All Retail Week articles in March 2021 – Page 3
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News
Retailers divided over business rates in submissions to Treasury review
Retail respondents to the Treasury’s call for evidence on business rates reform are split over the benefits and potential risks to the high street of introducing an online sales tax.
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Analysis
Footprint calculator and sustainable labelling: what Textiles 2030 means for fashion
The UK government has unveiled several initiatives in a bid to tackle the environmental issues surrounding the fashion industry and support a sustainable future – but what will it mean for retailers?
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News
UK plans four regional trade hubs to boost international exports
The UK government has made plans to launch four trade hubs in a bid to boost the economy post-Brexit and post-pandemic.
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News
McColl’s profits slide as Morrisons partnership extended
McColl’s has recorded a decline in profits as the pandemic altered its shoppers’ spending habits.
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Opinion
Matt Truman: ‘The UK should focus on becoming champions of the internet’
I was humbled recently to be asked by the government to contribute future policy recommendations to supercharge post-Brexit growth.
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Analysis
Analysis: Why Kingfisher boss Thierry Garnier believes lockdown trends will last
DIY giant Kingfisher has posted a year of strong growth as the home improvement trend continued to thrive in lockdown – but how sustainable will the newfound passion for DIY be?
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Retail Voice
Is your business prepared for the buy now, pay later boom?
Consumer spending habits are changing. But to thrive, businesses need to be resilient and adaptable, says Gary Rohloff, co-founder and managing director of Laybuy
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News
Kingfisher profits and sales soar off back of strong Covid trading
Home and DIY giant Kingfisher has reported soaring profits and sales in the last year, with chief executive Thierry Garnier confident of its “continued outperformance” of the market.
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News
Chancellor to delay decision on UK online sales tax
Chancellor of the exchequer Rishi Sunak is set to delay any final decision on a UK online sales tax to the autumn and will take his lead from whether the US supports the reform.
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Data
Data: Post-lockdown spending priorities – has Covid changed what and how we shop?
How will a year of on-off restrictions impact how we shop going forward? As we near the end of lockdown, Retail Week teams up with Walnut Unlimited to ask consumers what their post-lockdown spending priorities are and how they differ to life before Covid.
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Analysis
Deep dive: Lockdown – how it changed retail forever
12 months after we were told to stay at home, Retail Week takes stock of how the pandemic has changed the industry.
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News
Nike profits rise as China leads sales recovery
Nike has posted a jump in profits as booming sales in China offset tougher conditions in the US and Europe amid the coronavirus pandemic.
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Analysis
Analysis: Who will succeed Roger Burnley at Asda?
Following weeks of intense speculation, Asda chief executive Roger Burnley has confirmed he will be stepping down next year.
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News
Asda chief executive Roger Burnley to step down following £6.8bn takeover
Asda boss Roger Burnley is set to step away from the grocer next year, following the recent £6.8bn takeover of the business by the Issa brothers.
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News
Consumer confidence rises for third month as end of lockdown nears
Consumer confidence increased in March as the vaccine rollout continued and the end of lockdown grew nearer.
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News
Ocado’s Steiner downplays threat from Amazon and on-demand start-ups
Ocado chief executive Tim Steiner has dismissed the threat of Amazon and emerging on-demand grocery start-ups, comparing them to pureplay convenience stores.
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Gallery
Store gallery: Iceland’s new Swift c-store format
Iceland has opened the first of its new Swift convenience store formats in Newcastle upon Tyne.
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Opinion
‘Thorntons’ plight lays bare risks of chasing revenue over relevance’
Britain’s high streets mourned the loss of another business this week. Thorntons became the latest name to shut up shop as the chocolatier said its 61 stores will not reopen when lockdown restrictions are lifted next month.
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News
Eve Sleep cuts losses as turnaround strategy bears fruit
Online retailer Eve Sleep has reduced annual losses and said its recovery programme is ahead of schedule.