All Retail Week articles in July 2022 – Page 3
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Opinion
Asda customer chief: ‘Shoppers are ditching products at checkouts to stay within budget’
As the cost-of-living crisis begins to impact customers at the checkout, Asda chief customer officer Sam Dickson shines a light on the behaviours the grocer is seeing in its supermarkets and the measures it is taking to help families in need
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News
Transitional relief will cost retailers £1bn as Frasers boss calls for ‘hard and deep’ cuts
The British Retail Consortium has warned transitional relief could cost retail £1bn over the next three years, as Frasers boss Michael Murray called for drastic government action.
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Data
Consumer confidence stagnates at lowest ever levels
Consumer confidence remained low in July as shoppers feel the cost-of-living pinch
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News
George Weston: Strategic board will push Primark into new markets and channels
Associated British Foods (ABF) boss George Weston talks to Retail Week about why now is the right time to implement a new strategic advisory board for Primark and how it will help drive the fashion giant’s next phase of growth
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Analysis
Analysis: How Frasers is plotting a profitable path through cost-of-living crunch
Frasers Group boss Michael Murray explains how it will maintain momentum to navigate its way through the cost-of-living crisis, inflation, supply chain challenges and battered consumer confidence
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News
M&S buys logistics provider Gist for £145m to accelerate transformation
Marks & Spencer has purchased logistics provider Gist as it bids to take control of its end-to-end food supply chain
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News
Dunelm names Whitbread boss Brittain new chair as sales rise
Dunelm has named Whitbread boss Alison Brittain as its new chair as it posted an increase in full-year sales.
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News
Ocado losses widen as retail sales slide in ‘challenging’ market
Ocado has suffered widening half-year losses as sales made through its retail business slipped in what it called a “challenging” UK market.
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News
Frasers posts surge in profits and increases earnings guidance
Frasers Group has recorded a spike in full-year profits and upped its earnings guidance for its current financial year.
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News
Marks & Spencer finance boss Tonge quits to join Primark owner ABF
Marks & Spencer finance and strategy supremo Eoin Tonge is stepping down to join Associated British Foods (ABF), the parent company of fashion rival Primark.
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Analysis
Analysis: What happened to the retail lab? Walmart, Tesco and Farfetch on the evolution of innovation
Retail labs and accelerators were everywhere a few short years ago. What happened – and are retailers still innovating?
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Retail Voice
Three ways to deliver staff development
Jobseekers are shopping around for retailers that invest in employee development, says Attensi’s Madeleine Porter, but how can firms up their game in this department?
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Opinion
‘As Britain burns, it’s time for retailers to turn up the heat on the climate crisis’
Record-breaking temperatures and wildfires in suburbia this week must prove the catalyst for retailers to genuinely prioritise the planet over profit, writes Retail Week editor Luke Tugby
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News
Sainsbury’s launches £1m incubator for Black-led food and drink start-ups
Grocery giant Sainsbury’s has launched a first-of-its-kind, £1m incubator programme to help nine Black-led food and drink start-ups “scale up to supermarket-level distribution”.
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Retail Voice
Unwrapping growth this festive season
The 2022 festive season is just around the corner and it’s expected to be like no other, says Meta’s Zehra Chatoo.
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Analysis
Deep dive: After Bank of England’s horror warning, is your business recession-ready?
Soaring energy prices, growing inflation and nose-diving consumer confidence present a perfect storm for retailers in 2022. What can be done to weather it?
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News
Ocado Retail boss Melanie Smith to step down
Ocado Retail chief executive Melanie Smith is stepping down from the online grocer after three years at the helm.
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News
AO pulls plug on Tesco shop-in-shop partnership
AO has ended its in-store tie-up with Tesco, closing its shop-in-shops after almost two years.
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News
Joules upgrades profit forecast and extends borrowing facility
Joules has said its profits will be slightly ahead of expectations for the year and has secured an extension of its credit facility.
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News
Supermarket sales grow for first time in over a year as food prices soar
Grocery sales have increased for the first time in more than a year – but experts have warned that “near record-breaking” food inflation will shift shopper behaviour in the coming months.