All articles by Grace Bowden – Page 6
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News
Selfridges set to be sold to Thailand’s Central Group
Selfridges owners the Weston family have reportedly agreed to sell the department store chain to Thailand’s Central Group, with hopes for the deal to be completed by the end of this year.
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Analysis
Black Friday bounce for bricks and mortar as online sales slow
Stores have emerged as the biggest beneficiary on Black Friday so far as online traffic and sales lag behind last year’s figures.
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News
M&S wins approval for Oxford Street store redevelopment
Marks & Spencer’s plans to rebuild its Oxford Street flagship have received the green light from Westminster City Council.
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Analysis
The Disruptors: Five businesses transforming the face of beauty retail
The beauty sector has consistently been one of the most resilient in times of consumer uncertainty and as the world cautiously edges away from the worst of the health emergency, it finds itself shaped by a new set of consumer priorities.
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News
Lidl set to become the UK’s highest paying grocer
Lidl will raise wages for staff from March next year, which it says will make it the UK’s highest paying grocer.
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Video
Watch: John Lewis, M&S, Boots and Sports Direct launch Christmas adverts
As this year’s eagerly-anticipated festive season approaches, Retail Week takes a look at the Christmas campaigns of John Lewis, Marks & Spencer, Boots and Sports Direct.
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News
Next braces for supply chain woes to dampen Christmas trading
Next has reported a stronger than expected uplift in sales in its third quarter, but expects falling demand and availability issues to impact sales for the remainder of its financial year.
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News
Pets at Home boss Peter Pritchard to step down next year
Pets at Home chief executive Peter Pritchard will stand down from his role next May, with a search for his successor underway.
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Gallery
In pictures: Keep a straight fascia – how Sainsbury’s, Co-op and more had fun with storefronts
After the Co-op rebranded six of its flagship stores around the UK to mark the start of COP26, Retail Week looks at times famous retailers have temporarily changed their names to capture the public’s imagination
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News
Wickes hails ‘resilient’ performance as it swerves supply chain slowdown
Wickes has reported a slip in third-quarter sales against strong comparatives, but sales rose strongly on a two-year basis.
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Gallery
Store gallery: Tesco unveils new checkout-free store format GetGo
Tesco has launched its first checkout-free store format GetGo as it lays down the gauntlet to fierce rival Amazon.
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News
Asda’s £750m deal to sell forecourts business to EG Group terminated
The Issa brothers have pulled EG Group’s planned acquisition of Asda’s petrol forecourts business.
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News
Selfridges’ owners in talks with Qatar about potential £4bn sale
Selfridges’ owners the Weston family are reportedly in talks with Qatar about a potential takeover of the iconic department store chain.
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News
THG boss Matt Moulding to ditch golden share in bid to restore City confidence
THG boss Matt Moulding will dispose of his golden share in the business he co-founded and apply to move onto the main market of the London Stock Exchange next year.
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Analysis
Ken Murphy, Pippa Wicks, Roger Wade, Steve Murrells and more – all the stories from Retail Week Live
Everything you need to know from both days of Retail Week Live 2021
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News
Christmas gift containers turned away as Felixstowe port hit by delivery pile-up
Shipping giant Maersk has said it is rerouting arrivals to Felixstowe as the UK’s biggest container port hits capacity.
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News
THG shares tumble as investor crisis meeting backfires
THG’s share price plunged by a third in the hours following its Capital Markets Day yesterday, as the attempt to calm investors’ concerns about the business appeared to fall on deaf ears.
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Interview
Interview: Matt Moulding – Pandemic year was ‘time to prove what you believe in’
Matt Moulding talks about THG’s landmark year – from donating £100m of his shares to a charitable foundation to landing that Softbank joint venture deal.
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Analysis
Retail Week Awards 2021: The winners
With character and courage: How retail faced the Covid-19 crisis
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News
Ocado invests £10m in Wayve to drive autonomous delivery innovation
Ocado has unveiled a partnership and £10m investment into autonomous mobility start-up Wayve, which will focus on bringing automation to the last mile for the etailer and its international grocery partners.