All articles by Hugh Radojev – Page 48
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NewsWatch: John Lewis’ White clarifies investment position ahead of crunch vote
John Lewis Partnership boss Dame Sharon White has sought to quell doubts about her long-term plans for the business ahead of a crunch vote of confidence.
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NewsTesco defends chair John Allan over inappropriate behaviour allegations
Supermarket giant Tesco has defended its chair John Allan, following the emergence of allegations of inappropriate behaviour by four women.
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NewsLidl to add 1,500 jobs as it unveils new Leeds distribution centre plans
Discounter Lidl has today unveiled plans to open a new regional distribution centre in Leeds, which will help the retailer create 1,500 new jobs.
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NewsOcado shareholders revolt over chief executive pay
Almost a third of Ocado shareholders voted against the £2m pay packet of chief executive Tim Steiner at its AGM on Tuesday.
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NewsAsda moves key worker discount to rewards app
Supermarket chain Asda has said that from Thursday, all Blue Light Card holders will be able to access their 10% discount through its Rewards app.
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NewsMajestic Wine COO joins industry trade body
Majestic Wine’s chief operating officer Rob Cooke has joined the board of the Wine and Spirit Trade Association.
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NewsFrasers Group unveils loyalty scheme across all brands
Frasers Group chief executive Michael Murray has said the retailer is set to unveil a new membership scheme and flexible payments solution, which he described as the retailer’s version of Amazon Prime.
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NewsPret expands subscription service to cover all food and iced drinks
Pret a Manger has unveiled changes to its successful coffee subscription service, expanding the scheme to cover freshly made food, snacks and other drinks.
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NewsSephora London store performing ‘300% better than expected’
The boss of Sephora owner LVMH’s selective retailing division has said its recently opened London store is performing more than 300% better than was predicted.
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NewsShein pledges to put sustainability front and centre of growth ambitions
Shein executive vice chairman Donald Tang says everything the retailer will do over the next decade will be with “sustainability and ESG in mind” as it eyes its next phase of growth.
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NewsMajestic unveils new wage structure as part of ‘biggest investment ever in pay’
Majestic Wine has unveiled its largest-ever investment in pay, taking the basic rate for store staff to at least £10.60 an hour.
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NewsCBI faces calls to disband as retailers exit en masse
The crisis at the Confederation of British Industry (CBI) deepened over the weekend as retailers joined other businesses in cutting ties amid calls the lobbying group should be disbanded.
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NewsAsos targeted by ‘dark destroyer’ short-seller ShadowFall
Embattled pureplay fashion brand Asos has been targeted by a renowned short-seller, which believes the retailer will be forced to raise more cash from shareholders.
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NewsSupermarkets blame poor weather in Spain for latest availability issues
Some UK supermarket chains have begun rationing the sale of peppers to two per customer, while others have run out completely.
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DataRetail sales fall in March as record inflation persists
Retail sales fell in March as customers continued to rein in spending amid record-high levels of inflation.
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NewsCo-op invests £240m into membership offering to slash prices
The Co-op has announced plans to invest more than £240m into its membership model in a bid to slash prices for customers.
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NewsDiscounters and Asda follow Tesco and Sainsbury’s in cutting milk prices
Aldi, Lidl and Asda have all joined supermarket giants Tesco and Sainsbury’s in cutting the price of milk by at least 5p.
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AnalysisInflation, supplier relationships and loyalty – the take from Tesco boss Ken Murphy
From a chink of light at the end of the inflationary tunnel to the market share gains of discounters, Tesco boss Ken Murphy shared his thoughts on the state of play in UK grocery.
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NewsSainsbury’s puts 3,000 roles into consultation in supply chain shake-up
Sainsbury’s will put 3,000 logistics roles into consultation, with the aim of transferring them across to partner organisations as part of a radical supply chain shake-up.
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NewsSainsbury’s shakes up Nectar scheme to take on Tesco Clubcard
Sainsbury’s has made changes to its Nectar card to offer customers lower prices on select products in store and online in a bid to rival Tesco’s Clubcard.