All Retail Week articles in July 2022 – Page 2
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Data
Data: Shop prices jump by highest ever rate as inflation spikes
Shop prices rose in July at the highest rate since records began in 2005.
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Opinion
‘When Amazon and Walmart sneeze, all of retail could catch a cold’
Signs of pressure on two of the world’s leading retailers, US-based giants Amazon and Walmart, will send a shiver down the spines of businesses in the UK
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Gallery
Store gallery: Apple launches click and collect and AR experience at new store
Apple has opened a new store on Brompton Road in London.
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Data
Walmart issues profit warning as costs soar and inflation bites
US retail giant Walmart has warned on profits for the second time this year, as soaring inflation curbed customer spending
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Data
Data: Two-thirds of customers limiting food spend as inflation surges
New data has found that two-thirds of customers are limiting their monthly food budgets as inflation sails to levels not seen in 40 years
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News
Very Group poaches marketing chief from Metro Bank
The Very Group has poached its new chief marketing officer from Metro Bank to help maintain the online retailer as a “destination of choice” for consumers
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News
Wickes downgrades profit expectations as cost-of-living crisis bites
Wickes has blamed a softer outlook in some of its key markets and the uncertain macroeconomic outlook after it downgraded its profit expectations for the year
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News
Amazon blames inflation after increasing cost of Prime subscription
US giant Amazon is increasing the cost of its Prime subscription across its five key European markets as it seeks to offset increases in operating costs
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Retail Voice
The four retail opportunities that need to be addressed
Shoppers are looking for both affordability and sustainability. Thomas Harms, global retail leader at EY Germany, believes retail has an opportunity to deliver both.
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Analysis
Retail 100: Three lessons from the sector’s most inspiring leaders
The 17th annual Retail 100 is a celebration of the individuals transforming the sector, disrupting traditional retail models and being a voice for the industry. Retail Week explores some common trends shared by the leaders featured
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Gallery
Store gallery: Magnet serves up immersive kitchen concept store
Magnet has unveiled a new store format complete with a fully functioning kitchen
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News
Matalan founder Hargreaves returns as chair
Matalan founder John Hargreaves has returned to the business as executive chair after 15 years
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News
Morrisons expands international wholesale reach with British Corner Shop tie-up
Grocery giant Morrisons has expanded its global wholesale reach after agreeing a partnership with international grocer British Corner Shop
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News
Aldi hikes staff pay for second time this year
Aldi has increased pay for shopfloor staff for the second time this year to re-claim its position as the UK’s highest paying supermarket chain.
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News
Leicester factories still underpaying and exploiting staff, new study finds
Garment factories in Leicester are still underpaying and exploiting workers, two years after fresh slave labour allegations emerged in the city.
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Retail Voice
Everything you need to know about social commerce
With sales from social commerce providing an exciting opportunity for retailers, PayPal’s Fauzzia Culkin takes a closer look at this new revenue stream.
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News
The Co-op to axe 400 head-office jobs
The Co-op has blamed the current “tough trading environment” as it unveiled plans to axe 400 roles at its Manchester head office
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News
Non-food and online sales fall as cost-of-living crisis intensifies
Non-food and online retail sales have fallen in the month of June as the cost-of-living crisis continues for customers
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News
JD Sports confident of delivering record profit and sales
JD Sports has said it expects to deliver a second straight year of record profits and revenues despite the ongoing cost-of-living crisis ahead of its AGM later today
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Analysis
Analysis: Five things you need to know about booze specialist Naked Wines
Naked Wines has virtually doubled in size since selling Majestic just two and a half years ago, but its share price tumbled 40% last month after it warned sales and profits would take a hit this year amid “greater uncertainty” in the economy