All Retail Week articles in January 2022 – Page 2
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News
Boohoo kicks off production at first owned Leicester factory
Boohoo has started production at its new 23,000 sq ft factory on Thurmaston Lane in Leicester, which boss John Lyttle says “reinforces” the fast fashion etailer’s commitment to the city, and UK manufacturing.
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News
Pets at Home Christmas sales climb as it heads for ‘record year’
Pets at Home sales increased across all its divisions across the golden quarter, as CEO Peter Pritchard says the retailer is “firmly on track” for a year of record sales and profit growth.
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News
Decathlon poaches new chief executive from Ikea
Decathlon has named Ikea’s chief digital officer Barbara Martin Coppola as its new chief executive.
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News
US giant Walmart takes stake in vertical farming start-up Plenty
US retail giant Walmart has invested in vertical farming firm Plenty with plans to stock the start-up’s leafy green vegetables in all of its Californian stores.
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News
FMCG giant Unilever set to slash thousands of jobs worldwide
Maker of Marmite and Dove soap Unilever is set to slash thousands of jobs around the world a week after its failed $50bn (£37bn) bid for the health division of a rival.
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News
Getir to create thousands of new jobs as it ramps up UK expansion
Turkish ultra-fast delivery firm Getir has unveiled plans to create 6,000 new jobs across the country as it ramps up its UK expansion plans.
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News
Gorillas eyes international expansion with French acquisition
Rapid delivery start-up Gorillas is eyeing an expansion across the Channel, having entered into acquisition talks with French firm Frichti.
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Analysis
Five critical lessons retailers must heed from golden quarter 2021
The peak Christmas trading period may have been unlike any other but, as Retail Week’s Golden Quarter 2021 report shows, there are consumer trends and behaviours that will have longevity.
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News
Decathlon UK launches first clothing rental collection
Decathlon has partnered with fashion rental platform Hirestreet to launch an initiative that will allow consumers to rent clothing for skiing and hiking.
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News
John Lewis to offer full sick pay regardless of Covid vaccination status
John Lewis has stated that it is wrong to create a link between vaccination status and pay, pledging that all staff will receive full sick pay.
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News
Morrisons kicks off search for new boss following CD&R takeover
Morrisons’ owners, private equity firm Clayton, Dubilier & Rice (CD&R) have launched a search for a new boss as current chief executive David Potts stated he would step down in about two years.
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Retail Voice
Last-mile delivery must be first step in mastering logistics
Retailers must focus on the last mile to avoid supply chain disruption, says Jemma Hall, senior business development manager at Lifetime Training.
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Analysis
Analysis: Are chief people and HR officers retail’s CEOs in waiting?
Recently appointed CEOs for retailers ranging from Chanel to Greggs have come from a people-focused background. Could the HR department be the proving ground for more future leaders as retailers assess their culture and strategy post-pandemic?
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News
The Works upgrades outlook as first half losses narrow
The Works has upgraded its EBITDA outlook for the 2022 financial year, after reporting narrowing losses in the first half of the year.
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News
Aldi drops Deliveroo trials as shoppers flock back to stores
Discounter Aldi has halted its delivery trial with Deliveroo as easing coronavirus restrictions has led to consumers returning to its stores.
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Opinion
‘As cost of living climbs, value-for-money battle will make or break retail success’
With consumers across the board feeling the pinch of rising prices, retailers should remember that value for money need not mean cheap, writes George MacDonald
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Data
Data: Confidence drops as consumers brace for rising inflation
Concerns around the increase in fuel costs, as well as rising inflation and interest rates, led to a decrease in consumer confidence in January.
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Opinion
‘With the world of retail rapidly changing, employers must move with the times’
The shift to more flexible working and a greater focus on mental wellbeing has made the jobs market more competitive, writes Tony Gregg, but this presents an opportunity, not a threat.
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Analysis
Thinking outside the box: how retail subscription services are evolving post-pandemic
Retail subscription boxes across categories were one of the big winners in the first year of the pandemic, but many expected their popularity to fall away. Retail Week looks at how these services have adapted to changing customer behaviours