All Retail Week articles in January 2021 – Page 7
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Opinion‘Asos and Boohoo swoops for Topshop and Debs are changing of the guard’
If proof were needed of the scale of change underway in retail, it came this week as pureplays Asos and Boohoo swooped on two of retail’s most venerable high street names.
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AnalysisBoohoo boss: How we will make Debenhams a force to be reckoned with
In news that took the sector by surprise, Boohoo has acquired the intellectual property assets of struggling department store Debenhams for £55m – but what does the fashion etailer plan to do with the business?
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Retail VoiceWhy store footfall control should be a top priority
With managing store footfall more important than ever before, Adam Presdee, service director at GEZE UK, explains how technology can help retailers keep both shoppers and staff safe.
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NewsJD Sports considers fundraising for acquisition warchest
JD Sports is pondering raising new equity to fund deals as the retail landscape is transformed by the Covid pandemic.
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NewsLandmark Jenners store to close after landlord row
Edinburgh department store Jenners, owned by Mike Ashley’s Frasers Group, is to shut after almost two centuries of trading.
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Retail VoiceStay light on your feet – there will be more challenges for retailers in 2021
As we begin to slowly find a way out of the current health crisis, the threat of a financial crisis will soon become front of mind for many consumers and retailers, writes Richard Brassey, director at Barclays Partner Finance
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NewsPaperchase rescued in pre-pack administration deal
Paperchase is set to be rescued in a pre-pack deal led by a lender connected to private equity firm Permira.
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NewsScS sales rise as post-lockdown orders soar
ScS has recorded an uptick in sales after orders following the first lockdown in 2020 significantly increased.
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NewsLuxury conglomerate LVMH records year of two halves
LVMH reported an overall decline in revenues for 2020 but the final quarter showed signs of promise for the coming year.
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NewsWalgreens poaches Starbucks’ Rosalind Brewer to succeed Pessina as CEO
Walgreens Boots Alliance has appointed Starbucks chief operating officer Rosalind Brewer to succeed Stefano Pessina as the group’s chief executive.
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NewsPoundland records festive sales uptick
Poundland parent company PepCo has reported an uplift in first-quarter revenue boosted by the introduction of new price points and product lines.
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Retail VoiceHow fulfilment can be an advantage in 2021
In March 2020, no one knew what to do. Everyone scrambled to adapt, consumers and retailers alike. There was a migration of new customers to the online market, brought there by convenience and a lack of other options.
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Opinion‘Retailers must rebuild after Covid crisis – start-ups can help’
Last year’s Retail Week Discovery 50 (which I was also lucky enough to judge) feels a bit like it was a lifetime ago.
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AnalysisHow Dixons, Joules and Hotel Chocolat’s online prowess saved Christmas
Bricks-and-mortar retailers up and down the country had feared a Christmas washout as the UK veered in and out of lockdowns at the end of 2020.
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NewsJoules interim sales and profits slip as chief financial officer departs
Fashion retailer Joules has blamed store closures due to coronavirus for falling sales and profits on the day it announced its chief financial officer would be stepping down.
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NewsLidl store investment leads to £13.6m loss
Lidl reported sales of more than £6.9bn in the UK last year, but pre-Covid investment in new stores, logistics and supply chain drove it into the red.
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NewsLidl boss: The costs of going online just don’t add up
Lidl GB boss Christian Härtnagel has ruled out wading into the burgeoning online grocery market as he believes the pandemic has artificially inflated demand and the costs are too high.
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NewsScrewfix sales hit £2bn as store estate grows
Screwfix has doubled its sales to £2bn over the last five years, while continuing to open new stores despite the pandemic.
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NewsBRC urges government action as store vacancies soar
The British Retail Consortium (BRC) has urged the government to extend the business rates holiday beyond April to avoid more high street damage after vacancy rates soared at the end of 2020.
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Digital editionRetail Week magazine: January 2021
In the first issue of the year, we examine why 2021 is the year the retail industry will fundamentally change, Boohoo boss John Lyttle explains how it will make Debenhams a force to be reckoned with online, and how B&Q chief Graham Bell plans ‘to beat the pureplays’.