All Retail Week articles in March 2021 – Page 6
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News
Next takes stake in Reiss in new strategic partnership
Next and Reiss have agreed on a long-term strategic partnership whereby Next will take a 25% equity stake in the fashion brand.
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News
Zara owner Inditex posts sales and profit fall in ‘challenging year’
Fashion giant Inditex’s executive chair Pablo Isla said the business has “emerged stronger” from the coronavirus pandemic despite suffering a slump in full-year profits.
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News
Frasers Group’s Evans Cycles to axe 300 jobs in cost-cutting drive
The Mike Ashley-owned Evans Cycles is cutting 300 jobs and moving the remainder of its staff to zero-hours contracts in a bid to cut costs.
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Analysis
The Boardroom Briefing: Shopfloor pay – keeping up with the competition
The Boardroom Briefing dissects the big issues on the agenda in retail’s boardrooms and gives a concise summary of what the c-suite needs to know. This month we look at shopfloor pay following a series of hourly hikes by the grocers. Should your business follow suit?
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News
Marks & Spencer to downsize Marble Arch flagship with office redevelopment
Marks & Spencer aims to cut back retail space at its flagship Marble Arch store on Oxford Street in a redevelopment creating offices on upper floors.
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News
Kingfisher rolls out plans for B&Q stores in Middle East
Kingfisher has announced plans to open B&Q franchised stores in the Middle East starting with two in Saudi Arabia.
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Analysis
Co-op and One Stop reveal investment in payment tech has transformed CX
An expert panel also warns retailers must be ready to comply with anti-fraud measures that come into effect this year, take advantage of powerful new Wi-Fi tech and find a way to reduce contactless payment losses that are costing millions. Register to watch here.
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Analysis
Super-deduction: what it is and the retailers that could benefit
As part of the Budget last week, chancellor Rishi Sunak unveiled a ’super-deduction’ allowance to provide relief for certain businesses – but what does it mean for retail?
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News
DFS profits surge as pent-up lockdown demand boosts sales
DFS has posted a jump in half-year profits as pent-up demand from the first national lockdown drove a sales spike.
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News
WHSmith hails ‘better than expected’ sales as high street stores recover
WHSmith has posted a “better than expected” performance during the first two months of 2021 as its high street stores mounted a sales recovery.
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Opinion
Ian Middleton: ‘Councils shouldn’t play around with shopping centre investments’
In recent years, local authorities have created something of a commercial property gold rush.
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Retail Voice
Three ways to transform customer experience and drive retail
With elevated levels of online sales here to stay, retailers must adapt to maintain their competitive edge, says David Morton, sales and solutions director at Arvato CRM Solutions UK.
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Analysis
From catwalk to high street: is genderless fashion the future?
Not only did London Fashion Week go digital this year, it went genderless – but what could that mean for fashion retail?
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Analysis
‘Google is god’: Why retailers must maximise online search in 2021
Retail Week’s inaugural Ecommerce 2021 report surveyed 1,000 UK shoppers to find out how they start their online shopping journeys and where SEO fits in, their key drivers to spend and which retailers offer the best online UX.
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News
Retail sales return to growth but reopening concerns remain
Retail sales returned to growth in February having shrunk in January but the BRC warned that many retailers were worried about getting through to the provisional April 12 reopening date.
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News
Marks & Spencer launches online in almost 50 new international markets
Marks & Spencer has launched 46 websites in new overseas markets, bringing the number of international countries in which it operates as a pureplay to just over 100.
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News
Shoe Zone swings to full-year loss as Covid store closures bite
The UK’s largest value shoe retailer Shoe Zone has reported a loss for the year as the effects of the ongoing coronavirus pandemic begin to bite.
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News
Tesco store managers face job shake-up as part of stores restructuring
Tesco has put thousands of store-manager roles into consultation as it launches a major shake-up of its larger stores.
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News
Deliveroo announces intention to float
Food delivery app Deliveroo has confirmed its intention to float on the London Stock Exchange after weeks of speculation.
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Opinion
IWD: Edwina Dunn OBE – ‘Tackling why working women feel less entitled’
Working women feel less entitled than their male counterparts, says Edwina Dunn OBE, one of the masterminds of Tesco’s Clubcard and chair of educational charity The Female Lead, and Covid has exacerbated this. Here’s how to tackle this huge issue.