All Retail Week articles in March 2022 – Page 6
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Retail Voice
How to solve the retail technology conundrum
Making the right technology decisions isn’t easy with the digital sphere continuously shifting, says Roy Reynolds, chief information officer at VCG.
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News
Exclusive: B&Q launches online marketplace to create ‘one-stop shop for your home’
B&Q has launched an ecommerce marketplace as part of ambitious plans to expand its online range to more than 1 million home, DIY and garden products.
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Data
Data: Online retail spending growth slows in February
Ecommerce sales grew at the slowest rate on record in February, facing tough comparables from last year’s figures when the UK was in lockdown.
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News
Cost of living to climb again as more sanctions imposed on Russia
Cuts to imports of Russian oil and gas by Western countries in protest against the invasion of Ukraine will put further pressure on consumer finances.
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News
Greggs boss Whiteside refuses to rule out price rises as inflation deepens
Greggs boss Roger Whiteside has said it would be “irresponsible” to rule out further price rises on products and warned inflation could hit 6% or 7% this year as ingredients and energy prices skyrocket.
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News
D2C butcher Farmison eyes growth as investor snaps up stake
Online butcher Farmison & Co intends to accelerate growth after investor Inverleith acquired a majority stake in the business.
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News
Exclusive: M&S makes strategic investment in activewear platform The Sports Edit
Marks & Spencer has bought into activewear platform The Sports Edit as it builds its digital operations and strengthens its presence in the fast-growing category.
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News
Uniqlo defends decision to remain open in Russia
The parent company of Japanese fashion brand Uniqlo has vowed to continue its operations in Russia as a wave of other companies temporarily suspend sales and shut stores.
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News
Greggs ‘stronger and better’ as profits and sales climb
Food-on-the-go specialist Greggs has recorded an increase in both sales and profits in its full-year results as easing of restrictions increased demand.
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News
Made.com losses widen amid ongoing supply chain challenges
Made.com’s losses widened as the furniture retailer reported in its full-year results that it was “adversely affected by industry-wide global freight inflation and supply chain disruption”.
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Data
Data: Retail sales grow in February as Covid restrictions end
Retail sales increased in February as categories such as furniture, homewares, fashion and jewellery recorded strong growth over the month.
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News
Walmart partners with Space NK to launch luxury beauty collection
Walmart has teamed up with British beauty retailer Space NK to launch a luxury beauty collaboration.
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News
John Lewis chair Dame Sharon White: ‘Making a profit is a passport to doing good’
John Lewis Partnership boss Dame Sharon White has doubled down on comments that businesses should not let social and environmental goals distract them from making profits.
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News
Inditex, Burberry and Harrods cut ties with Russia
Zara owner Inditex has shut up shop in Russia, closing more than 500 stores and pausing online trading in the country.
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Opinion
‘As Lidl overtakes the Co-op, grocery’s established order could be set for a shake-up’
As Russia’s invasion of Ukraine heaps further pressure on global supply chains and commodity prices, Aldi and Lidl could permanently shift UK grocery’s established order, writes Hugh Radojev.
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Opinion
‘Make no mistake – Amazon still has big ambitions in bricks and mortar’
Amazon might be calling time on its bookshops and 4-star stores, but rivals should not be fooled – the etail titan remains hell-bent on making its mark in bricks-and-mortar retail, warns George MacDonald.
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Data
Data: Footfall strengthens in February following removal of Covid restrictions
Footfall rose slightly in February compared to January as more workers returned to offices and Covid-19 restrictions came to an end.
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News
Amazon launches first ‘sustainable’ own-brand range
Amazon has launched an own-label range across several categories entirely comprising “consciously created” products certified to meet sustainability criteria.
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News
Ikea closes Russia stores and halts sourcing from Belarus
Ikea has closed its stores in Russia and parent company Ingka Group has paused all imports and exports in and out of the country and Belarus in response to Russia’s invasion of Ukraine.
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News
H&M and Boohoo suspend sales in Russia
H&M and Boohoo are the latest fashion retailers to stop sales in Russia and Ukraine following the invasion.