All Retail Week articles in February 2021
Browse all news stories and articles from this date or time period.
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AnalysisAnalysis: Is this the death of cash?
The contactless limit was upped to £100 in yesterday’s Budget. With the use of cash already plummeting, is this its final nail in the coffin? Retail Week reports on the implications of a cashless society.
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OpinionThe Secret Retailer: ‘The government is fiddling while Rome burns’
As retail is left to wonder how the route out of the coronavirus crisis will look, it feels like there is some government fiddling while Rome is burning going on.
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NewsAsos scoops up Topshop in £265m deal
Asos has acquired Topshop and other Arcadia brands in “a hugely exciting moment” for the online fashion specialist.
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NewsJD Sports bolsters US business with $495m acquisition
JD Sports is to buy US athletic footwear and apparel retailer DTLR for $495m as it extends its US operations.
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NewsWork with us on post-pandemic roadmap, businesses urge government
The Confederation of British Industry (CBI) has called on the government to work with businesses on a roadmap out of lockdown to reopen the economy.
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AnalysisJD Sports boss Cowgill: How ‘monumental’ DTLR deal turbocharges US ambitions
JD Sports boss Peter Cowgill tells Retail Week why the retailer’s latest $495m acquisition has set it up to crack America.
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AnalysisAnalysis: How Asos will make Topshop live up to its name again
Asos this week swooped on Arcadia’s Topshop, Topman, Miss Selfridge and HIIT brands in a bid to reach new heights with the iconic names under its umbrella
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Retail VoiceWhy Cyprus needs to be on your radar in 2021
With the new UK-EU trade agreement meaning no tariffs or quotas have been introduced following Brexit, Cyprus is a great sourcing destination for the year ahead boasting a fast-developing export trade and a reputation for high quality and competitive pricing.
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OpinionAlex Baldock: ‘Raise rates for warehouses to save the high street’
We’re now only weeks away from the end of the government’s business rates holiday. I’m sure many of us are grateful for a decisive and vital measure that, for some retailers, has made the difference between surviving the pandemic and not.
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NewsOcado trials electric and pedal-powered deliveries
Ocado has launched a trial of electric-assisted and pedal-powered vehicles to deliver groceries.
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NewsMoonpig valued at £1.2bn as float begins
Moonpig has begun trading on the London Stock Exchange with a market capitalisation of £1.2bn.
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NewsCentral London economy battered by lack of tourists, says Khan
Research published by Sadiq Khan has revealed the Central London economy has been hit hard by a lack of tourism during the Covid-19 pandemic.
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DataData: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
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DataData: How Brexit has hit supermarket availability
New data shows the big UK grocers have struggled with availability issues since Brexit.
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Retail VoiceDispelling the ‘free and fast’ myth is the first step to a smarter strategy
It’s easy to get caught up in the hyperbole regarding the meteoric rise of ecommerce. But for thousands of independent online retailers, the last 12 months have been a rollercoaster, not a procession.
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OpinionJonathon Ringer: ‘Next wave of digital transformation will be inside retailers’
Even before the Covid-19 crisis, retail had been transformed by the impact of digital.
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NewsAmazon boss Jeff Bezos steps down as quarterly sales pass $125bn
Amazon founder Jeff Bezos will resign as chief executive later this year and step into the role of executive chair.
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NewsAlibaba sales surge amid China’s ‘rapid’ Covid-19 recovery
Alibaba has posted a spike in sales during the final quarter of 2020 following the “rapid recovery” of the Chinese economy in the wake of Covid-19.
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NewsEG Group to buy Asda’s petrol forecourt business in £750m deal
EG Group will buy Asda’s petrol forecourt business in a £750m deal following the completion of the supermarket giant’s sale to the Issa brothers.
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NewsSainsbury’s short-selling rises despite GameStop phenomenon
There has been an uptick in shorting of grocer Sainsbury’s and shopping centre operator Hammerson’s shares in the past week, despite the targeting of hedge funds in the US by private investors organising on Reddit.