All Retail Week articles in February 2021 – Page 2
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Opinion‘Bezos hasn’t killed the high street – he’s transformed retail for the better’
Put the customer first. Invent. Be patient.
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AnalysisAmazon’s new boss Andy Jassy – the man filling the biggest shoes in retail
The international business community was shocked last night when Amazon founder Jeff Bezos announced he’d be stepping down as chief executive of the company he built. Retail Week looks at what Andy Jassy will bring to the role and the challenges he may face.
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NewsRetail footfall slides in January amid UK's third lockdown
Retail footfall dropped in January across all destinations as the UK went into lockdown for the third time since the outbreak of the coronavirus pandemic.
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AnalysisData: 78% of global shoppers will wait for promotions in 2021
More than three quarters of consumers say they will be likely to wait for promotional offers post-pandemic before they make a purchase, a Retail Week report reveals.
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VideoFace time: Dixons Carphone’s Ed Connolly on consumers’ new relationship with tech
With tech at the forefront of consumer’s lives to keep in touch and keep working during lockdown, Dixons Carphone chief commercial officer Ed Connolly talks to Retail Week about this behavioural shift
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NewsJD Sports raises £464m to bolster acquisition drive
JD Sports has completed a fundraise for £464m, which it will use to drive its expansion and capitalise on acquisition opportunities in new and existing markets.
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NewsWatches of Switzerland festive sales rise despite ‘significant headwinds’
Watches of Switzerland has reported a boost in sales across the UK and the US over the Christmas period in what boss Brian Duffy says was “another strong performance”.
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NewsEuropean DIY etailer ManoMano doubles business as UK demand grows
European home and DIY platform ManoMano has reported soaring sales in 2020 driven by an uptick in UK demand.
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DataData: New CEO appointments tumble in turbulent year for retail
New retail chief executive appointments tumbled in 2020 while the hiring of female and minority candidates plateaued, according to new analysis from Korn Ferry.
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GalleryStore gallery: Sainsbury’s launches first Fresh Food Market at new-look flagship
Sainsbury’s has opened a newly renovated flagship supermarket format boasting the grocer’s first-ever Fresh Food Market.
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AnalysisData: Which retail sectors will thrive in 2021?
After a stormy 2020 that BRC chief executive Helen Dickinson called the “worst year on record” for retail sales growth, the under-pressure sector is hoping 2021 brings a sunnier outlook
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NewsTop retail and FMCG leaders commit to career development of industry staff
Executives from Mars, Frasers Group, Dr Martens, Sainsbury’s, Never Fully Dressed and more have become ambassadors for Retail Week’s Be Inspired programme, pledging to inspire and connect those working in retail to fulfil their career aspirations.
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NewsFrench Connection board mulls sale after approaches
The board of struggling fashion brand French Connection are considering the sale of the retailer after receiving approaches from two companies.
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NewsRecord spending spree to reignite economy post-pandemic, says BoE
The economy could hit pre-pandemic levels in early 2022 if households start spending the £125bn in pent-up savings once the vaccine is rolled out, according to the Bank of England.
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AnalysisThe Big Question: Will tighter regulation spell the end for buy now, pay later?
With the Financial Conduct Authority’s crackdown on buy now, pay later companies beginning earlier this week, Retail Week asks experts if regulation will destroy this rapidly growing sector.
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NewsAmazon creates 1,000 new apprenticeships in the UK
Global etail giant Amazon has announced it is creating 1,000 new apprenticeships in the UK across 25 different programmes within the business.
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Opinion'Why ultimate disruptor Amazon values a safe pair of hands at the top'
Amazon founder Jeff Bezos is among a very few who can claim to have revolutionised global retail, but his decision to stand aside as chief executive barely registered on the online giant’s share price.
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AnalysisSix ways to fast-track ecommerce strategy in 2021
Online sales have soared 46% year on year, with the pandemic changing consumer shopping behaviour as we know it. As RWRC’s Accelerating Ecommerce Week kicks off, we look at the steps retailers must take to expedite their digital propositions.
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GalleryStore gallery: Ikea’s ‘mini’ New York store
Ikea has opened a downsized store in Queens, New York, with a focus on the needs of its local customer base.
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NewsRetail bosses demand business rates reform and online sales tax
Bosses from 18 retailers have called on chancellor Rishi Sunak to permanently cut business rates in a bid to save the high street.