All articles by Grace Bowden – Page 13
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Data
Data: John Lewis’ look at how lockdown changed shopping in 2020
The coronavirus pandemic and ensuing lockdowns saw sales of alarm clocks and lunch boxes slump, while purchases of loungewear and fitness trackers jumped.
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News
Flannels launches beauty offer and ramps up expansion plans
Frasers Group’s luxury store Flannels has unveiled plans to open 15 new stores in the next five years.
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Analysis
John Lewis, Tesco and B&Q bosses: Lessons from the year that changed retail forever
2020 has been one of the most disruptive, unpredictable years in living memory. What have retail’s leaders taken as their biggest lesson from the year that changed everything?
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Interview
Interview: Fenwick boss on delivering the ‘best Christmas’ despite Covid
John Edgar took over at the department store chain during the first lockdown, but betting big on online and taking a novel approach to Christmas are paying off for the new CEO.
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News
Superdry chair Williams to step down in board reshuffle
Superdry non-executive chair Peter Williams will step down next year as part of a board reshuffle which includes the appointment of a new chief operating officer.
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News
New Asda owners set to sell off £1.2bn distribution network
Asda’s new owners the Issa brothers have reportedly drafted in advisers to ready the sale of the supermarket’s logistics portfolio.
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News
Dixons Carphone interim sales surge sparks profit climb
Dixons Carphone has reported an uplift in profits at the half-year mark bolstered by strong sales growth which boss Alex Baldock attributes to “grit and skill” of staff.
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News
Tesco chair Allan warns of higher food prices in no-deal Brexit
Tesco chair John Allan has said the grocer is pre-emptively stockpiling in case of a no-deal Brexit, which would trigger price rises and limited availability on some fresh food products.
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News
Ocado ups profit guidance as fourth quarter sales surge
Ocado has said it now expects its full-year EBITDA to surpass £70m following a quarter of “exceptional demand” and strong sales growth.
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News
Frasers Group interim profits rise spurred by rates relief and online sales
Frasers Group reported a strong uplift in profits at the interim mark despite what chair David Daly describes as a “lack of clarity of guidance” from the government during the pandemic so far.
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Analysis
Analysis: Who will be retail’s winners and losers this Christmas?
It’s been a highly unusual year for retail, which has not been without its casualties. As ‘non-essential’ stores emerge from the second lockdown and shoppers swap Christmas parties for working from home and smaller gatherings, which retailers are set to reap the benefits of an unorthodox festive season?
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News
Grocers record highest sales on record in November
Supermarkets reported the biggest month of sales on record in November as shoppers stole a march on Christmas shopping.
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News
Ann Summers launches CVA in bid to secure turnover-based rents
Ann Summers has launched a CVA for 25 of its 91-strong store estate in a push to secure turnover-based leases.
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News
Tesco to repay £585m business rates relief in full
Tesco will repay the business rates relief it received at the beginning of the coronavirus pandemic, which boss Ken Murphy has said is “absolutely the right thing to do”.
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Analysis
As Arcadia and Debenhams collapse, what will the aftershock mean for retail?
As December, traditionally the height of retail’s peak trading period begins, two of the industry’s most venerable names have been brought low by the Covid earthquake that has shaken the industry.
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Analysis
Black Friday bargains snapped up early – but will shops see a last-minute rush?
Sales may have been down on Black Friday and Cyber Monday, but don’t be fooled into thinking the discounting event was a damp squib. Grace Bowden reports.
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News
eBay poaches Asos exec for chief marketing officer role
eBay has snapped up Asos global brand officer Eve Williams to helm its UK marketing division with immediate effect.
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News
Amazon staff to receive $500m in Christmas pay bonuses
Amazon plans to shell out $500m (£374m) in bonuses for staff across its global operations next month.
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News
Boots poaches TSB chief marketing officer to bolster personalisation drive
Boots has snapped up TSB’s marketing boss Pete Markey to lead marketing across its UK and Ireland businesses.
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Analysis
Analysis: Why would JD Sports want to buy Debenhams?
JD Sports has emerged as the frontrunner to acquire Debenhams and exclusive talks to buy the struggling department store business are underway.