All Retail Week articles in May 2021 – Page 2
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NewsCo-op price matches vegan and meat products as part of new climate strategy
The Co-op has price matched all of its plant-based Gro products with their meat equivalents as part of a new ten-point climate change blueprint to be carbon neutral by 2040.
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NewsIkea launches ‘buy back’ initiative as part of sustainability drive
Ikea is set to launch its ‘buy back’ initiative, which allows customers to sell their unwanted furniture back to the retailer.
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AnalysisDeep dive: Understanding your new target shoppers – their favourite stores revealed
Where and how will the post-pandemic consumer want to shop? Retail Week unpacks the data.
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NewsBoohoo profits surge as sales rocket across globe
Boohoo has posted a spike in sales and profits as coronavirus lockdowns across the globe spurred growth in all of its international markets.
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Future Leaders‘We must prioritise the mental health needs of everyone who works in retail’
To mark Mental Health Awareness Week, retailTRUST CEO Chris Brook-Carter says ensuring good mental health for everyone who works in retail has never been more important
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NewsAsda owners to sell 27 forecourts to smooth competition concerns
Asda’s new owners the Issa brothers have agreed to offload a tranche of EG Group’s petrol forecourts, paving the way for them to formally complete their £6.8bn takeover of the supermarket chain.
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AnalysisAnalysis: Five ways Boohoo is building for the future after supply chain scandal
After a stellar year in which the fast fashion etailer reported over £1.7bn in sales, and acquired six well-known brands, Boohoo has unveiled plans to keep its momentum going.
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Retail VoiceCould stockless stores be the future of the high street?
As retailers learn the lessons of the pandemic, the future could see a dramatic change in the traditional model, with stockless stores as the way forward, argues Alex MacPherson, director of solution consultancy and account management at Manhattan Associates
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Opinion‘The crisis has liberated retailers’ decision making’
The last 12 months have been incredibly difficult for the retail industry, but it has been extraordinary to witness how retailers responded to the Covid-19 pandemic.
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NewsNext raises full-year profit guidance after strong first quarter
Fashion giant Next has upgraded its full-year profit guidance following a much stronger than expected performance in the first quarter.
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NewsSuperdry full-year revenues slump despite improved fourth quarter
Superdry has reported a slump in full-year sales but chief executive Julian Dunkerton says there is “light at the end of the tunnel” for the retailer following an improved fourth quarter.
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NewsZalando upgrades outlook for the year following ‘standout’ first quarter
German pureplay giant Zalando has upgraded its outlook for the 2021 financial year following what it called a “standout” first quarter.
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NewsSainsbury’s hires ex-John Lewis boss Paula Nickolds to run GM and clothing
Sainsbury’s has appointed former John Lewis managing director Paula Nickolds to head up its clothing and general merchandise business.
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Opinion‘Green is the colour of money as eco credentials shape financier sentiment’
Sustainability has been climbing up the retail industry’s agenda for years and a raft of recent financing deals shows it has now well and truly taken centre stage.
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AnalysisAnalysis: What Next’s growth trajectory means for fashion retail
As Next continues to surpass even its own expectations despite the impacts of the pandemic, what does its trajectory mean for the rest of fashion retail?
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DataData: Footfall soars after reopening but recovery lags behind pre-pandemic
Figures from both Springboard and the BRC show strong footfall recovery since non-essential stores reopened in April but the numbers are still down on pre-pandemic levels.
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NewsDixons Carphone to invest £25m in rewarding and upskilling colleagues
Dixons Carphone is set to invest £25m over two years to boost its colleagues’ training and wellbeing.
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Retail VoiceWatch: Currys PC World shares in-store CX secrets for the new retail era
One month since non-essential retail reopened in England, Currys PC World and its technology-led marketing partner Team ITG sit down to explore the current landscape and how customer behaviour has changed as a result of the pandemic. In this video, they discuss the key trends shaping retail and share unique insights for retailers to get ahead in 2021 – shining a spotlight on in-store CX, omnichannel marketing and sustainability
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Opinion‘As the jobs market reopens, be ready to seize opportunities’
For the 3 million people who work in British retail, the past 12 months have, almost without exception, been extremely challenging. Whether you’ve been stretched to your limit working for an ‘essential’ retailer or faced with the uncertainty of being furloughed, I wager it’s not an experience many would wish to repeat.
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AnalysisWorldview: Key lessons from the USA’s retail sales rebound
Judging by some of the latest data on retail sales, which rose by over 30% in March, the US retail sector has not so much emerged from the pandemic into the sunlit uplands as come forth into a blazing heatwave.