Retail Week Live
Everything you need to know from both days of Retail Week Live 2021
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News
Halfords poaches former Tesco and Virgin Active finance boss
Halfords has recruited former Tesco and Virgin Active executive Jo Hartley as its new chief financial officer.
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News
Gymshark eyes potential IPO as valuation soars
Gymshark founder Ben Francis and the brand’s private equity backers have started talks with banks and investors in advance of a potential IPO.
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News
Retailers report spikes in demand as shoppers drag festive spend forward
Anticipated supply issues this festive season are driving consumers to shop earlier this year and forcing retailers to respond. Retail Week looks at how the likes of Tesco, Selfridges and Hotel Chocolat are preparing their supply chains for Christmas coming early.
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News
French Connection losses narrow following £29m takeover
French Connection has narrowed its half-year losses after slashing its overheads and ramping up sales in its wholesale division.
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News
THG unveils sustainability drive to offset all historical emissions
The Hut Group (THG) has set out a bold sustainability strategy in a bid to offset all of its historical emissions within the next four years and become climate positive by 2030.
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News
Carbon dioxide supply deal to increase pressure on food prices
The government has extended a deal to avert a fresh carbon dioxide crisis, but experts have warned it will ratchet up the pressure on food prices for consumers.
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News
John Lewis online sales soar as home renovations and skincare products fly
Despite the easing of restrictions over the course of the year, the pandemic’s lasting impact was reflected in consumers’ choices with sales of home office and exercise equipment, as well as garden furniture, soaring.