Grace is a reporter for Retail Week.
She covers a variety of sectors including value, sports & leisure, health & beauty and lingerie, as well as wider technology developments across retail.
She is interested in new appointments, store formats and how retailers are keeping pace with the myriad of technological developments across the industry, from their boardrooms to shop floors.
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Footasylum has recorded a pre-tax loss at the half-year mark in what executive chairman Barry Bown described as “a difficult trading period”.
Shop Direct plans to shutter its Littlewoods Clearance division, which markets unsold stock from across the group’s retail brands, next February.
Sports Direct has bought House of Fraser’s property on Glasgow’s Buchanan Street outright in a bid to create the ‘Harrods of the North’.
Boots has recorded declines across its beauty and pharmacy sales, which Walgreens Boots Alliance attributed to “lower prescription volume and a decline in UK pharmacy funding”.
Tesco CEO Dave Lewis has called for the Government to bring in the ‘Amazon tax’ – a 2% charge on online retailers’ revenue. The team discusses whether this is the right thing for retail right now.
Pets at Home has snapped up the Royal Mail’s chief data officer Robert Kent to take on the same role, which is a newly created appointment for the retailer.
After contrasting financial updates from ScS, Topps Tiles and DFS this week, the team discuss whether the big-ticket market has turned the corner.
Brexit has spurred the highest level of pessimism in retail chairman since 2012 as over 80% say their businesses are not ready for Brexit.