All Retail Week articles in July 2022 – Page 6
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News
Tesco and Heinz reach truce after pricing row
Tesco and Heinz have struck a deal to bring an end to their public spat over pricing.
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Opinion
Theo Paphitis: ‘After Boris, we need a leader who’ll support business, not f**k business’
The to-do list for the next prime minister is long and urgent – they must be a serious candidate capable of governing like a grown-up, writes Theo Paphitis.
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News
Asda says children can eat for £1 at cafes in response to cost-of-living crisis
Asda has announced that children can eat a hot meal at one of its cafes for £1 as the cost-of-living crisis deepens.
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News
JD Sports appoints Andrew Higginson as new chair
Fashion giant JD Sports has announced the appointment of former Morrisons non-executive Andrew Higginson as the new chair of the group.
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Analysis
How Currys plans to seize market share opportunity from cost-of-living crisis
Currys boss Alex Baldock has set out how the electricals retailer will ‘keep the customers coming back’, despite the increasingly challenging trading environment.
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News
Sainsbury’s defends staff pay after living wage resolution fails at AGM
Sainsbury’s has said it needs to be able to make all business investment decisions independently, following the failure of a living wage resolution bought by several investors.
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News
Amazon faces CMA probe over treatment of third-party sellers
Amazon is being investigated by the UK’s competition watchdog over its treatment of third-party sellers that use its online marketplace.
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News
Watches of Switzerland hails ‘strong momentum’ as profits surge
Watches of Switzerland has clocked up a surge in profits and insisted it has built “strong momentum” as it bounces back from the coronavirus crisis.
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News
Currys posts rise in profit but warns of ‘uncertain’ outlook
Currys has posted an increase in full-year earnings but cautioned that “the outlook for consumer spending is uncertain” as the cost-of-living crisis mounts.
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Analysis
Deep dive: The Mega Sale days turning Christmas on its head
The Christmas shopping period – historically heavily weighted towards the first three-and-a-half weeks of December following the traditional end-of-November payday – is now effectively a multi-month affair.
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News
Footfall hammered by cost-of-living concerns despite platinum jubilee boost
Shopper numbers were boosted by the platinum jubilee in June, but footfall is expected to remain behind pre-pandemic levels for the “foreseeable future” as the cost-of-living crisis impacts consumer behaviour.
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News
Tesco squares up to Mars Petcare in fresh supplier standoff over price
Tesco has become embroiled in its second major supplier spat in a month and has pulled Mars Petcare products from shelves while it renegotiates on price.
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News
AO launches £40m share placing after insurer cuts cover
Pureplay electricals giant AO is aiming to raise £40m through a share placing weeks after its credit insurance for suppliers was cut.
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Analysis
The great service shortfall: Tackling retail’s new pandemic
Customer service levels were hammered during the pandemic, but the era of ‘Covid-forgiveness’ among consumers is over.
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Retail Voice
Why the concept of ‘retail’ is ready for a refresh
The retail sector has been through a lot of upheaval over the last couple of years, however Elavon’s Michael Bosshammer explains why it is more than ready for a revival
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Events
Delivering Growth: Winning Strategies for 2023
7 September 2022, 6pm, The Montcalm Royal London House
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Events
Delivering Growth: Winning Strategies for 2023
With all eyes on retail supply chains as disruption is felt across the ecosystem, the Chief Supply Chain Officer has been elevated to a seat at the table across boardrooms worldwide.
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Analysis
Analysis: Sainsbury’s boss Roberts’ key takeaways on inflation, suppliers and staff pay
Sainsbury’s chief executive Simon Roberts faced questions on everything from inflation and supplier relationships, to staff pay and Argos’ ongoing underperformance as he presented details of first-quarter trading to the media this week.
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News
M&S defends Rowe bonus in face of significant investor revolt
Marks & Spencer has defended its stance on director remuneration – including that of departing chief executive Steve Rowe – after a substantial proportion of investors opposed the package.