All Retail Week articles in January 2022 – Page 4
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NewsPrivate equity firms Bain Capital and CVC set to team up for Boots bid
Two of the world’s largest buyout firms Bain Capital and CVC have reportedly joined forces to launch a joint takeover bid for Boots.
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AnalysisThe most bankable retail trends of 2022
With Christmas 2021 now over, Retail Week unpacks the key consumer trends and asks what they could mean for the golden quarter in 2022.
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DataRanking: The 50 best companies to work for in the UK, according to employees
Just two retailers have been named among the 50 best companies to work for in the UK, according to Glassdoor’s Best Places to Work 2022 survey.
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NewsJD Sports raises profit guidance following ‘robust’ Christmas
JD Sports has upped its full-year profit guidance after a strong Christmas trading period.
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NewsSainsbury’s serves up bumper Christmas, making market share gains
Sainsbury’s has raised its full-year profit guidance after delivering strong Christmas results and growing its market share.
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NewsDunelm and DFS sales rise as consumers revamp homes for Christmas
Both Dunelm and DFS have recorded strong results in the lead-up to Christmas as the homewares boom shows no signs of slowing down.
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Retail VoiceWill 2022 be the year retailers get real about the metaverse?
It’s high time retailers embraced the huge tech opportunities of the metaverse, otherwise they risk being left behind, warns Joost De Bot, vice-president and general manager EMEA at Jitterbit.
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AnalysisData: Which retail sectors will prosper in 2022?
Whisper it quietly, but there are signs the coronavirus clouds are starting to lift from over the retail sector. If 2021 was the year businesses began adapting to the ‘new normal’ created by the pandemic, 2022 could be the year they slip into full recovery mode.
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NewsM&S Christmas sales climb amid ‘robust’ clothing and home demand
Marks & Spencer boss Steve Rowe has hailed a “strong” uplift in Christmas sales across all divisions as the retailer’s clothing and home sales increased for the second successive quarter.
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NewsTesco upgrades profit guidance as festive sales rise
Tesco has reported an uplift in sales over the Christmas period as its share of customer grocery spend online and in store hit a four-year high.
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NewsAsos festive sales increase despite ‘challenging’ market conditions
Asos has posted an uplift in Christmas sales across the UK and US, but interim boss Mat Dunn flagged that supply chain issues drove “heightened clearance activity” over the festive period.
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NewsHalfords and Poundland post golden-quarter growth
Halfords and Pepco, which owns Poundland, have both reported quarterly sales growth despite ongoing challenges presented by the pandemic.
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NewsJD Sports boss Peter Cowgill nets £21m after selling half his shares
JD Sports executive chair Peter Cowgill has sold 10 million of his shares in the sporting goods retailer, over half of his shareholding.
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AnalysisSuper Thursday delivers a Christmas cracker – but is the retail party over?
Despite surging numbers of Covid-19 cases and a perfect storm of external pressures threatening to derail the golden quarter, retail has delivered a merry Christmas. What did Super Thursday’s trading updates tell us about the sector’s seasonal performance – and the year ahead?
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AnalysisFacebook dominates marketing spend with TikTok gaining ground, 59 CEOs reveal
Retailers are ploughing marketing spend into social networks to reach consumers in the digital spaces where they spend their time, a new Retail Week report reveals.
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Opinion‘Retailers achieved the incredible during Covid – imagine what we can do next’
If 2020 was a year of destruction, then 2021 was one of reconstruction and progress. But 2022 will put this to the test, warns BRC chief executive Helen Dickinson
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NewsCurrys golden quarter sales slip in ‘softer’ electricals market
Currys has nudged down its profit guidance after suffering a decline in sales during the crucial Black Friday and Christmas trading period.
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NewsSainsbury’s poaches McColl’s commercial chief for key food role
Sainsbury’s has poached McColl’s chief commercial officer to take up a key food role as it ramps up focus on its core grocery business.
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NewsQuiz grows festive sales despite slump in online demand
Quiz has posted a jump in Christmas sales as customers flocked back to its stores and concessions at the end of last year.
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NewsFortnum & Mason hails strong Christmas but swings to first loss in over a decade
Fortnum & Mason has reported a strong Christmas trading period after Covid restrictions and store closures caused it to swing to its first full-year loss in 12 years.