All Retail Week articles in June 2022 – Page 2
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NewsWalgreens pulls plug on Boots sale as suitors fail to secure financing
Walgreens Boots Alliance has canned the planned sale of its Boots business after suitors failed to meet its asking price.
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AnalysisData: The forecast for store openings, closures and vacancies
The Great Store Revival report features data from Local Data Company (LDC) alongside industry predictions to provide a picture of what bricks and mortar will look like going forward.
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Retail VoiceThe technology shift driving change for retailers
With retailers increasingly utilising technology to bridge the gap between the digital and physical world, CHILI publish’s Kevin Goeminne takes a look at what this new frontier really means for retail.
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NewsHobbycraft expands store estate as profits rise
Hobbycraft will open three new stores this year after reporting an uplift in profits.
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NewsThree-quarters of consumers to cut Christmas spending due to cost-of-living crisis
More than three-quarters of customers are planning to reduce their spending on Christmas this year, with the cost-of-living crisis only set to deepen as the year goes on.
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NewsExclusive: Freshly Cosmetics shutters Carnaby Street store after six months
Spanish beauty brand Freshly Cosmetics has closed its store on Carnaby Street, London, after just six months of trading.
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NewsJohn Lewis makes key fashion hire to build own-brand
John Lewis has appointed its first director of design for fashion as it prepares to “accelerate plans to expand our own-brand ranges with design that will inspire and excite customers”.
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NewsAsda, Asos and Amazon warn online sales tax could do more harm than good
Executives from major retailers met with financial secretary to the treasury Lucy Frazer last week to warn of the potential impact of an online sales tax.
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NewsPressures mount for Sainsbury’s to pay living wage to all staff
Sainsbury’s is under pressure to pass a resolution to pay both its direct staff and contracted workers the living wage.
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NewsCath Kidston seeks new owners two years after collapse
Cath Kidston has raised a for sale sign, two years after it fell into administration.
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Opinion‘Next wave of ecommerce goes beyond perfecting online shopping experience’
Despite the stiff economic headwinds, the need to get digital transformation right has never been more important, says AlixPartners managing director Brian Kalms.
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DataRetail sales tumble in May as consumers cut back on food shopping
Retail sales dropped in the month of May as the cost-of-living crisis hit consumer wallets.
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NewsZalando warns on profits as customer demand wanes
Zalando has issued a profit warning after a worse-than-expected second quarter.
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AnalysisAnalysis: Five things you need to know about value giant B&M
Value giant B&M has reported a group revenue fall of 2.2% in its latest quarter, but there was also ”an improving trend” over the period.
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EventsConsumer Week 2023
It has never been more vital for retailers to be in complete sync with customers’ needs. So how can they engage new shoppers at this crucial time and drive loyalty from their existing customer base? Where should retailers invest to win? How can they use marketing savvy – both in store and online – to attract spend without breaking budgets?
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DataConsumer confidence drops to record low as economic gloom spreads
Consumer confidence has taken another blow in June as the cost-of-living crisis worsens.
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Opinion‘Refusal to allow M&S to modernise Marble Arch will further diminish West End’s appeal’
Retail businesses, shops and the locations where they trade cannot be preserved in aspic. But that is what opponents of Marks & Spencer’s plans to redevelop its flagship Marble Arch store seem to want.
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NewsMatalan sales and profits rise despite Covid-related ‘obstacles’
Matalan has posted an increase in both sales and profits as the business recovered from the impacts of the pandemic.
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NewsDeliveroo launches rapid delivery grocery tie-up with Spar
Deliveroo and Spar have launched a partnership to deliver from all 2,160 of the convenience retailer’s stores.
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NewsNaked Wines back in the black as subscriptions rise
Naked Wines has reported strong growth as its bid to increase repeat customers and subscriptions pays off.