All Retail Week articles in February 2021 – Page 6
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News
January retail sales slide as shoppers cut back non-essential spending
January retail sales registered the sharpest decline since last May as customers reined in spending and lockdown hammered store sales.
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Analysis
Do you really need shops? Lessons from Cath Kidston, Karen Millen and Coast
As pureplays Boohoo and Asos scoop up the brand rights to former high street darlings Debenhams and Topshop, switching them to online only, Retail Week gleans lessons from brands that have already ditched their stores.
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Opinion
Jo Whitfield: ‘Tackling climate change should come before competitive advantage’
Like many families, Sunday evenings have become a time to sit down together and watch one of Sir David Attenborough’s many thought-provoking documentaries on the natural world.
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News
M&S makes two key hires to bolster fashion business
Marks & Spencer has made two significant appointments at its clothing and home division – including a former George at Asda director – as it aims to be more relevant to fashion shoppers.
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News
Boohoo snaps up Arcadia’s remaining brands
Boohoo has finalised the purchase of Arcadia’s Wallis, Burton and Dorothy Perkins brands out of administration.
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News
Retail 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.
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Gallery
Store 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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Analysis
Six 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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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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News
Amazon 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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Analysis
The 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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News
Record 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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News
French 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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News
Top 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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Analysis
Data: 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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Gallery
Store 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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Data
Data: 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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News
European 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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News
Watches 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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News
JD 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.